Public Affairs Update

Public Affairs Update………………………………….……………………….March 2, 2016

  • Budget Plan Would Fund Conservation

  • NAR: Sales Make Gains, Prices ‘Rising Too Fast’

  • Tight Inventory Persists Heading into Spring Homebuying Season

  • Pizza & Public Affairs Wednesday, March 2, 2016 Noon to 1:00pm at BARA

  • In Case You Missed It

     

    Budget Plan Would Fund Conservation
    The Obama administration released a budget proposal for fiscal year 2017. Check out the highlights of the proposal that relate to energy and environmental issues. [Source: NARenews 02-26-2016]

     

    NAR: Sales Make Gains, Prices 'Rising Too Fast'
    “The housing market has shown promising resilience in recent months, but home prices are still rising too fast because of ongoing supply constraints,” says NAR’s chief economist. [Source: NARenews 02-24-2016]

     

    Tight Inventory Persists Heading into Spring Homebuying Season

    Existing-home sales reached a six-month high in January, but the combination of persistent tight inventory and rapid price appreciation in the housing market may make it tough for would-be homebuyers this spring. Click HERE for the story.

    [Source:DSNews.com 02-23-2016]

     

    Pizza & Public Affairs Wednesday, March 2, 2016 Noon to 1:00pm at BARA

    Boulder Housing Partners (City of Boulder Housing Authority) is launching an aggressive effort to expand Boulder’s affordable housing programs and that agenda may represent challenging issues between public and private homeownership in the years ahead.

     

    Guest Speaker

    Betsey Martens, Executive Director, Boulder Housing Partners (BHP)

     

    What She Will Present

    Betsey will explain why BHP believes without action now market forces will soon overtake Boulder’s good intensions and the community will permanently lose opportunities to increase and stabilize affordable housing for current and future residents.  Strategies she will discuss include:

  • Creating an Affordable Housing Benefit Ordinance

  • Creating an Affordable Housing Overlay Zone

  • Maximizing affordability on two key city-owned parcels

    -The Pollard site

    -Boulder Community Hospital on Broadway

  • Create an Affordable Housing Preservation Tax to maximize the preservation and expansion of housing

  • Fund the Affordable Housing program at a minimum of $12MM annually

  • Provide BHP with a Right of First Refusal on multi-family commercial sales

  • Expand the use of vouchers in Boulder by considering an income discrimination ordinance

     

    Practitioners in the Boulder area markets need to understand these affordable housing initiatives and their potential impacts.

    RSVP Today!

     

    You’ll want to save these dates for upcoming Pizza & Public Affairs events:

  • April 6: We are going on the road for a tour of commercial and residential property at Boulder Junction and lunch at the Depot Roadhouse

  • May 4: Newly elected Council Members Aaron Brockett and Bob Yates

     

    In Case You Missed It