Guiding Principles for Change
Golden’s Guiding Principles under its Heart & Soul Values include the value that “The diverse housing options will provide opportunity to a wide spectrum of residents.” As well as “Our community values require that we direct and manage change, assure smart growth, affordable housing, and sustainability.”
Both Planning Commission and City Council have examined the variety of information available that illustrates the growing gap between the housing that Golden households can attain and what is available in the market. This information has resulted in the development and adoption of Community Housing Policies into Golden’s Comprehensive Plan. These policies articulate community values associated with having a diversity of housing available as well as goals that could support future programs.
The adopted housing policies are designed to support the complex network of solutions that will be needed to preserve the economic diversity of our community. They are organized under the following three themes:
- Community Housing Goals
- Regulatory & Financial Support Strategies
- Housing Program & Partnership Opportunities
Currently, roughly 30% of Golden households are low income, while moderate and middle income household make up 15% each of all households. Golden also has approximately 8,500 existing homes. Under the 1% system, the most new homes that could be built in the next 10 years is less than 800 and few, if any, of those are likely to be affordable to low, moderate or middle income Golden residents. It is only by maintaining and securing the affordability of our existing housing for our low, moderate and middle income families that Golden will be able to effectively remain a welcoming, inclusive community for seniors, growing families, people with disabilities and young professionals.
The Community Housing Policies are an important step along the path to developing meaningful strategies and programs that will help ensure that Golden can continue its proud tradition of being a small town that nurtures and values its residents throughout their lives.
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