HomeMy WebLinkAboutRESOLUTION 002-23RESOLUTION 02-23
ARESOLUTION AUTHORIZING TOWN STAFF TDAPPLY FOR THE COLORADO
DEPARTMENT OFLOCAL AFFAIRS (DOLA)DIVISION OFHOUSING (DOH)
TRANSFORMATIONAL AFFORDABLE HOUSING, HOMEOWNERSHIP, AND
WORKFORCE HOUSING GRANT PROGRAM
WHEREAS, the Town of Estes Perk recently engaged a consultant to conduct
new Housing Needs Assessment and develop a strategic plan; and
VVHEREAG, preliminary data from the assessment indicate a need for around
2,700 new housing units for the workforce in the Estes Valley; and
WHEREAS, Ballot Measure OE, passed by voters of the Local Marketing District
in November's election, effectively creates a new revenue source dedicated to addressing
issues pertaining to workforce housing (and childcare) in the Estes Valley; and
WHEREAS, it isestimated that new construction, redevelopment, and purchasing
of deed restrictions (among other aimhagieo) needed to address the current workforce
housing needs would cost hundreds ofmillions ofdollars; and
WHEREAS, D0UYaDOH Transformational Affordable Houaing.Homeuwnership.
and Workforce Housing Grant Program presents an opportunity to leverage existing local
funds dedicated to address workforce housing challenges to construct one of many
eligible housing projects envisioned for the short term.
NOW, THEREFORE, 8E|TRESOLVED BYTHE BOARD OFTRUSTEES OF
THE TOWN OF ESTES PARK, COLORADO:
The Board of Trustees hereby authorizes the Town Administrator or designee to
apply for funding through the Colorado Deportment of Local Division of Housing Affairs
Transformational Affordable Housing. Homeownership, and Workforce Housing Grant
Program.
DATED this 10'"' day of 2023.
TOWN OF ESTES PARK
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nClerk
APPROVED AS TO FORM:
Town Attorney