Agenda Date: 10/04/2022
Subject:
Title
Resolution 61-2022: Confirming city council's support of a Yes vote on State Proposition 123 regarding dedicated state income tax revenue for affordable housing programs.
Body
From:
James L. Becklenberg, City Manager
Prepared by:
Kathleen Osher, Community Services Director
PURPOSE:
Does council wish to execute a resolution in support of State Proposition 123 - Make Colorado Affordable?
PRESENTATIONS:
Staff Presenter(s): Kathleen Osher, Community Services Director
Additional Presenter(s): N/A
SUMMARY:
The Colorado Fair Campaign Practices Act (FCPA) allows the City Council to pass a resolution voicing their position on any ballot measure referred to the voters. On August 19, 2022, the Elections Division of the Colorado Secretary of State's Office announced that Proposed Initiative #108 ("Dedicated State Income Tax Revenue for Affordable Housing Programs") obtained the sufficient number of signatures and has qualified for inclusion on the November 8, 2022 General Election ballot.
The Council has had many conversations beginning in 2017 regarding the city's housing strategies. The action step identified in the city's comprehensive plan and 2017 Housing Needs Study is to "increase capacity for affordable preservation and development through financial resources." Council's adopted workplan includes Goal 6: Housing and Livability, Objective 2 - Housing Affordability and emphasis on the increased production of affordable for-sale and rental units.
PRIOR ACTIONS OR DISCUSSIONS:
In 2017, the city commissioned a housing study to analyze the housing needs in Littleton. The study was completed and in June 2017 the results were presented to Littleton City Council. In August 2018 recommendations from the consultant (BBC) and the Housing Study Advisory Committee were presented and adopted by City Council. Given their adoption by City Council, the Housing Study Committee Recommendations became city policy, leading to their subse...
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