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AESOLIITION OF THE BOARII OF COUNTY
COMMISSTONERS OF PITKZN COUNTY� COLORADO
ADOPTING THE 1989 AFFORDABLE RESIDENT HOUSTNG GUIDELINES
AS RECOMMENDED HY THE ASPEN/PITRIN COUttTY HOUSING AUTAORITY
;. Resolution No. �-�{3 �,,,.-.
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_ WIiEREAS, the Board of County Commissioners of PitYin County, ��
Colorado jhereinafter "Board") delegated to the Aspen/Pitkin County �`. ,
� Housing Authority (hereinafter "Authority") the duty to develop and ;1 �'•
-,,� recommend 1989 Affordable Resident Housing Guidelines (hereinafter
� "Guidelines") ; and �
�:
^„;;-'� wxEREAS, the Authority has adopted such guidelines anc has
referred and recommended them to the Board for approval; and
=_--;' WxEREAS, the Board has reviewed the Guidelines, and has found
,� ._- that it is in the best interests of the community, its housing �
�`�` program in general, and its affordable resident housing programs, �`. '
specifically, to approve and adopt these Guidelines.
'r`;-� NoW, THERE�'ORE, BE IT RESOLV£D by the Board that it does
4t=n� hereby approve and ac2opt the 1989 Aftordable Resident Housing -
' Guidelines attached hereto and made a part hereof; and
°�" BE IT FIIRTHER RESOLVED that by virtue of the adoption of the
'���� Guidelines attached hereto, �that the regulations and guidelines set
forth and adopted herein shall supersede, to the extent
'�__::}. , inconsistent with the provisions of this Resolution, all prior
'-`"' resolutions of the Board ;and
'�i:;. .
' PROVIDED FIIRTHER that the provision of resolutions pertaining
Y:�1 to employee housing guidelines shall remain in fu11 force and ,�.
:�`�Zt effect to the eatent not inconsistent with the regulations and
;�=�1 guidelines adopted herein.
,}..
�t. Dated: 'j�/���
,`s:Yt'
.;;Jfy, ATTEST: BOARD OF COU2:TY C6MMISSIONERS
'�`"�:' OF PITKI COUNTY� COLORADO
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J nette Jone Deputy Colette Pen e, Chairperson �
� C'unty Clerk `
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i,� APPROVED AS TO COI�TENT: ApPRO D AS TO FOR2:: �t � ` .
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�="�I �anet Raczal:��Housing Office Thoma . 5 ith, County torney .�
:,�ti� BOCC.GLl � .
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� TABLE OF CONTENTS
� PAGE
�
iINTRODUCTION............................. ..... ........ ...... 1 -
� ;._ `_
. i PART I. EMPLAYEE GENERATION......................... . ..... 2 �;',.
�^'::
iCity ...................... ....... ...... ..... 2
rcounty ••. .. ... .......................... .... 4 ��:
�:..:�i
' PART ZI. HOUSING CRITERIA........................... . ..... 6 �
- , l-`
� , A. occupancy Standards...... .......... .......... 6 .
B. Square Foot Ranges.. ...... ._. .......... 6
' ` C. Square Foot Sales Price - Sale Units. .. ...... 7
xy'
D. Square Foot Rental Price - Rental Units...... 9
.,,�5 . E. Requirements for pormitory/Lodge........ ..... 10 ~
F. Payment-In�Lieu........................ ...... 11 ,
x :,i� G. Affordable Resident Lots................ . .... 13
'�'jSr�A H. PMH Lots........ ............ ... ...... ... ..... I4
'?::_�� S. Low Impact Subdivisi.ons ... ............... 14
�;;; J. Deed Restricting Existing Units.............. 14
,_1-,:
;,�;�. K. Special Review .. .......... .............. .... 15
L. Accessory Dwelling Unit ...... ............... 15
`-+�?y: M. Caretaker Dwelling Unit ....... .............. 16
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�:,�, PART III. RENTAL/SALE REQUIREMENTS FOR RESIDENTS........... 17 �
x-.,
Y�;�i;� A. Profile Requirements......... ................ 17
;,�- H. Income Range... . ............ .. ........... .... 17
:���,'`,�'� C. Asset Limit.... ..•-.•........ . . .............. 18
,;.''??? D. Verification..... . .................. ....... 18
;:�.�.;;� E. Priority For Rental of Affordable Resident ::s�
:}r.;.�'� Units ... .................. ........ 19
'�� F. Priority for Sa1e of Affordable Resident
`� Units, Single-Family Homes, Lots ....... 19
��:r�f G. Txansfer Fee .... ............................ 22
� GEASSARY..... .. .... ...... . . .... .........•-... ............... 23 r
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' PART I
RESIDENT GENERATION •
This section '.��`��.
provides @evelopers with criteria to calculate
resident generation and is not intended to sugersede the City or ���'
County Land Use Codes or the Uniform Building Code. �
� � � . . . � , _ �...r. -
TABLE I �
CITY CALCULATIONS OF EMPLOYEE GENERATION UNITS `--'
Zoning Cateqory/Land IIse Fu12-Time Equivalent 8mployees,
Category Generated .
� Commercial Core (CC) . and 3.5 to 5.25 employees/1000 s.f. �
Commercial (C-1} (net leasable) based on review �
' of the City Council's Housing ;;:�
, � designee � �''�'`•.
Y:
Neighborhaod Commercial (NC} and 2.3 employees/1000 s.E. (net
- Service/COmmercial/Industrial leasable)
�S/C/I/)
� Office (0) 3.0 employees/100o s.f. (net
leasable)
�;� Co:nmercial Lodge (CL} and Other 3.5 employees/100o s.f. (net � �
� leasable} `
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� Tourist Accommodation/Lodge 0.2 to 2.0 employees/room, based
on review o£ the City Council's
'1 Housing designee
{ � NOTES AND CONDITIOKS:
� a. The above Employee Generation calculation figures are intended '. �
to be consistent with Section 8-109, AffordabZe Housing, of ' 'i
`� the City Code.
b. Employee generation for commercial uses shall be based on net tY'`
leasabZe square footaqe and shall be verified by review of the
i Housing Authority. � � ' . � .
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� c. For purposes��of calculating,employee generation, a full-time �
!�� emplayee equivalent (FTE) is a person who is paid anntially on : - �
- a basis of 2080 hours per year (173.33 hrs./month::x's .12" '
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�, months) . _ s °_,�
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+ d. Affordable housing may be provided on the same site or on an � " �ah_�
! alternate site as the proposed development, provided that �� �
! credit shall onl be ��,��'='
. y given for dwelling units located within
� � the City of Aspen or the Aspen Metro Area, as this area is �, ��,� ��;
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' CflUNTY HOUSING AUTH�RITY �� `
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. TAHLE OF CONTENTS :
� PAGE •
i
� INTRODUCTION............. ........ ............ .......... ..... I a��:
� •- s.i,-.;:
� ....................... ...... . .. :r;.._�.
PART I. EMPLdYEE GENERATION.. 2 y;a';�;;:�_:
� ' F:'��::;".;':
�lty ..... .................... ............... Z f�`'s�%'�`:..
iCaunty ... ...... . . . ...................... .... 4 �..,:�>
' ';� ,
PART II. HOUSING CRITERIA................................. 6
A. Occupancy Standards.... ................ ..... 6
S. Square Foot Ranqes.. . .... . .. .......... 6
,; C. SquaYe Foot Sales Price - Sale Units... ...... 7 5}
x D. Square Foot Rental Price - Rental Units...... 9 '
` . E. Requirements for pormitory/Lodge............. 10 ` ' '
1�,,.
,> F. Payment-In-Lieu........ ......•............... 11 f,,-:,.
G. AffoYdable Resident Lots........ ............. 13
��y H. PMH Lots.... .. .. ........... ...... .. . 14
I. Low Impact Subdivisions ... ............... 14
_ J. Deed Restricting Existing Units.............. 14 t
K. Special Review ........ ................ ..... 15 �
'I L. Accessory Dwelling Unit�. .................... 15 -
'�? M. Caretaker Dwelling Unit ........... . ......... 16 �'
,...
.a, - -
'i� PART III. RENTAL/SALE REQUIREMENTS FOR RESIDENTS........... 17
w A. Profile Requirements.... ..................... ].7
,1� B. Income Range.. .. ......... .................... i, '�
C. Asset Limit. 18
D. Verification. 18 �
E. Priority For Rental of Affordable Resident
Units ... . .......... ..... .. ..... 19
F. Priority for Sale of Affordable Resident
`,j Units, Single-Family Homes, Lots ....... 19 • ;°.
G. Transfer Fee ................................ 22
GLQSSARY............. .... ... ................................ 23
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, LIST OF TABLES .
; Table I - City Employee Generation Units ...... ..... 2
� TabZe II - Count Em lo ee Generation Units
Y P Y 4
xTable IIZ - Occupancy Standards.... ........ ..... ..... 6 r•".
� Table TV - Net Livable Square Poot�Ranges....... . .... 7 �;,;;�-
� Table V - Maximum Sales Price Per Square Foot far
i Newly I2estricted and Newly Constructed
Affordable Housing Units........ ... ..... 8
•Table VI - Rental Price Per Sq. Foot................. 9 ��
'Tabi.e VII - Payment-in-lieu Schedule.................. 12 �
-Tab1e�VIII - Income Maximums.........................: 17 '•
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.,� - : „ - �.i. a �,.��•- � f,*,r ,
. _. yc.;,.
f�';'
i . .
PART I
RESIDENT GENERATZON -
This section provides developers with criteria to calculate
resident generation and is not intended to supersede the City or
County Land Use Codes or the Uniform Building Code. F,,:
! TABLE I � ..
CITY CALCIILATIONS OF EMPLOYEE GElIERATION iTNITS �
'' r ;.
>i Zoning Category/Land IIse Full-Time Equivalent Employees
.�� Category Generated • �
i Commercial Core (CC) . and 3.5 to 5.25 employees/1000 s.f. �
�� Commercial (C-1) (net leasable}, based on review
of the City Council's Housing
° desi ee
-_�':;. �
'�:<_;N:
i:.
'�- ,:;%' T7eighborhood Cotamercial (NC) and 2.3 employees/1000 s.f. (net �,_'.
`"r�� Service/Commercial/Industrial leasable)
`i;,;;`-'� �S/�/I/)
��'-"?-� Office (0) 3.0 employees/1000 s.f. (net
, leasable)
���`-'� Commercial Lodge (CL) and Other 3.5 �mployees/1000 s.f. (net
;�„;u' leasable}
=h'` Touris� Accommodation/Lodge 0.2 to 2.0 employees/room, based
�,��j on review of the City Council's
-�•;�
;�°•�x� Housing designee
,_�::
,^',�
�-� � NOTES AND CONDITIONS:
. ,%���'I ..
y� a. The above Employee Generation calculation figures are intended '
�`;-'t�;-� to be consistent with Section 8-109, Affordable Housing, of '
°;'�•z'� the City Code.
�_,,,a
,'"���'� b. Employee generation for commercial uses shall be based on net
'�`'�; leasable square footage and shall be verified by review of the
`=`' Housing Au*_hority. � � " '
'�:� • • �
� c. For purposes��of calculating_employee generation, a full-time
employee equivalent (FTE) is a person who is paid annually on �
:� _ a basis of 2080 hours per year (173.33 hrs./month x's ,.12 �
months). .� , ;
�
''I d. Affordable housing may be provided on the same site or on an �{ ��>
i alternate site as the proposed development, provided that [ �Y�,
'I credit shall only be given for dwelling units located within ! ,�<,
' � the City o� Aspen or the Aspen Metro Area, as this area is ��r��
I ��C:
��:I Z . ' _ `.
_ .J -.:. ' . ' . �.�
f��) . . • .. . ...
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. ,...:... ..� . , _..,._ . _
y ti. �xY r ___ _��� . ..., . ... �'°�'
�"S f�`7C/-"� `^ ` � _.
�y
�,�t„-':�w3s.:. . .
`3'%f��.'t:�` � � ..
`,�.•;,� ,. . . � � .
'�:e`:;4::,�:i4.x:- . ' _ . _
' .`,^$.5%.:'t,K?- � ' ' . .. ,
.:x+:Y:��:;;;�s.:.
��_ .
�
i t ;
C.ri�*,{��,a,- �" . �
W�
:in�y.,7'.��r�.. � �
� na`'�'...?�"
, '•i��'k^����1�':i�
"Vwhh i��^77"��c`�4 . � - ,
����"� . !
F ''�S
'h Ki�E=@� � � .
� �'rE?:i:,;� � ' . � �
µ;.'
�C� — . ' .. ' ...�.,�....--.._ . � . Y..., i. . . .F.. . " . � . ` ..� � 1��i
. `�� ' , ��t,;
� p rry'�;'.�;+ 1��i [ _ T �tNyT.��� f• �_�yr aik ".;
- ....,.+..ft�a�'sfY"a'�ua:T.��,�7M°Ki��Y�'L_'7�J.��..�t�tem:' ,.+�i�' �4�F,..�" .:�'18L�:F5' a � ��r.!
".� , .__ .... . . .. . _ _.. _ Ks�sY'.
!:'.
, currently defined by the Aspen/Pitkin County Growth Management
Policy Plan. Applicants proposing to provide resident housing
?; on an alternative sxte shall be required to demonstrate its '
� feasibility through demonstrating that they have an interest .
; in the property or dwelling units, and by speci£ying the size
and type of units to be provided and any physical upgrades to '� �-
be accomplished. . G:z; �
- �":
e. The Aspen City Code Growth Management Section 8-1o6G(4) (d)
j refers to the Provision of Affordable Housing. This section �
; f allows for the advice of the City Council's housing designee x:..� ;
i to be used in the determination of the number of employees the � `
proposed development is expected to generate. The standards
- , for employee generation representing the various levels of
service which reflect the types of lodge operations in
existence or proposed for the C?ty of Aspen. Thi.s section
;;=`;;� allows that the applicant be given the.opportunity to present
�%w�� ta the housing designee information demonstrating r.hat aa
=E<� alternative standard should be employed. The alternative
- standard may be ennloyed upon the recommendation of the ,
�`"� ��'s� designee.
'`�,'.;;,:
;s;v--, f. Should a proposed development cause the displacement of
•',,;,. housing units which are currently deed restricted to resident
v�: housing guidelines, then the applicant shall only receive -
��,; -
' •� credit for housing for the net number of employees to be
"�A:y housed by the proposed development, reflecting the number to
�^:�=� be housed in the new units minus those housed in the exi�ting `
!`'�iq,•, units, rather than for housing the gross number of employees
;w�:`;
housed in the new units.
:-'��� g. mY,e deed restrictions created to obtain credit for deed
,;��`� restricted housing may be amended by agreement between the
::,.,
-- property owner and the City Council upon the review of the :�
!�r.�� Housing Autharity.
U'.�_
`„t�
;;<�
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' t
T�i_
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+�.�t�`>`�+V Szj ___-�^'1��
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r _ . ._ , _.
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����_ . . . . .
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�� �
ye';rs �
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.
•,l,��r�� .. . . ..�....... - 4 5....( .. . �1 .�Y"c `� �y4�� �s1{:.y
�� � r .� F� .i�+,� i�,
' r�?'� �����r i #s ,l, .',,�' �'i,:.
� � R {�-.� '�' Y �,Y�d�,
. ;�'Mi�ar��b��,.. �����L�i4ii�:�lt��F�����ta°uJe,..._�'� _. `�1��_ . . :y.�.-,�;ir� '�`�. . - r����,..
-'i ,
i ,
�; TABLE II
COIIPITY CALCULATIOHS OF EMPLaYEE GElIERATIQN IIDiITS
The �ollowing formula is used for calculation of number of full-
time equivalent employees generated by a project. �".>. _
Square Fcotage of euildiag x fu11-time equivalent employees
� - per i000 s.f. :. ` -
e'�';
i The following Table sets forth the Full-Time Equivalent Employee f.,;� ;;
? i � Generation figure to be used. .
'�'� Land IIse"Cateqory Full-Time Equivalent Employee
� Generation
''� • -
'' Residential Per County Code �
r:
e-� Tourist Accommodation/ 0.2 - 0.4 employees per room `j` �
,�`�i� Lodge �
'�'-'� Commercial
"'��`' ProfessionaljOffice 3.9 employees/1000 s.£. _
-,�
• ,,.� Retail/Wholesale/Services -_ 3.5 employees/1000 s.f.
�'�'�� Warehouse 0.4 employees/1000 s.f.
Manufacture 1.5 - 4.0 employees/1000 s.f. �
4''tj 1
i
�:�
,�..)
•%�-:.; Restaurant/Bar 5.0 - 10.o emgloyees/1000 s.f.
�4?,{ LTtilities/Quasi Govern- 1.5 - 2.5 employees/1000 s.f.
mental
Based on review of Housing
= Other Authority =
:'f - 3
:'= . +
�:�i CONDITIONS 0 s'
, f
a. Employee generation for commercial uses shall be based on net .0
leasable square footage and shall be verified by review of the
:� Aousing Authority . '- �, _ ;
� � ,-„ ,:
b. For purposes of calculating employee generation,'�'a full-time �; , ;
employee equivalent (FTE) is a persan who is paid annually on �.- '- :
a basis of 2080 hours per year (173.33 hrs./month x's 12 =' ��:.
months). , . _ .^�`',.
c. Should a proposed development cause the displacement o£ ��1�
housing units which are cunently deed restricted to resident ' =� �
-;� ��:
,1 . ' 4 � �:'
`� - f-.
�
``:j -
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..._: ,... .- ._..::_: __ _......., .
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� 4 _
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. ..:,J.��i�1:E_� .
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:,:�{��, ' . _ . _
r����37^� � ,
r�-
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:_�w:s r
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:ck�1:-,
ih�,t:���; � .
.� � t;
..f ,��� . � �_ ' .
A �.
"33 i..'°y'
,... �
:� ` " ...�_ - `4 ,
�: ,� r�: � r�
�j/.�, �j,,
�'' t..' � � G ... ."AS. '.'il't'T� �}� � � �( l
•�\t� ...:� �1. ( ��{�y yti� �.;��
�+, � • 1 � � •��• �F ''�i:�t 'hr" � 4T-��;.' 'y �'�` �p�j'���j.�y�t1,I,{71�`a�i,
'T�P i� . �`..3..}: , ,aS`.t. ... .. l�i�..:��._• �4� ,� .. , ��+�{y��/�`.
li
, � • �
5 � . •. . ,
� housing guidelines, then the applicant shall only receive
� credit for housing for the net number of employees to be
6 housed by the proposed development, reflecting the number to .
f be housed in the new units minus those housed in the existing »•.,_
3 units, rather than for housing the gross number of employees . �, ;'
, .�
• housed in the new units. - �:;i-:.:.
_ c �. ,... .. . -:
d _, The ,deed �restrictions created to obtain credit for deed
" -'�restricted housing �may be amended by agreement between the _ t'"'
property owner and the Board of County Commissione=s upon the �
' _ review�of the xousing Authority. _ °r'•
�
,_..� �
S,.
3kcri . . . . . . .
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rqt fi-3,`3 �T", . . . . � . � . . . � ,
���� . . � � ... . .. � . . . , � . ��
�,��1 .. . � �
���;��g; -
��� •�� � ' .
� .
. t�
� '� _ �
y�w
�� - -- . .,..� .._. ., �� ., - .
Y ";t � '�/ .r� !- , � '� { ..1 "� �: :'•�,�:k,�*�����
. i � i°�� ti ��� �")C f`�• F ��t ���M 4 � �c�e,: k L "" a�A ��^,y�� `, �r �r= k�,�'a".
, i _�... .� . a [�' q
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` . .. � ,
I
. � •
PART II
HOUSING CRITERIA '
Developers shall use these criteria for occupancy standards, square �`�
foot ranges, square foot prices for sale or rental units, `_ '
requirements for dormitories, payment-in-lieu, resident lots, and �
deed restricting existing units. '�'''�.
A. OCCIIPANCY STANDARDS
�` -
' Table I sets forth the standard for the number of bedrooms to
=�'';:; accommodate a family of a given size. These standards shall i'� '
� be used when calculating resident unit requirements in the �
' construction of sale or rental units.
t,.`;
Yy' TASLE III �: i
'1:� . OCCIIPANCY STANDARD
T, _ April 1989 to April 1990
_ ��. .
III�IT TYPE OCCUPANCY
r.,.4-
���4; DORMITORY/LODGE 1.00 employee
V" STUDIO 1.25 employees
. '�!��y. ONE BEDROOM 1.75 employees
"�":�Y- TWO $EDROOMS - - - 2.25 employees -. ;
?�'�;�1 THREE OR MORE BEDROOMS 3.00 employees ;
H. SQIIARE FOOT A�INGES � � �
�, i
,�;„� Table III sets forth the allowable net livable sguare foot
ranges to be used i.n the calculation of rent and sale prices ;
3 � of employee units. Net livable square footage is defined in : :;�.
`�>"� the Glossary. Developers may choose to construct larger units, j
�:+,;a .
�� however, allowable rent and sale prices shall be calculated �
�� according to the follohing:
1 ti.'k
.z.;;
';';�:�_ . . . . ' . . '
- fi
t=,;: , r
��t: . :
n
.°. � i�`,n }' -. ,.'.._ _.. . :. .
-r�u u, _ . . . . . . . . _ i:,
- � . . .. . � � !�.
.,' ,=� . . . . .. _ .- .
.a• . � . . � - . . . q-
�-_� . . . �j��:.
�I - � .�#''''�»."
r.�q � . . . � a°.�
f� �
.4•� ,Y'�,.
"� �
� 6 ' r,
�,r�� .. � � . .. ..
{� .F
:�` �
..r�� -
;a�c
��"' .v.�.�:.-: ..� ..�::;:.�_. „�. . "'_.��....�„ .
�,. ' �..,:.:..��-...._�:.:�..., ,.._,::: - . ,... �.
� M�b�,� .. . ...:;<:: - . � ... . .,.
„e.�... t .:�_'�: i . -.
_ ,...�,1:,�.. . .,
o . ., . _ , ..�,,... . _... �
� 4S�J��t- . .- . . ., �
-i:Z F
�� -;'�'.�t. . , .
�� �41' . . . ' . . .. .
��. ..
�1.
y�. ... . . . .
� 1�..�.T"�Y . . . . - � . .
{J �l (
y i�'q�ry..: . . . I �. - ..
i��+�.�.i.� r � � .. . • . . .� . ' . , � _ . �'...\ .
r���j���=i d:�t' .... � i
?Xm„���? '
. �'{r;"4YTi},�.:� '
f' �S
�.i,. 4,. � � ,
.�n� ` � '
r.�.R'Y>_i � ' .
.2;
i.. �.��.. . . .. .e.-�.....,.._ . ''... ... . . . . . . ..`�l ,�r��.�i�:
�� � �! �Z��PR;'�: ,.�'G� �ay;:�9� . � r �!�}. '"���t4�����t }y� •+�'t`` 1�y / ��i�r�t l..
, '.M..'`?t �'t�. .W.--F"_ . . '���?!����,��5 3r � ._..�� . �. - - , . ''�(�t�ti.��`..
� {�t � M'`l� � 1
. TABLE IV .
` NET LIVABLE SQIIARE FOOT RANGE
; April 1989 to April 1990 • �.-"
� fi:`
� Uait Type LOW MODERATE MIDDLE n,..
�:`'-';
� .�Dorm/lodge 125-300 - -
Studio 300-500 400-500 600-700 ���:
1 Bedroom 500-600 600-700 700-890
2 Bedroom 650-850 700-1,000 900-1,100 �'
A � ,
, , 3 Bedroom 850-1,000 1,000-1,100 1,100-1,300
- Single-Family 900-1,200 1,200-1,400 1,300-1,500
Detached �' :
'XM.�
;;�s; ' CONDITIONS:
�'s'�'
1. This cal.culation will be required upon all applications �.`•.:
'`� •,'`��r;: and must be verified. The "net livable square footage°
::^�:r�
• is defined in the Glossary.
�:;;'-" 2. Upon demonstration by an applicant that it can and will
.�:.
�;�;t provide residen� housing to the extent to which the ; ^
� •- demand for low and moderately priced housing would be i
��;�, � increased by the aroposed development, the minimum squaxe �
t:i�,: �foot stipulation may be waived with approval after � .
t��;�`: special review of the Housing Authority. !.
x.
;-,''' 3. Should an applicant propose a unit which is larger than �
�'_`'t� provided for by the guideline, then its rental or sales 4
��?'�:` price shall n�t be areater than that allowable had the j
�,..;� �
housing unit complied with the applicable size � .=:
�-,- 2imitations. i '�
'ak;�`-' i _
-'+�f:-� C. SQIIARE F�OT SALES PRICE - SALE LiNITS �
��� �
,,�t^ ;
;��; Allowable sales price per sauare foot for the sale units is 3
�g;, • described in Table III. a
� ;
y
':F-:
�'`�'�'°.-�r�"s7'i� . ����.��.
.°t��`���� 1 . - i?..'_.
�
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_ ' . . • . ��.{j'�}
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. - 7 • .
a�
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-w}., ' . . - " ._
is
:
� .. . ... . .. . . _ • .
.
�; I
3
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.-_._.-..��—._ _,:_�:�..w .,.
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r�r- '-
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=' y��.,
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,R:f�l . . _ � ' �. �.. I)a 4 .Sr'�Ss{7y.°" �h� :�'y1�t�t�� ii;.
� �'�'�`` � �p, �", �( tih�y,''.,�- ` 1,�,����,r� ,,
, ,� N�'. ','.l. �nof'� ;�1� � '-�.Y- . . �:. ar���ir��' �(4c�i.� �K�.�-r t:' i .aN"ry �'
� �p u r ;/L�N��1� t, �q � . n � .c �'� a,yi' a Y �.�.
,�j o. '{ ti��=3� ��� �+t i ,jt ��,��" e .r-�, � f�,..
wa�����ie�?�� . � r SFS . . k_ '��N���y°S.^.sa.:;-!� �"c?'''i�.� .. . . .. .. c,a ��:' �'�:"-'
�... ; .
' TABLE V
MAXIMIIM SALES PRICE PER SQUARE FOOT
FOR NEWLY RESTRICTED AND NEWLY CONSTROCTED •
AFFORDASLE RESIDENT IINIT5* AND PRICE/LOT
April 1989 to April 1990 �::
PRICEfS.F. • ��-
- Iacluding Lo�
TYPE if applicable PRICE/LOT t��
� ;�
Low $ �o.00 $ is,000 s;:,
Moderate $ 97.00 $ 20,000
Middle $124.00 $ 25,000
_:;;�,:� f
- ';,�;� * All resident housing units constructed and operated
�� �� as 100� resident housing, including seasonal
, ��at housing, without any associated free market or
,�,.,.::.:
,•.��,� commercial development, may be exempt from the
:"�:1� resident price guidelines, if approved by the Aspen
':_;;�� City Council or the Board of County Commissioners
of Pitkin County, and shall be cantrolled by
'��'.�'��=� separate agreement with the Housing Authority.
:=::.:r:[: -
• '`'�`.Y� CONDITIONS:
-?���.�
'�$`x`���~ 1. Middle income sale units will not be considered for GMP
_ points..
f�r'��%'' 2. S are foot
�,. �`, qu price is calculated on net livable square
;,,_.,� footage, as defined in the glossary. This calculation _
�" ' will be required on a12 applications and must be verified
^':±',,�� by the Housing AuLhority.
'>`�°'=t .
��'�*;`"; 3. Sale prices will be rounded to nearest $100. The average
':;��;'s� income in each category for each size unit will be used
'-:'�;:y to determine affordability.
..�-'
:J* � 4. Sale units will be offered through the Housing Authority
to all qualified persons under procedures establ.ished by
the Housing Authority of the City of Aspen and Pitkin
` � County. � E
5. In the event resident units associated with a iodge, '
- ' agricultural operation, commercial, or residential j ~
', � develogment are emgloyer owned, persons employed directly �; t.;
by the owners shall be given first priority to purchase. � ��;_�
- �In the event there are no persons directly employed by .x�;
the owner who qualify or are available, the unit shall ` ff:`:
: ;t then be offered to other qualified residents according � �`
to limitations contained in these guidelines. Commercial ��+. �'`
J or lodge developments shall not be restricted to housing -
:{, �,.
�n� . _ . 8 . . ��1
�,.>,
` ..� �
���
F+y-.�� �.�_�.._. .�. �.♦:..�i ' . .. . .. ...,. ._ . _
F ,::....:.� :.��...:.. ...:._._-. _, ,. .�..
, ..,,,�_�. . ,� . �..
y _ _ ,.,
C��� t.Lh4 �� ... .. . • . . ... ..
• d'�.�=fr1.-: . � .. . •
:._'t�;��:
:'�{
r{!,r t
»� '
�: y,,� , .
�N;k�'i^!i � � . � . � .
.:4v`.;�.,�. � . .
�.;�i�a t:� .. '
�Ak �' F'
� .
3 IE k,
�� 0.
���f + � �
- --
=A�';
. �a .. - .. . . .- .., ._...- __ . ... . . � . . ' � �� ,.
„rk'rw' ..-.. .. ..�,� �y.�.t�`��1� s t .�, ...�,F�'"� r:..° �`t��''�'1���'t.
�I Y � �`f' u6"+y�' �1�F[�'{.��'}�,�j��y 'y ������c� x �`�° �`� Fh� s.�' �Y,<
. �_....x�Yi���' '_.�s��&��i'1��'i'��1�:'4`�.KtC;l�tn��.�'eu.t.�,�e�l� .r� ..+,..._ _ ' .f. t�.Li,.y:.. ;�,��.�.-::�:'�
� . - . i..;
employees of their own business, but shall also be
permitted to house qualified residents of the community ,
; at larqe. It is anticipated that proposed resident units
will be required to be restricted to the low income price �
! and occupancy guidelines. However, at the time the +�
j applicant requests growth management exemption pursuant
�::..
I . _ to the appropriate City or County Code, the Housing �,:--
Authority shall review and consider the current community
; - ", need for housing, evaluate the affordability of the �:'
; . proposed units � to residents, and establish the ;; , ;'
� . appropriate price and occupancy category to which the
;,,,,� units should be restric�ed. :y`
6. All units must be in a marketable condition, fully
.-r,� constructed, inspected and approved by the Iiousing
Authority.
-�%=�I D. SQUARE FOOT RENTAL PRICE - RENTAL IINITS �":`
['.,.
� :�;�;� ' The allowable monthly rentaL price per net livable squara foot
�`^,;;,•. is described in the following table:
-,,_._j
.-,f ' TABLE VI ;
v^,^�:�� REI3TAL PRICE PER SQIIARE FOOT i _
` ' April 1989 to April 1990 �
,�;�.�3 . i
`«=. TYPE PRICE/S.F. . E
;£-u�
`=':� IAW $ .63 �
,=�"' MODERATE $ .89 �
.�-4 , MIDDLE $1.23 �
�;�•;Y.
r
''=' Allowable increase on existing units: 4.7� i .
L:;S`
CONDITIONS• 'Z
`.:«' ' i
�:}::�
��+ 1. Square foot allowance is calculated on net livable square �
':Yj� i
,� footage, as defined in the Glossary. �
;±=s.;; 1
-;`.�;j , 2. Rental rates shall not be increased for furnished units. . �
�;:'� 3. Middle income rental units will not be considered for GMP
.� points.
'� ��'� .�, - �,, ` ' - -z :
,� _ 4.' Rental rates shall include utilities metered in common, ' ti :
- • condominitua dues, management costs and taxes. '-�;:-°
. . - . . -. . . :�r 4
:i 5. Occupants af deed restricted rental units must obtain _ -;`��;a
� verification and qualification prior to occupancy from :��.-:
, the Housing Authority. Occupant must provide ^� .:
��:-
; owner/landlord. with proof of verification and ��.s,� :-
; _ ,
_ �..,.
_ 9 . - _ .4-.
i' _ _ ..
�� . . _
.�r� --__ _,_.._. ,.__. ----- _...__� ----�
fn�...-q,: ., . . . .. . ...,� .. -._....�...v-__ _.__.�__._ _ - . .
. 4.a . . ' . . ^ ,____
-i.�,'��+�,�,• . - . � ..- � - . . - -..
..*�t5��,�. . "'_. , ` '
`.�.'r:y�Jtfi-f� � . . , . ..
.i=fi,.�t;i::� � . . � , - , �
. r �S'
N: �'`.',_� t
�y�{ •::. � � . ' . •
L�+� .
..:�.��� _ .. . • . • . .
_.,� �k..u�.�
'`�:i::s�'��.tii � .. . �
������
co�,t*v1.�.� , . .
��..�4
V^e" �.
�� ` 1� r
Y'�,L��i'a:
�r�t . .. . .- ' . .-, . _, �...._ ._. �. ... . . N' �5 .:K � �°.'I�'�S �".-� � ..nv:y a 1 % ��:;,
-� �� �` 4�,���.t,�t�„y�� ��yr�{t��
{� f �i � ,
,,. .:. � ���;.� � ' �,q�,� jy�"� ha�,7��a�'
. � i 7�.'���`AB�.h�9Fl3+�ri��'4��:i���3�.�T 4i:i�1�i':u. .,ri„7011 t t {'. . . .��SC:f.a4l.d�'L� 'w �'�r.4r��y355,:
. i • � . ,.
• , . i. .
I
� qualification by the Housing Authority prior to
occupancy.
6. In the event resident units associated with a lodge,
commercial, agricultural operation, or residential �
development are employer owned, persons employed directly -
- by the owners shall be given first priority. In the event �``�
i there are no persons directly employed by the owner who � .
� - qualify or are available, the unit shall then be offered =`
to other qualified residents according to limitations �`
contained in these guidelines. Commercial or lodge �
<� developments shall not be restricted to housing employees
� ' of their own business, but shall also be permitted tc
"° house qualified residents of the community at large. It �;
°' is anticipated that the proposed housing units will be
'' t� required to be restricted to the low income price and
' '-'� occupancy guidelines. However, at the time the appl�cant ;.
•�, � re ests rowth mana ement exem tion ursuant to the <;
'z;?t., �N 9 9 P P
appropriate City or County Code, the Housinq Authority
�� ,���% shall review and consider the current community need for
``�'�': housing, evaluate the a£fordability of the proposed units
�_�-�`.�:� to residents and establish the appropriate price and
occupancy category to which the units should be
µ�.���� restricted.
- 7. All rental units must be fully constructed, inspected and
N:.��; approved by the Housing Authority,
',_,:;.�.
;�•::-
`"�'� S. REQIIIREMENTS FOR DORMITORY/LODGE
��_� By review and acceptance of the Housing Authority an applicant
� may satisfy the resident housing requirements by the
=�` f construction of dormitory/lodge units. The dormitory/lodge
shall be consistent with the Eollowing. standards and shall
�-=-�:� meet the appropriate Housing Authority standards and the
;:;�-+ appropriate City or County Land Use Code and the Uniform
-���� Building Code.
;'i€
-;��'.i CONDITZON5:
;=�a
"'�"' Dormitory/Lodge units shall be required to meet the
y♦�s'� � • .
following minimum standards: ��
1. There shall be between 125 and 3�U average net livable
.` � square feet of living area per person, including `
sleeping, bathroom, cooking, and lonnge used in common. '
;; -, Net livable square footage shall not include interior or .
exterior hallways, parking, patias, decks, laundry rooms, :;..�;,,
?`'� mechanical areas, and storage. Dormitory/lodge rents :: a:
shall be calculated on the net livable s '�'��'
; , quare footage as -��.,.,
. described above.
:1
r_.
- l• y:
- 1 0
`j . . . .
Y �r,.
','.t�-4� .
.
1
..Ki..�.Z .._.._.i-�_.�......� ai-�..,_._- . .
. ....:�'.: ............. ..: �_ --'-_vV—�+y�- ^' ....
. . ,.:...:- ..�,�.
_-�i�y�t . � � . , . .: . � . _;:.., . , .. .
�17 .. . , .
r;:�".y_��F. � ., � �... . � _.. �
w v.y. .. . ., .
.c`}S-r c,' ... . .
;yf��s,:�:z�-4� � . . . .
,,!'_
r,h . . . .' . . .
'.Y .
:.,� �f. � . , .
.'',��F`�'"��' . .
��;/
„F F
.'�A 1�+ �� .
.tP�3 /�i:. ,
-:.a5s��'i . . � � ,
.�.: .�
��2'�t •
����. ��
:.�i��:�' �
_ _ . _.. _ _�,.�w_.Y..�. ,
_ �..
,,. ��. _ -� .�.. ___. _ � v . .
. �'� �,�j� -k N�,v�� � �. �i n�$������ry a,
,��, , 'i� a�,�����-r., �ir�''� y 1 , �` �
. . ..�_,f ..��. � ���}.�,:i� ��r k, T �'�r�� ti t�:..
'"����t , �,r t � ,,�.� � �};�r� ����l'�� � f urt x,1�i ii�yn.
.. -�.:�������._����������,���Y�'.��-.."" ',�y��Kd7Y. )' "":���5��. �'��.
i ' .
2. Rental rates shall include all utilities metered in
common, management costs and taxes.
; 3. One bathroom shared by no more than four persons, ;;_:
` containing at least one water closet, one lavatory, one ;
� bathtub with a shower, and a total area of at least 60 . �;:;:
� square feet. .
i 4. A kitchen facility containinq a sink, stove and refri �`
i , gerator and shared by no more than four persons and a ='-` '
��.,,� total area of at least 60 square feet or access to a �'
- � common kitchen.
5. Use of 2o square feet per person of enclosed storage area
� located within or adjacent to the unit.
��,�
�t�:� 6. All units shall comply with UBC standards.
i �_; �'>.
7. An existing dormitory/lodge resident unit may be approved
�"= if smaller than the 125 to 300 square feet, if it can be
.;Y.-.i:�.v .
_ demonstrated by the developer that the unit warrants
�t>r,;. special consideration, i.e. other amenities not usually "
•"���' associated with dornitory.
�`F`�ti' 8. A manager, assistant manager, or lodge owner, who is in
'=`�"` the moderate income range may occupy the unit, however,
`�p�':^` rent will be calculated based on the low income
-:>,s.: guidelines. Lodge owners must work full-time for the ';.
�j;�� lodge operation. . ;
�,z-� �
.!����'.,��. F. PAYMENT IN LIEII i
K.,;
;�_y��: An applicant for a development may satisfy the resident � `�i.,
":%i�;._ housing requiresent of City of Aspen Code Section 24-11.10(i)
?r�� or Pitkin County Land Use Code, Section 5-300, (as applicable)
��..,cil"�'
',.�.�;: through a payment-in-lieu fee as stated below:
�;;;;�= Acceptance of the payment-in-lieu option shall be at the
=A��- sole discretion of the City Council or County Commissioners
based on recommendation by the Housing Authority. The Housing
Authority will evaluate an applicant's payment-in-Zieu r
+ proposal based on the following criteria: . � .
1. Whether the Housinq Master pZan is furthered by the . �; ; ,
payment. ._
_ _ ;� `
2. Whether the applicant�s site is appropriate for resident '- .s`
housing. ��`�
s�;�.,:
a:':
3. Whether the applicant's site is well suited for the ��.
development of resident housing, taking into account the ��°`
:.�
availability of services, proximity to employment oppor- {''
y;� _ 11 , .
Y� •
x
�H
{ _...... .. ......._.�_. . . ._.__—._. . .._....
_ .. .,.�.....__•_'__... ._—__—__. . . _......�__ .._...__.._...__.
_._
. .. � _ ..-:_.._._.,..�_:. . . ,�
A�
t��r�E �_ . . � ' ..
r� � �
�� � • �+�+ ' •
�'.:,1��� . . .
,�I'�.�� . . - . . .
�Y � �, Ti' � ' i. ( .
�d.��S�tie 1 . �
���� ' .. • � • ' ..
� � ti
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'���SS'y�- ;I!' � .
',°','`�.f%:;.
;_�: w},�..
;�•.„;_.
'��G:z{ «
�
•�'�i'�=w�
'".;.�r�' .� �' .
`��..; .
_____ �..�.�..�,.
__ �.
: ,
r. -- ., �.�_ _ : �
r�� � : �., � .
. . . R ����* � �r ��� r. .- ,�{ _�� �
� � '�} � '.
f � 'Ct�f��s>�9+,�} �6 l r�: ., �.. ��,,.�3��x#���`--,��� IMc�'��„�F'r ' 4�K�''`Yk,f} :
�� �v� , dM j��r�[ Y�•. �roy}"K .. W �1 :�_,��� `Cx r►1 \�.1 i�" 1� 1'�te''.�9'MJ yl
'►:'St�`� � jtr!vZ.�'�� � Y�esr �`�W . . . i�fS i�' .
,� � . .:'�c . . . .tBF'� J'a ._.L�,,... ��`�'Yi�. .
�
tunities, and whether the site contains environmental
constraints to development.
' 4.. .•
4. Whether the method of payment proposed will result in �;:�-'
. resident housing beinq produced prior to or at the time '
the impacts of the development will be experienced by �.'^��`-`
-, the community. � -.
' S. Whether the development itself requires the provision of t :
. - resident housing on site to meet its service needs.
� 6. When the application shall be for residential development �
allotments, a minimum of twenty-five (25) percent of the
total number of bedrooms built on the site on which -
allotments are requested shall be affordable resident
+,' housing, unless, pursuant to the above standards, it `
�' shall be determined that this amount of affordable
�. -.
� resident housing cannot or should not be built on-site. �!� "'
°'''� _ For the purp�ses of this section, a studio shall be �`
- ��}�. counted as a three-quarter (3/4) bedroom.
,:;,:� 7. If the Council shall not approve the method by which the
, applicant proposes to provide affordable resident
:;rs. housing, the applicant shall be provided with direction �� -
,�,v
as to which other method or methods would be preferable.
' TABLE v==
PAYMErIT—IN—LIEII SCHEDIILE
-;�?;�, April 1989 to April 1990
.,;y,:� .
';r*„ EMPLOYEE
' IINIT TYPE PER LTNIT LOA MODERATE MIDDLE
';� �i,
a
.� • DORMITORY 1.00 $ 30,000 $ —0— $ —0—
;:;�y ST[JDIO 1.25 37,500 25,000 18,750
r:ai;'� ONE BEDROOM 1.75 52,500 35,000 26,250
,�� TWO BEDROOMS 2.25 67,500 45,000 33,750
THREE OR MORE 3.00 90,000 60,000 45,000 ;;
BEDROOMS '
� -.�:i .. � � �� .
- PAYMENT PE�t EMPIAYEE $ 30,000 $ 20,000 $ 15,000 � �
;� CONDITION3:
Y7 . s�b�..� 4. . �
r n�K Y _
" a , All payment-in-lieu fees shall be dedicated for the
subsidy of the resident housing program, including, but -� ' ;w,
not limited to, the acquisition of land and buildings, ��
4 .��;
y� subsidizing of planning, site developmen�, construction, �^.:
and financing of units, upgrading existing housing, and , � ;
�i _ other housing uses approved by the City of Aspen or
Pitkin County. ,r �;.r';
: ,�.,:
f *
� - 12 .f'
?,�,' ' -
-:1
, �
�i�n --�_. . .:::...: � '-� �.- - . .
. y. . .....-�. _.�., ..� . .�' . , . .�'�, • . __ .
{t....�ti�'g. . . ..... n . . . . . . .. .. , ... _ .
. }���i _. . • - � ..
f
_ '�Y , �
_ -�`�:y.' . . �
_ _ . ( ,
.. '��.��� � � . .
M1k^AF'
IZ YF' ' . ' . . .
��,` � � ' .. �
'�.%tiY�"�;.��.; . �
�y,iN �
��J-Yt�`',:.� _ .
.''i�Lri'�'43.��L,'�� . . . .
t��4� '
;?.qE�'�
. .i`..�.'��',' ` _ .
{a,:{_'�> . . .
.. -r�, �... . � . ... ..,_.....r___ u ... .... .. . . � .. �
� ; �: �f ,t�,����'�"� ���� s `' <,'�'�i�'4+i'
�i ,-�2`.;, ��, ,.'+ '
.,r _,�1�,'`�1���'� }b������S� �{k; * � rof„,�}.�.� �t ,3 � �'/�S°„'r / 9"K' o,�.�lt���'� � �y�;. Ns�a ka '
L'._,.� .� ��.��L"��ifF�L��C.���Y+� ..7.7...� ��J��,Jriai�<z.f.r.._ � ^��w���� f� �'�`'�F �t�11 .
-:..! ' - • . �S!�.:.�.d�r. .z
b. The payment-in-lieu fee shall not be commingled with
general oparating funds of the City of Aspen, Pitkin
_ County, or the Aspen/Pitkin County Housing Authority, and
shall be held in trust. ""
�':i_�:
� "c. Fees shall be paid prior to issuance of building permit
; and will be held in trust by the Housing Authority until �� -
': such time that the Housing Authority deems it necessary h;`
� - to expend these monies. •..,: ,�
�
-.`=.�.� d. Fees shall be paid prior to and on a proportionate basis �,"�
` to the issuance of any building permits for the free
market units and/or commercial square footage of the � �:
.� project.
u3 , e. All payment-in-lieu fees, from the time they are due and �,�, I
payable shall become a lien upon the land and
�`` �''` improvements against which they are assessed and may be
,•J��',� collected against any subsequent owner of such land
;�:;_ and/or improvements. Any claim for payment may be
;,,,�; prosecuted as an action in personam or by an action of
;�:'� enforcement of such lien or both. If said fee is not
`�r= paid to the Houszng Authority at the time specified in -
�:;k; the approval process, interest shall be charged to the
applicant at a rate of 2% per month until such fee is
paid in full plus attorney £ees. • i
i
:;:; � f. The payment-in-lieu fee shall be indexed to the payment '
•'?';, schedule adopted at time of payment. !
';,;�•"' i
:'��:>,�
g. Applicants may choose to prepay the resident housing
_- dedication fee prior to the issuance of any building �
` � permits for the project and receive a discount on the •'
;;� fee, based on the present value index included within
•-� the guidelines. Approval of the present value discount
,'y� • shall be at the option of the Housing Authority. Lodge �
-':? and commercial applicants are not offered this option.
� Residential projects under five units will be offered a
" discount for early payment calculated on two years at 10 �
,'_^.y� percent. Residential projects over five units will be . ;
offered a discount for early payment calculated�on five ;
�k yE�TS at l0 percent. � � � �
� G. AFFORDABLE RESIDENT LOTS .
�� An applicant for a development in Pitkin County may satisfy
;� the resident housing requirement by development of resident �
lots. Acceptance of the lots shall be at the discretion of !i�;-'
,� the Pitkin Countp Board of Commissioners upon recommendat_on ��`.
of the Housing Authority. �'
, ,_n ,
_� , 13 �
y�-
_ ,. �.
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; ...__. _._
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c �:,'r:i o;:
. �{:})i::^:'F%.L` . . . .. ' .'
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f:2,:':i:ii.....:�. � . .
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�';�;` . . � .
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- � � ��la �bd � � fii� � .r w �� #'F�15b�- �.!J4� �i� r � � ��_, �� �'
if���,. � ��S`���d�4��..���'ii:.���r.'.'e'"��.�z1t� '.;x��..�<�� '~���' t .__.:.���,
CONDITIONS:
1. All lots must be fully d"eveloped and ready €or
construction, i.e., improved lots with water or well,
sewer or septic, roads, telephone, electricity, and gas s �_
' (if available) , in place. ;A,
� ;; -.
2. Unimproved lots must be conveyed to the Housing Authority �`,,
within seven ;7) days from the date of recordation of the
_ . final plat fcr the project. � � �,� �
3. At the time of conveyance, an escrow account in an amount
f � sufficient to cover installation of improvements of the c;
j lots, in accordance with the Guidelines shall be �.
.� established in the name of the Housing Authority and the �.
applicant. In no event shall improvements, as noted in � -
�;; Condition No. 1 above, be completed more than one year
�i:.:.;:
- from the date of conveyance of the property to the F
i Housing Authority.
��:
�;�
_ „_Y� 4. The Subdivision Improvements Aqreement and the Protective
Covenants shall incorporate the conditions stated in No.
g_';j 1, 2, and 3, directly above this paragraph.
-'"�.! � H. PERMANENT MODERATE HOIISING LOTS (PMEi)
J9y:�
`" All PMH resident lots proposed to be operated as 100 percent
`'`''"" resident housing without any associated free market or
= commercial development, may be exempt by Contract from the
���?� housing price guidelines, if approved by the Aspen City
-:.�,:
�M`-•t; Council or the Board of County Commissioners of Pitkin County,
- - and shall be controlled by separate agreem�nt with the Housing
Authority. The city and County may accept lamd or development
rights under separate Agreement.
"'i''?�= . I. LOA IMPACT SIIBDIVISIONS
-'�;f-� All PMH lots created subject to the Low Impact Subdivision ,
,,'�Y�
;�i;-;,;i regulations, shall comply with either the low, moderate, or
middle income and occupancy guidelines, as determined by the
Housing Authority. A11 PMH lots granted approval subject to
the Low Impact Subdivision shall be restricted by conditions
, established on a case by case basis by Resolution of the Board "
of County Commissioners, and upon recommendation of the �:.,
;� : Aspen/Pitkin Housing Authority. -
c.� " ;'�
' J. DEED RESTRICTING ESISTING IIIdITS '
�.`�
An applicant may satisfy the resident housing obligation by s,ry4;;:
`� deed restricting existing unrestricted housing that complies �,:<
, with the Affordab2e Resident Housing Guidelines. Acceptance �`:
��'°! of existing units shall be at the discretion of bhe Aspen City ��-:
_ �:
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1 • . _ . _ `__d;.
- .... ' . t`::
Council or the Pitkin County Board of Commissioners upon
recommendation of the Aousing Authority.
Applicant shall provide documentation acceptable to the
Housing Authority showing ownership or other agreement ,
granting written permission from the record owner to submit
_ the proposed project to be convorted. -
CONDITIONS:
. , �.
� 1. The applicant may purchase fully constructed units and
deed restrict them to the resident housing guidelines of !G�.`,
_ the Housing Authority to assure that they can be rented
--- or sold at a price and manner to contribute to affordable
? resident housing in the City and County. i� ,
F F
�;,.=•',ii 2. Requirements for upgrade of an existing project shall be
��::s.;;Y,' as follows: a unit must be freshly painted; all
t::a s.:
�N,_ appliances must be in good working order; new carpet will
T_ �`��• be provided (unless carpet has been purchased in last (
'I'��''''��'' five ears and is in ood condition
~=:x�: Y g ) ; exterior shall be
`:•��+� painted and a general level of upgrade to yazds, windows,
f :�-� heating, plumbing and electrical shall be provided. Al1
units shall meet UBC minimum standards and sha1Z be
�;� approved by the Housing Authority and the Building
;..y.` Inspector pricr to issuance of C.O. for the project.
, `+�J�<�- ��
"''-,"� 3. Existing units currently deed restricted shall not be
'�'�'�?�r= _. eligible.
'-'''='« 4. A licant shall rovide documentation acce table to the �
�:ir�>;R�. PP P P
:=:���-' Housing Authority showing ownership or other agreement
`Nr\ 4 i.�.
:,j�•�;: granting written permission from the record owner to
• submit the proposed project to be converted.
�ju�v: .
:;::;a.
,i:w;:.,�: K. SPECIAL REPIEA COMMITTEE
�-:;:=
A Special Review Committee is composed of Housing Authority,
'��°`' City, or County Staff. The Committae shall have the au�hority
;:.��„-� ,�
�> to review special circur..�ances for consideration not
j�� •addressed in the guidelines, or extraordinary circumstances,
including, but not necessarily limited to, a needs assessment
- for aa:�unts of rooms to be used by an applicant under the
• priority system; financial and asset limitation
�,' _ considerations; verifications and qualifications which are
':� questionable; self-employment financial qualification
,.,,,� considerations, etc.
,�,I L. ACCESSORY DAELLING IINITS - The development of no more than �f,'�
`I one Accessory Dwelling Unit per each dwelling unit on a parcel �Y,::;
_ containing a detached residential unit or a duplex, which is ,`„
re ired to be deed restricted b a document a �:'"
;;:=��^; ' � y pproved by the
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i.,..v:,
' w. ' _ • . ;?�:•�
Housing Authority.
5
f M. CARETAICER DWELLING IINITS - The devel,opment of one affordable �
� resident housing unit attached to or within a single family
� home or within an agricultural outbuilding on any lot which •,�
conforms to the minimum lot area requirements within the R-
�15, R-30, AF-2, AF-1, RS-20 and RS-30 zone districts under the �f`
� -following conditions and limitations: k:�--�
....j �. . � .. {l::..., ..
f3
. 1. Newly constructed resident units shaZl riot have more than i'•;�: � r
one (1) bedroom nor exceed five hundred (500) square feet , -
-�:i;�;i of total floor area, provided that resident units in the
�°�'''� R-15 zone shall be limited to studios not to exceed three -
hundred £ifty (350) square feet.
'� * 2. The applicant shall, by deed restriction or other
°�„�.
�:,�3;, permanent commitment running with the land, guarantee
"':''�" that the employee unit shall remain a rental unit, not
� <°� be condominiumized, not be occupied by the owner or �`•,
� spouse, be limited to occupancy by not more than two (2)
�:;„!'�'. adults, and related children, who qualify as (and have
� been found by the Housing Authority to be) employees of
,-"'-.,�;' tne community under such guidelines as may be from time
���� to time established by said Authority; and leases shall
;:,Tkf� be provided with terms of not less than six consecutive "�
M„; 'months.
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. ..:I� � . � � � �!fy'�lj;.
PART III
RENTAL/SALE REQIIIREMENTS � .
i
FOR EMPLOYEES
! Rental/Sale Resident Housing Guidelines establish admission and .
j occupancy criteria for resident units. The intent is to promote jr'., �
; and maintain an inventory of affordable rental and ownership units "
� ' for Aspen/Pitkin County residents. =_
� ' A. :PROFILE REQUIREMENTS (�
.. � . `!.�",.'..-r:�
To be eligible for resident rental/sale housing, a person
-:',� must: �i •
A. Not own residential real estate, or list and sell the
;� residential real estate prior to closing on the
,.,,;a • affordable housing unit {and still meeting the asset
• limitations) and '
� r B. If he owns vacant land when he leases or purchases a �� '•
restricted affordable housing unit, as soon as the land � .
��,'�, is improved with a residence, he must relinquish his
`"°7 rental unit or list and sell his ownership interest in
v� the affordable sales housing unit; and;
:;}-g��,-, C. A person must qualify as follows: " -
.•.,�,
;,�;y; _ 1. An employee;
'*- 2. A senior resident;
=�` 3. A handicapped person; or
�,;s,� 4. A dependent of any of the above, as defined by the 3.
''?z�' IRS. j
;.7'i;, . � I .
M H. INCOME RANGE _
°sx•,� �,
;` Household income (defined as combined individual income) shall I
"= not exceed the following maximums per year: (
s,yt !
;iY;,'.
TASLE vx=x
�= INC�ME MAXIMi7M
;y�
�;.��•+1 April 1989 to April 1990 '
;
�� INCOME ' THREE OR MORE @
CATEGORY. DORMITORY STUDIO I BEDROOM 2 BEDROOMS BEDROOMS � •
'LoW �` $ 16,800 $ 20,000 $ 29,400 $ 37,700 $ 50,400
Moderate 22,000 27,750 38,500 49,500 66,000 � -
Middle 29,300 36,600 51,300 65,900 88,000 ;.,
'�:l •,:. i
NoTE: A household below an income limit wishing to purchase a unit � �`��
`��� restricted under a .higher category, may qualify �or a unit �F���
'� • restricted under a higher category. �s'��
�;
. 17 . � _.
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. :�.��;:. atii..L��i�i�ic.'Ffx'�1F��si3'Iab'r.,.t�,����� �..�''.��f71i�..n..`.. _ . ... . , t...1;L�lv."��A"
�:,
C. ASSET LIMIT .
Assets shall not exceed the following limits:
� $250,000 Middle Income
. $175,000 Moderate Income
� ' : $125,000 Low Income
I Any purchaser who has assigned, conveyed, transferred, or
otherwise disposed of property within the last two years
without fair consideration in order to meet the asset
_ limitations shall be ineligible. �
;
j;..
� D. VERIFICATION F',
+ �' Verification for rentals shall be accomplished on a yearly ��
!:.=i:r=+;�= �
�,��,le�, basis for all restricted units. The Housing Authority shall
= ; request any combination, or all, of the followinq t;
T ��r4°' documentation as Proof of sesidency and employment: �
,�`'�,-':�J
���
�`��v�l�e 1. Federal 2ncome Tax return forms. �
; �.
,�:;4��t:� a. . Applicant must provide the last two (2) years of
_ .- � Federal tax returns, an audited financial statement,
'�:,���,',�:.:-r or •acceptable documentation to the Housing
_,`��;s; Authority.
'��'�v��
b. No greater than a z0 percent difference be�ween
"��`�``�=' income reported on tax returns and current income
�rr=-`�`�� statements will be accepted without acceptable docu-
_ ��„�
�.;?`Y.:-:,la mentation of the difference,
.�;.�,��.:.:a
'_�� *-:
;��:t;;��.:+ 2. Employer verification.
F 4; .
`-,�.��> 3. Landlord verification (proof of residency, physical
- _�y address)
���� �
�:.�y<: 4. Valid Colorado driver's License (address issue. date).
� .
_ 5. Veri£ication of `Pelephone Service (date of installation,
;�._%;'.' person listed to) . '
�:
n �r, 6. Vehicle insurance and registration.
"� '��� � 8. Voter registration. _ ' � �
'.5 . . . ... .
�9. Deposits for down payment shall be verified by the holder
of such funds. 6 �.
; ��^;.
�! 10. Any documentation which the Housing Authority deems
'j necessary to make a detenmination.
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� i � a4S� Z�1>y.5' ,r,�1 L F f,g,.�,}� ,:3M1�- , � ,��'� � 1�.�� ��.. q�z�t!��1�� �7� ����j.
i. x a�
. -..!p..:.�x����.t�....._-�.x $�✓''�tt'^'�7EYC.N��i1��'wE�.�.�;.3`'�!'•_..��5".:'s�+ri.:i��'itYa..�'-.^.,.n67�►i. t'���. ,n�. � .���ipy��r'i,�
E. PRZORITY FOR RENTAL OF AFFORDAHLE RESIDENT UNITS .
Persons desiring to lease a Affordable Resident Unit, shall
receive the following priority:
f �" -
� 1. Residents. Qualified, verified residents of Pitkin ��c:;-:.
� � County. t� �
j
I2. Employers. Employers shall be the last priority. � y_,.
_.,;,
Employer must provide a copy of the lease acceptable to
,�;>_I. the Housing Authority and the lessor defininq the rules
�' � and obligations contained therein. Employers cannot
occupy the resident unit, except by Special Review.
F. PRIORITY FOR SALE OF AFFORDABLE RESIDENT LTPIITS� SINGLE-FAMILY
HOMES� AND LOTS
��� �
T ,�.3�"I The policy of the Housing Authority Board in the past has been �-.
, _��I to give residency top priority, and occupancy second priority.
-�-ry However, the Housing Authority Board has determined during
'';�:�._a
review in 1989, that in the case of single-family homes, and
�,�"�;� lots, tenure and occupancy are tied more closely together.
:`.;�� Therefore, the Board has established two separate sets of
-;;v;,' priorities, as determined below, single family homes or lots, -
_„��y� and all other units.
���r:�:,?;� .
`- Persons desiring to bid on a resident unit, single-family home
"''�=� or lot, 1'_sted for saZe receive priority according to the
��%�:=� following schedule: �
,:-L'.,L'_
Y�_�. 1 .
'}==n-;� 1. First Level Priority: Maximum bid price.
�t�;::� 2, Se�ond Level of Priority: The following shall have
� �>>t,�:=� , p:..:.erence and enjoy such in the following priority:
�? a. Persons with present ownership interest (joint or
= tenants in common) in the unit. The purchase price ,
� • for this interest must be equal or greater than all �
_��+,;� other bids of£ered and not exceeding the maximum j
allowable bid price. j+
�-S'�� . � .t
� b. Person(s) chosen by the remaining owner(s) to .
purchase the interest of another owner provided that
f� _ a bid equal to or greater than all other bids .
received but not exceedina the maximum appreciation
and all owners (after sale) will meet all current �.
;I qualifications for a household. .: 4ry
�' :
c. Spouses or children of current owners. �r:•
-;; ��.
- ' d. Tenants displaced due to conversion of a project
. _�.�, shall have first priority in the new project. -�
.n;
19
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3. ' Third Level Priority �.c,.
: . . k..'....
I a. For Lots and Single-Family Homes only*: �-
� i. Resident with 6 or more years in residency �
.. (.calculated by the Housing Authority): � ;
� ,
' (a) With a minimum occupancy of three or more. '
, (b) With a minimum occupancy of two, i '
�� ii. Residents with 2 to 6 years in residency
(calculated by the Housing Authority):
�1;•� - (a) . With a minimum occupancy of three or more.
_ (b) With a minimum occupancy of two. �`c.,
'T.' ."Z` . . .. .
�� , iii. Residents with 2 or less years in residency
_ (calculated by the Housing Authority):
,�;�; (a) With a minimum occupancy of three or more.
.:T` (b) With a minimum occupancy of two. `�
�� �
,;,,.^; v. Residents with 6 or more years in residency
�.`-b:y� (calculated by the Housing Authority) with no
minimum occupancy.
j� vi. Residents with 2 to 6 years in residency
,�� (calculated by the Housing Authority) with no
- minimum occupancy.
�4?�5 vii. Residents with 2 or less years in residency �''
;� (calculated by the Housing Authority) with no
minimum occupancy. -
� b. All other .xesident housing: i
,�� �
- i. Residents with 6 or more years in residency �
(calculated by the Housing Authority) : � '
,� (a) With minimum occupancy and living within � . '
the complex in which the unit has become
, available.
� ` Y �, F (b)� With minimum occupancy. ; ,5 ,
r z',� t ::
� ; (c) No minimum occupancy and living within the � s �
"�- - - � complex in which the unit has become
`� � > � available. x �
;i (d) No minimum occupancy. ��
r-''�'.
�� , ii. Residents with 2 to 6 years in residency . }��=
;- - (calculated by the Housinq Authority): ��
1���<:
� :,
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4
.. � ��:� plr._fl��.r�Y:����Y�.�s M��� b�.,. _ � � ��%�} _.. . L �. •y, .}��4.��..
4
(a) With minimum occupancy and living within �
the complex in which the unit has become .
; available "
j (b) With minimum occupancy. ��"�
�,";:>
} (c} No minimum occupancy and livinq within the
� complex in which the unit has become
j , ' available. �:
� (d) No minimum occupancy. l { ;
;{ ' iii. Residents with less than 2 years in residency �_�'
I (calculated by the Housing Authority} :
_ (a) With minimum occupancy and living within -
� the complex in which the unit has become
i �. available
,. ,:�p.r:
(b) With minimum occupancy. Y'.,
,,,�.y: (c) No minimum occupancy and living within the
complex in which the unit has become
?;���` available.
(d) No minimum occupancy.
u;�i
.`�� 4. By Special Review, Employers may purchase units and are --
�:x%•:< the last priority. Employers who purchase units are
• ��.�:".Y:
-;:;�,: subject to different Occupancy, Resale, Deed Restriction
�g�` "" and Covenant which can be obtained through the Housing
i;.;?�.;�
i Authority for review. � �
i
!� '-�� 5. OI'HER CONDITIONS
,,: �
'`x':r;' a. Priority for accessible units shall be given to
handicapped persons.
:��w� �
;�tj b. Persons who own free market residential dwelling '
`° �",� units in Pitkin County are eligible to purchase deed
`;�_;��;�7 restricted sales units contingent upon deed
�_ restricting the free market unit they currently awn
'��:T to the rental guidelines set forth in these s
= guidelines concurrently with the purchase of the new ;
deed restricted affordable housing unit. �
_ Persons who own deed restricted a£fordable housing
- units must sell their unit within 6 months. In the
event the unit is not under cantract within 6 . -
- months, the Housing Authority has the option to buy . `-1.:-
said unit. . - , ��'
c. Any ownership interest other than joint tenancy"or - `�,�'
tenancy-in-common must be approved by the Housing ''
Authority. "+'�
";�.•'
,i..
_ ' d. Al1 transactions regarding the conveyance of any of ,
- 21 . �±
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�'��P.WH�'KfN�rtK+M1�1�1RS:���kos}�B:Jau:w`��P � �` .��i._ �� �I��� ,��! .�� 4��,y ���`��,���y r�hiti �.
.a+ . i e +L ii',i vcf-,.ti..ic`Ll�. . ..,.. ...� aS�ian�i1T!ifr9. .�'& .�'Mt�^P�v:S`2�.:::.�
' .. . � ` . �':.
yh . .
�� the units shall be subject to the Occupancy and
� - Resale Deed Restriction, Agreement, and Covenant,
e. Co-signers may be approved for ownership projecCs "
. but shall not occupy the unit unless qualified by '`
the Housing Authority. '-r
_ . �;.
£. Units �with the highest bids of equal amounts and .�'i, .
_ - equal priority status shall be placed in a lottery �
• :. which will be held within a reasonable amount of � = ' :
� time following the deadline for bids.
g. Leave of Absence may be granted for one year subject �
to clear and convincing evidence which shows a ��
reason for leaving and a commitment to return to the
y_�'� Aspen/Pitkin area and shall be approved by the
,�� Housing Authority Board. Said evidence shall he in � 1
written form presented to the appropriate �'
` 1� Homeowner's Association and to the Housing Authority �
� � 30 days prior to leaving for review and recom-
`�:�::` mendations. The Leave of Absence shall be for one
year and may, at the discretion of the '�ousing �
�;;i;,;,= Authority Board, be extended for one year, but in
-`-� no event shall not exceed two years. The unit may -
'�-k!>:: -
,.t,�,� be rented under the Housing Authority's rental
:;,�� guidelines, during said year or years, to a
��`r;?�� qualified resident in the City of Aspen and/or
"��� Pitkin County. After veri£ication and qualification
- of tenant's, a copy of the executed lease shall be
'�nr< furnished to the Housing Authority. •
_ :;1
- h. if a unit is listed for sale and the owner must
`.�k,V;� relocate to another area, the unit may, upon
approval of the Housing Authority Board, be rented
:�1 to a quali£ied resident, approved by the Housing
� 1 Office. A letter must be sent to the Housing Office
=G'.;�J requesting permission to rent the unit until sold.
'L�� A minimum six (6� month written lease must be
_;��:; provided to the tenants with a sixty (60) day move
'-'�"�� out clause upon notification when the unit is sold.
�,";� All tenants must obtain verification from the
Housing Office and �he unit must rent as defined in � . ; ,
; the terms of the Deed Restriction and Covenants on �
-ti: ` the unit.
� �;� 6. T`Rl1NSFER FEE
::.� ,�,�. ''i�.
If the title of a unit is transferred according to the Part
IIY.E.2. of these �uidelines, the transfer fee to the Housing 4�,��:;
� Authority shall be $100.00, to be paid at closing. ,�� ..
,� ;�'�..
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� :~�,y��i����� r y ��{��,���r �����'��p'1�"S�� re�y?�,Y�, y°Y•�",.�' "'....���� �H i����.:.��;�rh,�s�k.,. .
� ..r_ �uia.�..}:�._i��� a�:�i7��'.�1_ _.t .. . . ..�. . . .
. .� !
i GLOSSARY
j • Assets - Anything owned by an individual, which has commercial or -
! exchange value. Assets consist of specific property or claims
! against others, in contract to obligations due others. Retirement `
� accounts shall not be included in the calculation of assets. F-.
Capital Improvements - any fixture erected as a permanent �t
improvement to real property or that which adds to the value of
• the property.
1, r.
Cazetaker unit - an apgroved additional dwelling unit either ,
attached or detached to provide housing for a caretaker or manager. � ;
There are no asset or income limitations and rental rates are
, ='� calculated, unless otherwise agreed to under the deed restriction �
1;a,;=.:) for the particular unit, according to the Housing Authority Guide- �
=``��� lines if the unit is rented to an employee of another project.
T rE
r,yi:�� Co-signer - a joint signer of a promissory note.
.r'�.
` =�:j Consumer Price Index (C.P.I.) - The Consumer Price Index (C.P.I.)
,1=_tr�:;*� as published by the Bureau of Labor Statistics in the U.S. _
`-::=`:� Department of Labor, for All Urban Wage Earners and Clerical
;�..:.._� Workers (CPI-W) U.S.average - all items or bo per year whichever
'`�'� is less.
� ��
"` Debt/income ratio - the ratio of the monthly debt serviceable as
"'� a percentage of gross income.
kx^�
:; 4' Dormitory - A structure or portion thereof under single management
��-":, that provides group sZeeping accommodations for guests or residents
in one (1J or more rooms for compensation. Occupancy of a
'-�<:'�� dormitory unit shall be limited to no more than eight (8) persons.
:`,�;�;;� Each unit shall provide a minimum of one hundred and fifty (150)
square feet per person of net living area, including sleeping,
J;�,_
bathroom, cooking and lounge used in common. Standards for use and
design of such facilities shall be in accordance with the Employee
�` Guidelines.
�;}<i
ii�:� Employee or Full Time Equivalent - A person who works a minimum of ;
30 hours per week 9 months per year and who may or may not live in `
� � Pitkin County. For the purposes of calculating employee generation
a Full Time Employee Equivalent (FTE) is a person who works 2080 �
- hours per year (173.33 hrs./per mon, x 12 fionths) . ' � �:
. *�RY�
�.� Equitp -that interest or value remaining in property after payment
of all liens or charges on the property or the monetary interest� `z3 :'
the owner has over and above the mortgage indebtedness. �� `.
Financial Statement - a statement detailing all personal assets, �i,�,:
;;;,;.'� , liabilities, and net worth (the difference between assets and j �
liabilities) as of a specific date. - �'
23 .
-.,',� •
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.�r.a; , �'� � �- a�n3�as�� ,yc�.� 4�, �,,,j , �
. � _ va�'��„�� ni�� C ��r �(,''�y �� j� �'3 iSrtn4 ��
.�,it�.tr�.,��L y[ria'd ��t t�S:�r!' �t� .� ��',��, � .w�a ,;.,i3{ }�� � �5�fr,�''a x a � a�,�
. . :;�fi"i3.t�:4Y9:.5�'�.�ti�llE1-.4.��rk�.�'b�i4:$�t.e_>W N.r."R^tP7F'.".�, ,u�f���;,w_ _ , '� �
S�� ..��`'_�4t5 �
Fixture - 1) a tangible thing, which previously was personal .
property, and which has been attached to or installed in land or
', a structure thereon in such a way as to become a part of the real "`�•-
ro ert 2) an non ortable li htin device built in or attached '"`'
P P Y• Y P 4 4 t;.,.;:<:.-
securely to the structure. 3) The permanent parts of a plumbing �"� :^:,
system and fixtures.
r`��:':..,:.
� Gross Income - the total income derived from a business, employment � .';�`, ,�
, � and from income-producing property, before deductions for expenses, '
depreciation, taxes, and similar allowances.
<=1
Handicapped Person - a person shall be considered handicapped
'^� within the meaning of Section 504 of the Rehabilitation Act of
1973 and C.R.S.24-34-301. �
C
"�u Household Income - Combined income of all individuals who will be �.
� occupy=ng the unit regardless of legal status. �;•'` '
..� �
Joint Tenancy - Title in real estate owned by two or more persons ;
`:i with right of survivorship, which upon the death of one, vests in
tiIthe remaining joint tenant or tenants. �. ^
;;� Interior Design Improvements - Improvements made to a �, �
employee/employer owned unit which depreciate over time. -
Improvements include, but are not necessarily limited to carpet,
!�� paint, appliances, window coverings, wall coverings, ceramic tile,
.I light fixtures, etc. � �
,
.�'� Leasehold Interest - a less than fee estate which a tenant
4 nnssesses in real property.
,
-.� Lottery - a drawing of lots which selects the winner from equal
� applicants.
a
''�I Maximum Bid Price - calculation of purchase price times the
� appreciation (as identified in the resale agreement) plus capital !
improvement costs including labor iP professionally provided and i
� for which verification of the expenditure is provided. f�,,,
Minimum occupancp. - one person (with a leasehold/ownership . +•�
interest) per bedroom. A minor child or dependent shall be granted� ' .,�„
, equal status. �
Net Linable Square Footage - is calculated on interior living area, ;�.`t';�.�,' ;
includes interior storage area, and does not include exterior
stora e or ara es either attached or detached. '':``'.
5 9 4 . _ '-=r`'* ;S:c
.�;�;;�-;
Occupancy and Resale Deed Restriction, Agreeaaent, and Covenant - ,.> �,'�:'
a contract entered into between the Housing 'AUthority and the --•r �`��"
purchaser at the time of closing identifying the conditions of , ��'�.'.;�
� occupancy and resale. r� �
� � =*� -.
�:
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..�.... ._. .. ..y , .�� .... ..c ..`_.� .�.a_ ._... . ._... 4 ' � �1�}r,�
; � •
' � Permanent Moderate Housing (PMH) - low, moderate, and middle
f housing free from speculative investment and for primary residence
� use by employees, senior residents, the handicapped, and the
disabled. •:,
IPreseat value - Future value calculation discounted at percent per `� -
I . annum discount rate identified in the guidelines. �,`°;�
i ��
! Resale Agreement - a contract entered into .between the Housing
� Authority and the purchaser at the time of closing identifying the ��
conditions of occupancy and resale. ^ ' '
� �z _
Residency - cumulative length of residency within the last 10 r�:
- years; need not be continuous or immediately prior to date of
,, ; application. .
,�';
j.�, � Seasopal Employee - a person working not less than 30 hours per � �
E� week, but not for a full year.
T' ;,�;'� Senior - a person the age of 60 years or more. � � '
'�� r
?^y.�,� Tenancy-i^_-Common - ownership of property between two or more
;.,j,� persons who have an undivided interest in the whole property; no
v:-�,�.,-�' right of survivorship, when one of the owners dies, the interest
�Y=7 passes to his or her heirs or beneficiaries and not to the -
�7';�>�.� survivinc tenants in common.
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