City Resources
Affordable Housing Concepts
“affordable housing”
Across the U.S., as well as in Boulder County, housing is generally considered "affordable" if monthly rent or mortgage, plus utilities, total less than 30% of your household’s gross monthly income. In high demand cities like Boulder, simply building more housing without policy interventions will not make housing affordable. As a result, we support policies that will ensure we have a larger stock of truly affordable housing.
Boulder’s Goals and Progress
The City of Boulder has a goal of 15% of all homes in the city to be permanently affordable for low-, moderate-, and middle-income households. The number of homes required to achieve the 15% goal changes over time to reflect the total number of homes in Boulder. The City’s Dashboard tracks how we are doing in meeting this goal.
Definition of permanently affordable housing
Permanently affordable housing, also called income-qualified housing, ensures housing units (whether for rental or purchase) stay affordable. Without policy interventions, a city like Boulder, which has far more demand than it can ever supply, prices will stay high. For more on Boulder and permanently affordable housing, see the following City websites.
permanent supportive housing
We support the City building “permanent supportive housing.” Permanent Supportive is a housing model that combines affordable housing assistance with support services (for example, mental health assistance, education, social services) to address the needs of identified vulnerable populations such as chronically homeless people, U.S. veterans or "at risk” youth.