Strategic Housing Plan
September Update:
City Council will discuss an updated draft of the Strategic Housing Plan during an Oct. 16 Study Session. Staff is currently working on the draft plan to provide an updated version to City Council for that meeting.
Project Background
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.
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The Strategic Housing Plan is funded by a grant from the Colorado State Department of Local Affairs (DOLA). The grant is part of House Bill 21-1271 and DOLA’s Affordable Housing Planning Grant Program.
Ask a Question
Ask your question here about the Strategic Housing Plan, and we will respond within three business days. Be sure to check the frequently asked questions to see if yours may already be included in there.
Please note, your question may be visible to the public. If you'd like to send a question privately, please use one of the email addresses in the Who's listening section in the upper right corner of this webpage.
For general questions and concerns about the city, please visit Lakewood.org/RequestLakewood, which is the city's online customer service hub available 24 hours a day.
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