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Resolution 2024-22
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Resolution 2024-22
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Last modified
6/27/2024 11:05:45 AM
Creation date
5/9/2024 11:50:50 AM
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Template:
City Council Records
Also Known As (aka)
Louisville Housing Plan to Address Housing Affordability
Meeting Date
5/7/2024
Doc Type
Resolution
Signed Date
5/7/2024
Ord/Res - Year
2024
Ord/Res - Number
22
Document Relationships
Resolution 2024-63
(Cross-References)
Path:
\CITY COUNCIL RECORDS\TOWN SEAL (40.150)
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Exhibit 25: Total Units Needed by 2047, Louisville <br />Source: DOLA 2047 Boulder County Population, ACS 5-year 2017-2021, CHAS 2015-2019, ECONorthwest <br />1,200 - <br />Cn <br />c <br />800 <br />Cn <br />D <br />O <br />2 <br />862 <br />(35%) <br />E11 <br />U <br />0-30% 30-50% 50-80% 80-100% 100-120% 120-140% +140% <br />Household income (%AMI) <br />Component 0 Need 0 Underproduction <br />The forecasted housing need by income category is likely to vary depending on future policy <br />choices. If the city does not take meaningful action to increase housing production, and <br />affordability worsens due to demand from higher -income households outpacing supply of total <br />housing units, many low-income households will face displacement and the forecasted need for <br />lower income households would likely be lower. The ultimate income distribution in 2047 will be <br />the result of regional housing trends and policy decisions made at the local level. <br />Louisville Housing Plan Part 2: Housing Needs and Market Assessment 25 <br />
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