Current Employee Housing Regulations
Employee Housing Regulations
View the most recent Employee Housing Regulations (PDF). The Guidelines were updated and adopted in 2020. Changes to the 2020 edition:
- The name change from the Employee Housing Guidelines to the Employee Housing Regulations.
- Removing the funding type section of the Regulations.
- Updating the 2020 Maximum Household Incomes (AMI) have been released and will go into effect as of May 1, 2020
- Adding clarifying language the Regulations
- Removing and creating a new document entitled “APCHA Affordable Housing Development Policy”.
- Addition of a Trust section that had Board consensus. (Section 2)
- The change to only allow one bid packet on file at any given time. (Section 1)
- Changing the provision of when asset verification for assets that have been assigned, conveyed, transferred, or otherwise disposed of within the previous ten years instead of two for consideration below fair market value. (Section 2)
- Rental requalification exceeding income or assets. This change gives individuals one year to come back into compliance or vacate the unit. (Section 6)
Uses for the Regulations
The Employee Housing Regulations respond to housing needs in Aspen and Pitkin County as identified by the APCHA. The guidelines are used to:
- Review land use applications
- Establish employee units - rental rates
- Establish employee units - sales prices
- Establish criteria for qualifications and occupancy
- Develop and prioritize current and long range housing programs
- Provide information and a process for developing employee housing
Updating the Regulations
APCHA shall review the workforce housing regulations, including deletions and additions, submitted to it by the executive director. The APCHA Board approves by resolution changes to the regulations with public comment through a public hearing process. The resolution will be brought forward to the City Council and the Board of County Commissioners for their review. There is an appeals process via a call-up procedure. The City Council and the Board of County Commissioners will have 60 days from the date that the information was provided to the respective entity. If a call-up is not requested within the 60 days, the policy will be incorporated into the guidelines and become effective immediately.