Denver, Colorado 2021-10-22 21:51:28 –
Vail, Colorado — Finding affordable homes across Colorado has become much more difficult in recent years. In the mountain community, the problem of affordable housing has become so serious that some call it a crisis.
In November, some mountain voters will also be asked if they want to raise taxes to help tackle the crisis.
Voters are facing in Avon Ballot questions About tax increases for short-term rental properties such as AirBnbs and VRBO to help fund housing projects.
Amy Phillips, a member of the Avon City Council, said:
The estimated $ 1.5 million in income from the proposed 2% short-term rental tax will go to Avon’s Community Housing Fund.
The money is used to create new life opportunities for employees to buy certificates and fund new developments all year round.
Taxes apply to rentals within 30 days, but not to hotels, motels and bed and breakfast facilities.
Proponents argue that many companies are unable to fill vacancies due to the lack of affordable housing. They believe this is a way to ensure that visitors contribute to Avon’s future.
Opponents say the town already has a high tax rate and are worried that this additional tax may discourage visitors. They also argue that these community housing projects can increase congestion in the town.
“The downside is, does this basically scare the business? Proponents say this is a problem, they need permanent funding, and they actually live in housing rather than staying immersed in other sources of funding. Does it make sense to tax a market that is helping to exacerbate the problem? “Phillips said.
Other mountain towns such as Telluride, Urey and Reedville are considering similar measures.
In Vail Voters are asked Whether they support a sales tax hike to help pay for homes.
The proposed 0.5% sales tax is estimated to bring about $ 4.3 million annually. This money will be used to fund Indeed programs and new developments in the town.
To reduce the burden on the family, the town council has decided to exempt food from the proposed sales tax.
“It creates a system that helps our visitors pay sales tax and builds homes that really support their visit to Bale,” said Jen Bruno, who sits in the town council. ..
Bruno, who is preparing to finish his term in the council, says he has been working on affordable housing for the past eight years and believes that this dedicated fund will help make a big difference to his family.
She also states that helping employees find a place to live closer to their workplace can help Vail’s environmental footprint, as it reduces commuting time.
“It never solves the crisis, but you have to start somewhere and this is the perfect place to start,” Bruno said.
Crested Butte Ballot
Crested Butte also becomes a voter in November Similar 0.5% consumption tax increase To help with the house. Food for self-consumption will also be exempt from this proposed tax to help the locals.
In addition, the town has included in the ballot a clause requiring voters to approve a $ 2,500 property tax on the second house.
Some homes have not been occupied for at least half a year in a row. If approved, the tax will begin in 2022.
Another ballot question asks voters to approve a 2.5% increase in short-term rental tax to support affordable housing.
Summit County Assumptions
Summit County is not seeking new taxes to help pay for affordable homes.Instead, the county commissioner Ask a question on the ballot Ask voters to extend their current sales tax.
“In Summit County, we are very fortunate to have voter support in the past for funding initiatives directly related to housing. Much of our workforce development in Summit County has been funded in the past. Was built using, “said Commissioner Tamara Pogue.
Smith Ranch at Silverthorn, Wintergreen at Keystone, and Alta Verde at Brickenridge are all labor housing development projects that have been used with funding from this tax.
Ballot Question 6B requires voters to allow the county to continue to collect the existing .6% sales tax in order to continue working in affordable homes.
“Without it, it wouldn’t be enough money to build, add, or store a home in Summit County,” Pogue said.
Sales tax will continue for another 20 years under the proposal. The funds are then used for consolidation and various financing methods to pay for future projects.
The county also wants access to some state and federal dollars to fund affordable workforce housing projects.
“I think everyone in Summit County almost agrees that our housing situation is dire and we need to do everything we can,” Pogue said.
According to Pogue, the commissioner considered asking voters not only to maintain taxes, but also to raise taxes to speed up some of these developments, but the county’s economy remains fragile and pandemic. I opposed it because I was trying to recover from it.
Throughout Colorado, mountain communities take different approaches to the affordable housing crisis. Ultimately, it’s up to voters to decide if these ideas are appropriate for the community.
Ballot questions aimed at mountain housing Source link Ballot questions aimed at mountain housing