Boulder nonprofit outlines property tax incentives for affordable housing

Boulder City’s Housing Advisory Board meeting on March 26, 2025, highlighted critical discussions surrounding affordable housing and community engagement. A key takeaway from the meeting was the confirmation that Boulder Housing Cooperative properties accept Section 8 housing vouchers, ensuring accessibility for low-income residents. This decision is part of a broader commitment to provide affordable housing options for individuals earning at or below 80% of the area median income (AMI).

The board also discussed property tax incentives for nonprofit cooperative homes. It was clarified that these properties do not pay property taxes due to their status as affordable housing and an agreement with Boulder Housing Partners. This arrangement allows them to maintain lower costs for residents, further supporting the community's housing needs.

In addition to these discussions, the board reviewed its work plan for the upcoming months, inviting community members to suggest topics of interest and potential speakers for future meetings. This approach aims to foster greater public involvement and ensure that the board addresses the most pressing housing issues facing Boulder.

Looking ahead, the board is set to conduct equity training next month, facilitated by city staff, to enhance their understanding of housing equity and inclusion. This training reflects the board's commitment to improving housing access and addressing disparities within the community.

The outcomes of this meeting underscore Boulder’s ongoing efforts to enhance affordable housing options and engage the community in meaningful discussions about housing equity. As the board continues to refine its strategies, residents can expect more opportunities to participate in shaping the future of housing in Boulder.