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We would like to hear from you about your greatest housing challenges and needs!
Housing affordability has become a major challenge across the nation. Historically, Lakewood has been a relatively affordable housing market, but now residents are facing rising housing costs that have only been exacerbated by a tight Colorado housing market, COVID-19 pandemic, and inflation. As of 2022, the average sale price for a home in Lakewood was approximately $733,000 and the 2022 average rental price is rising to $1,891. Approximately 60 percent of all Lakewood renters and 20 percent of all Lakewood homeowners are paying more than 30% of their annual income on housing costs, which is considered unaffordable by the U.S Department of Housing and Urban Development.
Over the next six months, city staff and consultants will be gathering data and conducting outreach to identify strategies that help to preserve affordable housing and create new affordable housing options in Lakewood. The information gathered will help inform a Strategic Housing Plan to assist the city in meeting the community’s most crucial housing needs.
Stay informed by subscribing to updates by clicking the link in the right-hand column.
We would like to hear from you about your greatest housing challenges and needs!
Housing affordability has become a major challenge across the nation. Historically, Lakewood has been a relatively affordable housing market, but now residents are facing rising housing costs that have only been exacerbated by a tight Colorado housing market, COVID-19 pandemic, and inflation. As of 2022, the average sale price for a home in Lakewood was approximately $733,000 and the 2022 average rental price is rising to $1,891. Approximately 60 percent of all Lakewood renters and 20 percent of all Lakewood homeowners are paying more than 30% of their annual income on housing costs, which is considered unaffordable by the U.S Department of Housing and Urban Development.
Over the next six months, city staff and consultants will be gathering data and conducting outreach to identify strategies that help to preserve affordable housing and create new affordable housing options in Lakewood. The information gathered will help inform a Strategic Housing Plan to assist the city in meeting the community’s most crucial housing needs.
Stay informed by subscribing to updates by clicking the link in the right-hand column.
Please share with us any ideas or strategies that can help improve your housing experience or that of Lakewood residents. The information will help the project team identify strategies to create more affordable housing opportunities. Vote on existing ideas by liking or commenting on others.
Responses can include:
Expanding access to existing housing resources
Wanting to create rental opportunities in your home (Secondary unit, such as Mother-in-law suite or basement rental)
Creating more affordable homeownership opportunities
Building different housing types and options seen in other communities
Join us Tuesday, April 4 from 4 to 7 p.m. to learn more about the plan and to share your thoughts on important housing topics. The first 75 guests will receive free pizza from Infinitus Pie!
The event will be located at the Lakewood Cultural Center, Community Room at 470 S. Allison Parkway Lakewood, CO 80226
Housing Resources will be available from the following providers: