The lack of affordable housing has become an urgent concern for many with the rise in home prices outpacing income growth and scarcity of homes for sale. This issue is affecting residents across the income spectrum nationally, regionally, and here in Wheat Ridge. For example, there is a growing gap between the cost of living in Wheat Ridge and typical wages for professionals that are vital to a healthy, thriving community. This often means healthcare workers, firefighters, police officers and teachers cannot afford to live in or near the communities they serve.
This important issue is being addressed by the City with a new Affordable Housing Strategy and Action Plan. The plan will offer a deeper understanding of the issue and what the City can do to respond.
In October of 2021, the City received a $150,000 grant from the Colorado Department of Local Affairs to create a plan that will provide a Wheat Ridge-specific housing needs assessment, articulate priorities for supporting different types of housing, and identify which actions can be taken to best address this issue.
The project will be largely technical in nature with a comprehensive review of data, needs, gaps, and the variety of tools that can support different housing types.
Learn more about the project at our open house on Wednesday, July 6 from 4:30 - 6:30 p.m. at the Wheat Ridge Recreation Center (4005 Kipling Street). You can also learn more and participate at www.whatsupwheatridge.com/housing.