20260813 Lakewood Housing Police Commission Meeting Video

The Lakewood Colorado Housing Police Commission held a meeting on August 13, 2026, focusing primarily on affordable housing initiatives and the establishment of an affordable housing fund. Representatives from Metro West Housing Solutions presented updates on several housing projects, including the redevelopment of existing properties and the use of general revenue bonds to finance affordable housing without relying solely on low-income housing tax credits. They discussed challenges such as utility capacity upgrades and asbestos abatement, as well as the importance of deeply affordable units for low-income residents. The commission deliberated on the draft affordable housing fund ordinance, particularly the definitions of eligible recipients and partners, and the prioritization criteria for funding. A key discussion point was securing a sustainable revenue source for the fund, with consensus on committing at least $1 million annually from existing property tax revenues, while exploring additional sources like impact fees on short-term rentals. The commission voted to refer the ordinance with agreed-upon edits to the full council for a study session, aiming for further refinement and budget discussions before final approval. Future meetings were scheduled to continue addressing the nexus study and funding mechanisms.