Boulder: Council Pushing for Middle Income Affordable Housing

The Boulder City Council reviewed a variety of regulatory tools and incentives to create middle-income deed restricted affordable housing units. Although the plan is not fully developed, at a recent study session the Council agreed its major goal is to increase the City’s inclusionary zoning requirement from 20 to 25 percent for new housing developments. Five percent of any new units would be restricted to residents earning between 80 and 150 percent of the area median income. In 2015, the area median household income was $72,009. More outreach will be done but it is expected the Council will consider an ordinance to this effect in late May.