With housing costs remaining high, Boulder looks for ways to provide affordable homes
“The Housing Legacy Program allows Boulder homeowners to donate their homes to the city’s permanently affordable homes program, a measure sorely needed in a city where the Zillow Home Index reports that the “typical” home value in May 2022 was $1.1 million. This value is seasonally adjusted and only includes the middle price tier of homes, the index states.
As housing costs continue to soar, this program is just one of the many ways Boulder is working to bolster its affordable housing stock, which has seen considerable growth despite the coronavirus pandemic.”