Nederland Below-Market-Rate Housing:
In our quest to help address the increasing lack of housing affordability across the county, the Boulder County Housing Authority (BCHA) purchased a .85-acre lot near downtown Nederland. The currently-vacant land is located next to the town’s Regional Transportation District (RTD) parking lot and is near many area services, making it ideal for the placement of 26 high-quality, permanently-below-market-rate rental homes. BCHA presented our initial proposal for this housing at two community meetings in March 2017. We updated our proposal to reflect some of the community feedback we received at that time as well as additional feedback and guidance from town staff.
A final Planned Unit Development (PUD) application has been submitted to the Town of Nederland. The Nederland Planning Commission approved the proposal by a 4-to-1 vote at their February 28, 2018 meeting, and the request now moves to the Nederland Town Board for consideration on March 20th.
The Planning Commission added some conditions to its approval, including that BCHA provide a Parking Management Plan, work with the Board of Trustees to appoint a Town/property management liaison, incorporate an elevator into the building plans, review all relevant reports with town staff prior to the BOT meeting, and include information about plans for a local preference for the homes. We are working to clarify some of the requests to ensure we are providing the information that is sought.
The proposal includes:
- 26 high-quality, permanently-below-market-rate rental homes.
- Homes would be affordable to those earning at or below 60% of Area Median Income (AMI)
- Mix of 1, 2, and 3-bedroom homes
- BCHA is committed to working with the Boulder Valley School District (BVSD) to serve district employees who are being priced out of the market. BCHA is planning to set aside up to four (4) homes for qualified district employees.
- Community Amenities include: Secured keyless entry feature, individual home storage, paved patio area with outdoor seating, play-ground/tot lot & ponds, on-site secure bicycle parking, pedestrian connection to regional transportation network, and on-site property management office.
BCHA has a long-standing relationship with the Town of Nederland and has operated as the town’s housing authority since 1976. BCHA currently owns and manages twenty-four (24) existing residential multifamily homes within the town limits and will be making investments to improve these communities in years to come to help ensure below-market-rate housing options remain in place for residents in these homes. In addition to the 24 apartments owned and managed by BCHA in Nederland, BCHA also currently has 11 Housing Choice Voucher holders who reside in Nederland – Housing Choice Vouchers are housing assistance vouchers located in the private housing market.
Boulder County has long had a strong partnership with the Nederland community across a range of supports. Find out about the need for affordable housing in Nederland and our partnerships in support of the community by reading the fact sheet.
- Are you interested in living in BCHA affordable housing in Nederland? Sign up. Please note: this is not an application, nor does it put you on a wait list for these homes. Additional steps would need to be taken once the homes are complete and ready for move-in. We will contact everyone on this list as that time approaches.
- Do you simply want to keep track of the latest information on BCHA affordable housing in Nederland (but are not interested in living in it)? Sign up