VITAL SIGNS UPON ARRIVAL

POPULATION
103,166
% OF ADULTS WITH BACHELOR’S+
72.3%
MEDIAN HOUSEHOLD INCOME
$58,484
POVERTY RATE
23.1%
LOSING 573 AFFORDABLE UNITS/YEAR
LOSING 573 AFFORDABLE UNITS/YEAR
MEDIAN HOME VALUE: $512,600
MEDIAN HOME VALUE: $512,600

“How can our agency improve the way in which we meet affordable housing needs in the Boulder region?”

Client: Boulder Housing Partners

Team Members: Charles Buki, Karen Beck Pooley, Rob Krupicka

Services: Housing Analysis, Strategy Development, Report Creation, Visioning, Policy Recommendations

Between 2013 and 2014, czb partnered with Boulder Housing Partners, the city’s Housing Authority, to identify and address the overall scale and nature of the city's affordable housing needs. Our analysis, findings, and strategy recommendations were used to develop a Strategic Plan for Boulder Housing Partners that includes an actionable plan to add 200 affordable housing units to the city’s inventory each year over the next 10 years.

czb’s comprehensive market analysis included an assessment of wages, property values, ownership patterns, commuting patterns, job growth, and neighborhood-by-neighborhood market trends. Boulder’s ability to provide workforce housing was a central economic concern of the city and therefore an important feature of the analysis — much more so than typical affordable housing assessments.

Project Outcomes

Boulder Housing Partners updated its long-range vision plan to reflect czb's recommendations.

Boulder Housing Partners began working to increase Boulder’s permanently affordable housing inventory by 2,000 units.

czb's final report outlined the dual problems of an acute shortage of affordable rental housing and decreasing homeownership among middle class households due to the growing shortage of affordable homeowner housing. We also and outlined key steps for Boulder Housing Partners and the city to take over the coming years.