Chaffee County and municipalities agree to regional MOU to pool Prop 1–3 affordable-housing commitments

Mr. Connor presented a memorandum of understanding that would allow Chaffee County, Buena Vista, Salida, Poncha Springs and the Chaffee Housing Authority to pool their Cycle 1 Prop 1–3 commitments to the Colorado Department of Local Affairs (DOLA) to preserve regional eligibility for state funding.

Connor said the region collectively committed to 104 units under Cycle 1 and has created or preserved 127 units in the same period; Chaffee County had committed to 36 and reported creating or preserving 38 units. The MOU would allow jurisdictions with surpluses to offset deficits elsewhere in the region so the group can remain eligible for DOLA funds.

Commissioners voted to approve the draft MOU subject to minor edits so it need not return to the board for typographic changes; staff said the agreement would be routed for signature and that the municipalities may consider minor adjustments prior to signing.