Details

Title	Toward a More Inclusive Boulder: Innovative Solutions to Affordable Housing Challenges
Highlights	There is implicit recognition that lengthy administrative procedures increase housing costs.   Streamlined administrative procedures reduce production costs for developers and allow for increased development of affordable housing.                       According to the report, commercial development and job growth often outpaces affordable housing production.   Tax increment financing allows communities to use increased tax revenue from infrastructure improvements for affordable housing.                       There is implicit recognition that zoning regulations reduce the supply of affordable housing.   According to the report, zoning laws increasing density allowances, such as inclusionary zoning and accessory dwelling units allow for more affordable housing opportunities.
Description	This report discusses innovative strategies to increase the supply of affordable housing in Boulder, Colorado. Some of the regulatory strategies described in the report include preservation of manufactured housing communities, allowing development of accessory dwelling units, adopting inclusionary zoning ordinances, utilizing density bonuses, streamlining permit approvals, and limiting second home purchases through “local price” programs. Limiting second home purchases gives community residents home purchasing preference through price reductions over nonresidents seeking to purchase vacation homes. Other financial mechanisms to support affordable housing development include job-housing linkage fees for new commercial development, and tax increment financing, which will use increased revenue from infrastructure improvements to fund affordable housing development.
Publication Date	2008
Organization	Karen Chapple and Tesa Munekiyo
Web Location	http://bcn.boulder.co.us/planboulder/affordable_housing/housing_documents/Boulder%20presentation%20research%20-%20Chapple.pdf

Notice: The contents of this record reflect the views of the author and/or promulgating municipality, and should not be construed as representing the views or policies of the U.S. Department of Housing and Urban Development or U.S. HUD's Office of Policy Development and Research. No attempt has been made by U.S. HUD or its contractors to verify the accuracy, currency, or validity of the record contents presented herein.