Starting at 6:00 p.m. on July 20, the Salida City Council will host their regular meeting where they will discuss Ordinance 2021-11. If approved, this ordinance would impose a temporary moratorium on the submission, acceptance, processing and approval of any application for a short-term rental license and declaring an emergency, caused by the significant housing crisis. This is a final reading and does include a public hearing.
During the July 6 work session council discussed the direct impact that short-term rentals (STRs) have on the housing market and affordability. Staff reviewed Salida-specific data, illustrating the growing number and percentage of STR licenses within the city.
The ordinance refers to a memo that establishes the research that there is a significant correlation between how many short-term rental units exist in a neighborhood and a decrease in affordability and available housing stock, as well as the effect on equity issues.
Council will also vote to approve a Resolution 2021-26 which would adopt the Policy Statement for the Colorado Communities for Climate Action as well as Resolution 2021-27 which would adopt the Climate Action Plan.
Also on the agenda is a resolution that would approve an Intergovernmental Funding Agreement for the Chaffee Housing Authority. Over the past year and a half, Salida has been participating with Chaffee County and the Town of Buena Vista on formulating the creation of a multijurisdictional housing authority (MJHA) to serve the residents and workforce of Chaffee County.
Working in conjunction with the Office of Housing, the City participated in the MJHA Steering Committee that led to the review and approval of an Intergovernmental Agreement (IGA) to establish the Chaffee Housing Authority (CHA) in October of 2020 (done via Resolution 2020-35).
The CHA continues to have the ability to utilize the following powers under the Colorado Revised Statutes related to workforce and affordable housing:
Utilizing these specific capabilities, the CHA is a flexible tool to pursue land and projects across Chaffee County. The CHA also is enabled to seek sustainable funding sources, including grants, Certificates of Participation, and potentially requests to voters to approve new taxes to fund affordable housing needs. At the time the CHA was set up via the establishing IGA, it was noted that a second IGA would be necessary to identify funding responsibilities of the partners.
The total cost of the program is $185,480 annually to the partners, with proportional shares being spread amongst the three entities. Chaffee County is responsible for the initial $112,500, with the remainder of the budget to be shared by population count. Per current calculations, the City of Salida would be responsible for $31,125 of the CHA budget during the initial term of the IGA.
City Council meetings continue to allow in-person attendance, primarily for purposes of conducting public hearings. The city still requests that those wishing to testify should plan to do so via the GoToWebinar platform or by email or letter.
Anyone who is unvaccinated and who wants to provide testimony must wear a face mask and remain at least six feet away from others both inside and outside of the Council Chambers.
To watch the meeting virtually click here.