Affordable Housing Committee

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Outcome

The Affordable Housing Committee convened from January to May of 2023. In May of 2023, the city's Affordable Housing Policy Coordinator brought forward ten recommendations to promote affordable housing in Golden to City Council on behalf of the Committee. City Council chose six of the recommendations as priorities, which are noted on the list.

Background

Committee Purpose:

To review and analyze the 2022 Housing Needs and Strategies Assessment and make recommendations to City Council regarding actions that can be taken to minimize existing and projected housing gaps over the next 10 years. City Council may use these recommendations to direct staff regarding the development of a Housing Strategy and Implementation Plan.

Based on the projected growth, demographic, and socioeconomic changes in the city’s population and workforce as presented in the 2022 report, the committee members will consider what recommended actions Council should prioritize to minimize existing and projected housing gaps over the next ten years across demographic, racial/ethnic, and socioeconomic groups. Recommendations could include those listed in the report or recommendations the committee arrives at independently based on their work and research.

The Committee will meet at least monthly with a focus on the following:

  • Reviewing and analyzing the Housing Needs and Strategies Assessment report
  • Reviewing existing City policies, programs, and regulations relevant to the development, cost, and availability of housing for all demographics and their impact on the housing needs identified by both the report and the committee
  • Making recommendations to City Council by the end of Q2 2023 regarding the priority areas of focus for housing development and preservation for the next 10 years and recommendations of actions which Council could take to encourage development in the priority areas.

Proposed Workplan:

  • Meeting #1: Review Key finding from the Housing Needs and Strategies Assessment
  • Meeting #2: Review of existing city policies, programs, and regulations relevant to the development, cost, and availability of housing
  • Meeting #3: Review policies, programs, and regulations from other communities which might increase the success achieving the identified housing priorities for the City
  • Meeting #4: Review and refine recommendations to Council



Committee Members

The members of the City of Golden Affordable Housing Committee were appointed by City Manager Scott Vargo in accordance with Resolution 2882:

Tyler Elick

Co-founder and Managing Director, Brikwell - Tyler moved to Golden, pre-COVID, with his wife and two daughters and has loved getting involved in the Golden community. Tyler has worked at Forest City Realty Trust, Forum Real Estate Group, Holland Partner Group, and NexMetro Communities and is a developer of real estate assets with an emphasis on suburban and urban multifamily and commercial mixed-use communities.

Stefka Fanchi

President and CEO, Elevation Land Trust - Stefka has been the President and CEO of ELT, an innovative community land trust model for 4 years. She has held executive level development positions with statewide nonprofits and municipal government, including Habitat for Humanity of Colorado and the City of Lakewood. She has fifteen years’ experience in affordable housing and specializes in the development of home ownership opportunities for low- and moderate-income families, and public policy development to support that mission.

Paul Haseman

City of Golden Councilor, Ward 2 – Paul graduated West Point as an officer in the Corps of Engineers and served in Vietnam. After teaching at the Army Engineer School, Paul obtained two law degrees and worked in the aerospace industry for 30 years, last serving as Vice President and General Counsel for $3B company. His broad corporate experience reinforces the value of communication and teamwork.

Lori Rosendahl

CEO, Foothills Regional Housing (Jefferson County Housing Authority)– Lori has served as CEO of Foothills Regional Housing for over 6 years and has most recently led the agency in its attainment of Moving to Work (MTW) status with the US Department of Housing and Urban Development (HUD). MTW agencies can design and test innovative, locally designed housing and self-sufficiency strategies for low-income families. Foothills Regional Housing is the owner of most of the formal affordable housing located in Golden (about 150 units) and invests approximately $23 million a year in rental assistance to support Jefferson County households.

Tyler Scrable

Realtor, Golden Real Estate – Tyler “Ty” has been a licensed broker for 7 years and has extensive experience in the property management business. He is passionate about the Golden community and using his expertise to make a difference, including his recent service on the Planning and Zoning Commission. In this role, Ty was instrumental in structuring a $3.1 million affordable housing contribution from CoorsTek as part of the approval of their 12+ acre downtown rezoning. Ty is passionate about affordable housing and providing opportunities for people from diverse racial and socio-economic backgrounds to live in Golden.

Jason Slowinski

Associate Vice President, Infrastructure & Operations, Colorado School of Mines – Jason leads infrastructure development at the Colorado School of Mines including implementation of the University’s Housing Master plan focused on growing the student housing system from the existing 2500+ beds. Prior to joining the Colorado School of Mines, Jason served at the City Manager of Golden for 6 years. He has a background in city planning and holds a Doctorate of Law.

Kathy Smith

Director/Board Member, Golden United – Kathy is a tireless advocate for affordable housing both in Golden and throughout the State of Colorado. She has been active at the State and local level in supporting increased funding for affordable housing and protections for mobile home park residents. She is a member of the League of Women Voters Legislative Committee and serves as co-chair of the Golden United Housing Task Force, which has been active since 2019 in promoting the need for increased affordable housing in Golden.

Outcome

The Affordable Housing Committee convened from January to May of 2023. In May of 2023, the city's Affordable Housing Policy Coordinator brought forward ten recommendations to promote affordable housing in Golden to City Council on behalf of the Committee. City Council chose six of the recommendations as priorities, which are noted on the list.

Background

Committee Purpose:

To review and analyze the 2022 Housing Needs and Strategies Assessment and make recommendations to City Council regarding actions that can be taken to minimize existing and projected housing gaps over the next 10 years. City Council may use these recommendations to direct staff regarding the development of a Housing Strategy and Implementation Plan.

Based on the projected growth, demographic, and socioeconomic changes in the city’s population and workforce as presented in the 2022 report, the committee members will consider what recommended actions Council should prioritize to minimize existing and projected housing gaps over the next ten years across demographic, racial/ethnic, and socioeconomic groups. Recommendations could include those listed in the report or recommendations the committee arrives at independently based on their work and research.

The Committee will meet at least monthly with a focus on the following:

  • Reviewing and analyzing the Housing Needs and Strategies Assessment report
  • Reviewing existing City policies, programs, and regulations relevant to the development, cost, and availability of housing for all demographics and their impact on the housing needs identified by both the report and the committee
  • Making recommendations to City Council by the end of Q2 2023 regarding the priority areas of focus for housing development and preservation for the next 10 years and recommendations of actions which Council could take to encourage development in the priority areas.

Proposed Workplan:

  • Meeting #1: Review Key finding from the Housing Needs and Strategies Assessment
  • Meeting #2: Review of existing city policies, programs, and regulations relevant to the development, cost, and availability of housing
  • Meeting #3: Review policies, programs, and regulations from other communities which might increase the success achieving the identified housing priorities for the City
  • Meeting #4: Review and refine recommendations to Council



Committee Members

The members of the City of Golden Affordable Housing Committee were appointed by City Manager Scott Vargo in accordance with Resolution 2882:

Tyler Elick

Co-founder and Managing Director, Brikwell - Tyler moved to Golden, pre-COVID, with his wife and two daughters and has loved getting involved in the Golden community. Tyler has worked at Forest City Realty Trust, Forum Real Estate Group, Holland Partner Group, and NexMetro Communities and is a developer of real estate assets with an emphasis on suburban and urban multifamily and commercial mixed-use communities.

Stefka Fanchi

President and CEO, Elevation Land Trust - Stefka has been the President and CEO of ELT, an innovative community land trust model for 4 years. She has held executive level development positions with statewide nonprofits and municipal government, including Habitat for Humanity of Colorado and the City of Lakewood. She has fifteen years’ experience in affordable housing and specializes in the development of home ownership opportunities for low- and moderate-income families, and public policy development to support that mission.

Paul Haseman

City of Golden Councilor, Ward 2 – Paul graduated West Point as an officer in the Corps of Engineers and served in Vietnam. After teaching at the Army Engineer School, Paul obtained two law degrees and worked in the aerospace industry for 30 years, last serving as Vice President and General Counsel for $3B company. His broad corporate experience reinforces the value of communication and teamwork.

Lori Rosendahl

CEO, Foothills Regional Housing (Jefferson County Housing Authority)– Lori has served as CEO of Foothills Regional Housing for over 6 years and has most recently led the agency in its attainment of Moving to Work (MTW) status with the US Department of Housing and Urban Development (HUD). MTW agencies can design and test innovative, locally designed housing and self-sufficiency strategies for low-income families. Foothills Regional Housing is the owner of most of the formal affordable housing located in Golden (about 150 units) and invests approximately $23 million a year in rental assistance to support Jefferson County households.

Tyler Scrable

Realtor, Golden Real Estate – Tyler “Ty” has been a licensed broker for 7 years and has extensive experience in the property management business. He is passionate about the Golden community and using his expertise to make a difference, including his recent service on the Planning and Zoning Commission. In this role, Ty was instrumental in structuring a $3.1 million affordable housing contribution from CoorsTek as part of the approval of their 12+ acre downtown rezoning. Ty is passionate about affordable housing and providing opportunities for people from diverse racial and socio-economic backgrounds to live in Golden.

Jason Slowinski

Associate Vice President, Infrastructure & Operations, Colorado School of Mines – Jason leads infrastructure development at the Colorado School of Mines including implementation of the University’s Housing Master plan focused on growing the student housing system from the existing 2500+ beds. Prior to joining the Colorado School of Mines, Jason served at the City Manager of Golden for 6 years. He has a background in city planning and holds a Doctorate of Law.

Kathy Smith

Director/Board Member, Golden United – Kathy is a tireless advocate for affordable housing both in Golden and throughout the State of Colorado. She has been active at the State and local level in supporting increased funding for affordable housing and protections for mobile home park residents. She is a member of the League of Women Voters Legislative Committee and serves as co-chair of the Golden United Housing Task Force, which has been active since 2019 in promoting the need for increased affordable housing in Golden.

  • Ten Recommendations to Promote Affordable Housing in Golden

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    City of Golden Affordable Housing Committee Final Recommendations

    **Recommendation 1:

    Exempt permanently affordable housing units serving rental households averaging 60% AMI and homeownership households averaging 100% AMI from the requirement to obtain allocations under the Growth Ordinance.

    Recommendation 2:

    Bank unused allocations, both historically and on an ongoing basis, allowing City Staff to reserve allocations in support of permanently affordable housing for households with an average AMI of up to 120%.

    **Recommendation 3:

    Reduce the parking requirements to 1 space per unit for permanently affordable multifamily rental units serving households with an average AMI of 60% or lower. Reduce the parking requirements to 1 space per unit for permanently affordable multifamily homeownership units serving households with an average AMI of 80% or lower.

    **Recommendation 4:

    Exempt the 25% commercial requirement completely for 100% permanently affordable housing properties serving rental households with an average AMI of 60% and homeownership households with an average AMI of 100%.

    Recommendation 5:

    For properties which include market rate units, allow a waiver or Special Use Permit process to reduce or eliminate the 25% commercial requirement in exchange for permanently affordable housing. Direct staff to develop a process with specific criteria for review, which would take into consideration other City planning goals supporting mixed use and commercial development.

    **Recommendation 6:

    The Affordable Housing Committee recommends City Council include language on the November 2023 election ballot which allows the exemption of affordable housing, as defined by the Housing Trust Fund Ordinance, from Section 11.5 of the City Charter.

    Recommendation 7:

    Direct staff to investigate opportunities to provide a permanent, ongoing source of funding to the affordable housing trust fund which could include annual funding by the City or fees or contributions made through other programs.

    **Recommendation 8:

    Direct staff to work with stakeholders on the design of a Rental Registry program with the goal of better understanding the conditions of rental housing in Golden as well as renter characteristics.

    **Recommendation 9:

    Direct staff to work with affordable housing developers and other stakeholders to identify sources of funding which will offset the increased cost of City of Golden Sustainability requirements. Until such time as funding can be identified, allow 100% affordable housing properties serving households averaging 60% AMI for rental or 100% AMI for homeownership, to apply for a waiver from the on-site renewables’ requirements.

    Recommendation 10:

    Direct staff to research and develop a proposed program which would identify and utilize funding to create and protect affordable housing opportunities through buy-downs and deed restrictions.

    **Starred recommendations in green represent those chosen by Golden City Council as priorities.

Page last updated: 10 Oct 2023, 11:29 AM