News Flash

News & Announcements

Posted on: December 2, 2019

Community to lose a significant chunk of designated affordable housing

The Aspen Times logo

As Aspen’s elected officials contemplate spending $10 million on buying deed restrictions at Centennial, there are hundreds of other affordable housing units with deed restrictions that are going to be lifted in the not-so-distant future.

There are a total of 502 units that will eventually become free-market properties and taken out of the Aspen-Pitkin County Housing Authority inventory.

The city is in the process of attempting to secure 148 of them at Centennial where between 300 and 350 people live in rent-controlled apartments.

Full Article...
Facebook Twitter Email