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Boulder Housing Council explores co-buying events and taxation for vacant units

March 30, 2025 | Boulder, Boulder County, Colorado


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Boulder Housing Council explores co-buying events and taxation for vacant units
The Boulder Housing Advisory Board convened on March 26, 2025, to discuss pressing housing issues in the community, focusing on innovative solutions to address the growing demand for affordable housing. The meeting highlighted several key topics, including co-buying initiatives, occupancy limits, and potential strategies for utilizing empty bedrooms in larger homes.

One of the standout discussions revolved around the concept of "speed dating" for co-buying, a novel approach aimed at pairing individuals interested in purchasing homes together. This idea stems from a statistic indicating that 31% of co-buying arrangements involve individuals in relationships but not married. Board members expressed enthusiasm for exploring this concept further, noting that Boulder has not yet hosted such an event. The potential for collaboration with local real estate organizations was also mentioned, suggesting a proactive approach to facilitating homeownership among those priced out of the market.

Another significant topic was the impact of occupancy limits on housing development. Board members noted that the recent statewide removal of occupancy caps based on familial relationships has positively influenced cooperative housing development in Boulder. This change has allowed for greater flexibility in housing arrangements, benefiting not only students but also a broader demographic seeking shared living options.

The discussion also touched on the idea of imposing a tax or fee on empty bedrooms in larger homes. While acknowledging the challenges of implementing such a measure, board members recognized its potential to generate funding for the city's rental assistance program. This program has proven effective in preventing evictions and supporting low-income residents. The idea of a reliable funding source through a tax or fee was seen as a powerful tool to incentivize property owners to consider renting out vacant spaces.

In conclusion, the Boulder Housing Advisory Board's meeting underscored the community's ongoing struggle with housing affordability and the innovative strategies being considered to address these challenges. As discussions continue, the board aims to explore these ideas further, with the hope of fostering a more inclusive housing market that meets the needs of all residents.

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