According to a report from the Broomfield Enterprise, while the city has seen a housing boom in recent years, particularly with apartment rentals, what it’s lacking is affordable housing for low income, homeless, and at-risk residents of Broomfield Colorado.
44 members of the Broomfield community met in February to discuss the issue and begun forming the new Affordable Housing Task Force, with the hope of bringing together local governments, businesses, nonprofits, and the faith community.
The typical measurement of housing affordability is if the cost of renting the home is no more than thirty percent of the family’s monthly income, the report noted. However, the average two-bedroom apartment in Broomfield Colorado rents for $1,480. This means that the family who lives in that apartment home would have to make at least $4,900 a month in order to afford to live there.
Though there are a number of options in the city to help people with their rent and other housing costs such as utilities, including federal and local programs, there aren’t enough options for transitional housing for those who are just getting back on their feet, the article noted. In spite of the addition of new housing developments in the years since the 2012 report that the city got its housing figures was published, there have not been additions of affordable or transitional units.
Currently, the process of whittling the task group down from the 44 Broomfield residents who attended the meeting to a group of seven to ten, with the option of calling in additional people with specific expertise to help the group find or create the affordable housing opportunities. It is unclear how long it will be necessary for the task force to continue meeting.
If you’re interested in living in the city of Broomfield Colorado, we can help you to find an apartment or home that you can afford in a neighborhood you’ll love. Contact us to get started today. 303.545.6000