Affordable Ouray Real Estate

Posted by: Erin Eddy

www.ourayland.com

Multijurisdictional board ready to act on affordable housing

OURAY Now that a county-wide affordable housing plan has been discussed, studied and drafted over the past five months, its time to put some of its strategies into action.

The Affordable Housing Action Plan, presented to a sparse audience May 27 at the Ouray Community Center, was developed to guide the work of the fledgling Ouray County Housing Authority (OCHA) and to coordinate efforts of the City of Ouray, Town of Ridgway and Ouray County.
The plan consists of five sections: Update of Housing Needs; Policies and Guiding Principles; Goals and Objectives; Action Plan; and Administration.
Our focus was on shared responsibility, said Jen Coates, OCHA board member and Town of Ridgway planner. This is not going to be an out-of-the-gate action plan.
Other OCHS board members are Land Use Coordinator Mike Fedel and Councilwoman Betty Wolfe from Ouray; Ridgway Town Councilman Paul Hebert and from Ouray County former commissioner Don Batchelder. They were assisted in drafting the action plan by Melanie Rees of Rees Consulting in Crested Butte.
Rees said the groupÕs first step was to review a Housing Needs Assessment completed in 2008. Based on surveys conducted the previous year, the report concluded that 149 additional units were needed to address existing or catch-up demand for affordable housing. Since then, however, economic conditions have changed in terms of local construction, employment and demand for housing.
Rees said there is no easy number to define affordable housing and those used are Òare not set in concrete.Ó As an example, she used $61,400 as the annual area median income for a four-person household, which puts an affordable home purchase price at $194,000. She also said, Òwhether you rent or buy, a household should limit its monthly payment to 30% of its gross income.
County Commissioner Lynn Padgett said the housing review showed there has been an increase in second or vacation homes throughout the county, which has caused an increase in residential prices. As noted in the draft plan, despite intergovernmental agreements that residential growth should take place within Ouray and Ridgway, more than half of new home construction from 2000-07 was in the unincorporated area of Ouray County.
The proposed action plan, said Padgett, strives to direct future growth within the urban growth boundaries of the two municipalities. To address existing needs (catch-up) and future needs (keep-up) approximately 55% of affordable housing should be developed in Ridgway, 28% in Ouray and 17% in Ouray County. Up to 50 affordable housing units, evenly split between low and moderate income levels, should be developed by 2012.
Coates said the OCHA board is aware of budget constraints of its three participating jurisdictions and that some of its 12 strategies require further study and analysis. For that reason the plan, according to its most recent draft, Òoutlines a pragmatic approach that focuses immediately on improvements to the existing housing inventory and postpones plans for unit development until market indicators suggest that new construction would be prudent and feasible.
Should the county, city and town agree, two of those strategies could get underway this year. Rehabilitation & Weatherization would provide assistance to existing residential units to address high utility costs, unsafe surroundings and the potential for overcrowding and dissatisfaction due to disrepair or less than desirable living conditions. Assistance could include energy audits, grants and low-interest loans.
Second is a common, or similar, Annexation Policy followed by the City of Ouray and the Town of Ridgway. New development would be required to address not only the impacts to housing that it directly generates, but to improve conditions that currently exist in the communities, including a shortage in the availability of affordably priced housing, be it for sale or for rent.
Coates said itÕs still a work in progress to determine the tasks for each strategy, how it might happen and how much it will cost. The next step, she said, is to gain as much input as possible by June 5 from a questionnaire on the draft plan. (A copy of the draft plan, and the questionnaire, is available on the Town of Ridgway website).
OCHA members and its task force will hold a follow-up meeting and prepare a final draft by June 24.

By Patrick Davarn, news editor