10-28-26 Housing Advisory Board Meeting

The City of Boulder Housing Advisory Board met on October 28, 2026. The board heard from Flatirons Habitat for Humanity about its affordable homeownership work and Boulder Mod factory. Habitat reported current construction costs of about $380,000 per unit and estimated all-in development costs of roughly $430,000; it expects to build 19 homes this year and aims for annual production of 25–30 homes, with higher output possible if operations expand. Its budget grew from $1.2 million in 2024 to $12 million this year, and the executive director said the organization may eventually reach a $20–25 million budget. Habitat described projects involving the city’s Ponderosa stabilization and redevelopment effort, a planned nearly 40-home Louisville development with Thistle Community Housing, and potential work on city-owned land. A $3 million foundation investment was also noted. No contract award, bid approval, or new city spending authorization was presented or approved.

City staff outlined the permanently affordable homeownership program, including resale price limits, buyer selection procedures, and plans for about 12–15 scattered-site acquisitions alongside new construction; Habitat’s anticipated production could bring the total to roughly 30 or more ownership homes next year, subject to the development pipeline. Members discussed comparing the public costs and outcomes of affordable ownership and rental housing, and potential future work-plan topics. The board also revised a draft letter concerning San Lazaro mobile home park, focusing on support for preserving mobile home parks as affordable housing and continued city collaboration with residents and regional partners. The transcript does not show a formal vote approving the letter. The only clearly recorded vote was to adjourn.