City holds lottery for affordable housing unit | PostIndependent.com
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City holds lottery for affordable housing unit

The city of Glenwood Springs is offering an affordable housing unit for sale through a lottery in July. The three-bedroom townhome in the Overlin Park neighborhood is the second house the city will have sold under its affordable housing program, which began in 2003. The asking price is $177,646.Andrew McGregor, city director of community development, said the sale of the home “is just the beginning” of the “inclusionary zoning” program, which requires 15 percent of all residential units built in Glenwood annually to be subject to affordable housing requirements. He said that about five of the 50 or 60 housing units expected to be constructed each year over the next decade will be subject to the program. “This is one part of a much larger and complex issue,” he said. “It was never intended to be the sole solution. It’s one out of a menu of strategies to use to address the housing problem.”The townhome, located at 107 White Horse Place near Cowdin Drive and Overlin Drive north of Veltus Park, is 1,128 square feet with three bedrooms, two baths, a single-car garage, air conditioning and natural gas heating, a microwave, dishwasher, refrigerator and range. Eligible applicants will be entered into a lottery. Applicants, with some disability and retiree exceptions, must be a full-time employee for a Glenwood business with an annual income of no more than $35,400 for a one-person household or $40,450 for a two-person household. The application deadline is July 28, and the lottery will be held Aug. 28. Apply either to McGregor at Glenwood Springs City Hall or Geneva Powell, executive director of the Garfield County Housing Authority, 2128 Railroad Ave., Rifle. Application packages will be available at those addresses. For more information, contact Jill Peterson at (970) 384-6407 or Powell at (970) 625-3589. Contact Bobby Magill: 945-8515, ext. 520bmagill@postindependent.com


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