Lockheed Martin engineers in Littleton take command as the OSIRIS-REx spacecraft collects samples from the asteroid Bennu to help earthlings better understand the origin of our solar system. The city plans on growing its affordable-housing credit balance and meeting the council’s directive from almost two decades ago with a new development near the water treatment plant on Doolittle Drive above the hospital. Their housed workers are not as close to retirement as Aspen’s. - Increase your productivity, customize your experience, and engage in information you care about.
Some clouds this evening will give way to mainly clear skies overnight. The wave of retirees is roiling Aspen. That’s not me saying that. Low 37F. Why would someone who lives in free-market housing resent anyone who lives in employee housing? Vail is transitioning away from the notion that affordable housing means short-term housing for the wintertime wave of resort workers who swarm Vail Mountain. The affordable-housing programs in Vail, Crested Butte, Breckenridge, Telluride and Steamboat Springs are not as old as Aspen’s. A lot of us are benefiting from each other in a symbiotic relationship. The two can overlap, but they are not always compatible, especially in a town where, as the joke goes, the billionaires have run out the millionaires. Water Place II will be located near the City of Aspen Water Treatment Plant on Doolittle Drive. “It’s not like you have real ownership,” said Andy Popinchalk, who recently retired after 32 years teaching at Aspen High School and lives in the affordable home where he raised two sons. “They are saying it’s OK for us to have a community that is transient and no one should plan on sticking around that long.”. What’s happening in Aspen mirrors the nation’s struggles to adjust entitlement programs, whether it’s Social Security, Medicare or unemployment benefits. Currently, that’s four years. It’s like an IRA for our workforce. When you leave, you don’t necessarily get the same benefits to pass on to your kids or anything like that.”. Currently a majority of City employees live in units called Water Place, which is adjacent to the new development. It strikes me that, collectively, the non-city-backed development projects far eclipse anything the city does in scope and profit. The Snow Eagle is centrally located in Aspen, two blocks from The City Market grocery store.
If you are offered employee housing you will sign a lease and submit payment to hold your housing bed allocation.
(Brian Bitterfield, Special to The Colorado Sun), Primary category in which blog post is published, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Pocket (Opens in new window), Click to share on Skype (Opens in new window), Click to share on Telegram (Opens in new window), Click to share on LinkedIn (Opens in new window), A map of Colorado’s coronavirus cases, deaths, How to submit an opinion piece to The Sun, Learn more about Civil’s Credibility Indicators, Affordable housing is an issue reaching crisis level, High-country Colorado towns wrangle big-city problems with homelessness, 1,655 new units by 2025 for workers replacing people who are retiring, How Colorado is key to NASA’s first mission to collect asteroid dirt, Fire charts that show where 2020 ranks in Colorado wildfire history, Opinion: It’s time for a democracy restoration package, Colorado opens statewide in-person voting with rules designed to prevent coronavirus outbreaks, Aurora delays in-person learning for high school students until November, following Denver Public Schools, (720) 263-2338 — Call, text, Signal or WhatsApp. He has pored over voter rolls and property-tax collections in Aspen that show a growing number of second homes owned by corporations is contributing more to his hometown’s housing crisis than retirees are. No,” he said. Do people in employee housing have it made? The affordable-housing program in Aspen ranges from studio apartments in free-market projects — which the city requires developers to build to accommodate new workers — to a 258-home village on the outskirts of town. The county’s 2016 housing-needs study shows there will be a little more than 18,000 residents in the county between ages 50 and 84 in the five-year span before 2025. It’s not a right. Learn More They may include a trade-down program that allows older residents to move into smaller units as children leave the nest.
The private development in Aspen is a fire hose of money that the city is constantly playing defense trying to mitigate.
Maybe there is a way to infuse free-market opportunities in the housing program to incentivize people to move. “And they leave.”. So his board is considering how it can offer incentives for retirees to maybe move into smaller homes. A new proposal would raise that to 10 years and perhaps twice that depending on the age of the buyer. Every day, locals flip open their newspapers and see dozens of color ads for homes with prices that look like they just have to be typos. They are affordable to teachers, with condos priced around $200,000, and to surgeons, with homes selling for well more than $1 million. And in Aspen, where the affordable-housing program has enabled thousands of residents to own homes in one of the country’s most expensive markets, the crisis is particularly acute.
About 1,650 are deed-restricted homes owned by teachers, politicians, doctors, chefs, nonprofit workers, police officers and business owners — the people who keep Aspen running as it hosts waves of the wealthy and the glitterati on holiday. “Our demographics are catching up to us in a big way in the next 10 years,” said Chris Romer, the president of the Vail Valley Partnership. My gut instinct would be to hold.
Employee housing effectively diversifies the free market’s investment on Aspen’s future. It didn’t last long.
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