Recently the Longmont City Council considered its affordable housing policy in conjunction with of the Longmont Area Comprehensive Plan Update. After a lengthy discussion the Council agreed that its goal is to provide an additional 50-100 affordable units a year. They did not specify whether these would be rentals or units available for purchase by qualified buyers making less than the average median income.
A majority of the Council members present agreed to consider a dedicated sales tax (requiring voter approval) and incentives such as density bonuses and fee deferrals for builders. Polly Christensen disagreed, saying she wanted to consider some type of fee that didn’t require public approval. On June 30th the Council will continue the discussion.
IRES MLS: Come Home to Colorado 