Affordable Housing Strategy, Development, Diversity | PBC

The Problem:  

Boulder is the most expensive city in the region. With average single-family home prices near one million dollars, and many apartments renting for thousands of dollars a month, it is not affordable for most middle-, median- and low-income households. The City of Boulder has implemented a variety of affordable housing policies to address the issue, yet we continue to lose ground. Job growth continues to outpace residential growth causing upward pressure on housing prices, the local real estate market continues to skyrocket, and existing housing that is still relatively affordable is being redeveloped as high-end. If the current development trends continue, Boulder will be a place for mostly the very wealthy and a few lower income people in subsidized units.

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