City Council Agenda and Packet 2023 01 10

Home Browse Search

REQUEST FOR PROPOSALS FOR THE CITY OF LOUISVILLE HOUSING PLAN Section i. Summary of Reauest Purpose of the City of Louisville Housing Plan — The City of Louisville, Colorado is seeking proposals to develop a Housing Study. The City was awarded an HB21-1271 Innovative Affordable Housing Strategies Grant through the Colorado Department of Local Affairs in late 2021, with an anticipated start date in early 2022. However, due to the Marshall Fire, the City delayed the start of this study until 2023. The City of Louisville is located in eastern Boulder County along the US 36 corridor between the cities of Boulder and Denver. Like other communities in the region, the city is experiencing a surge in housing prices impacting households in all income groups, but particularly those with lower and moderate incomes. The city is approaching full build out with limited availability of land zoned to allow additional residential development. In 2o18, the City endorsed the Boulder County Regional Housing Partnership Regional Housing Strategy with the goal of 12% permanently affordable housing units county -wide. In 2021, the City adopted Ordinance 1809, Series 2021, the city's first inclusionary housing ordinance. The City has budgeted and plans an update to the 2013 Comprehensive Plan, kicking off in mid- year, 2023. The housing study is intended to be a standalone document, but will inform land use policy recommendations and decision making through the Comprehensive Plan process. The City desires to create a strategic and actionable plan to address housing needs in the community, with a focus on attainable and affordable housing. The plan should include the evaluation of current and anticipated economic and market trends influencing housing, employment and demographic trends, evaluation of existing housing stock, identification of deficiencies in housing types and recommended strategies to meet the current and future housing needs of the city. These strategies should include specific actions and policies that will help the city achieve the desired outcomes and could include, but are not limited to, changes to land use regulations and policies, development of a suite of incentives that could result in more affordable housing, and other actions the city could pursue that achieves goals related to housing. Questions regarding the proposal can be directed to: NAME City of Louisville 303.335.4590 749 Main Street Iritchie@LouisvilleCO.gov Louisville CO 80027 Section 2. Proposal 2 24