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TOWN OF LYONS HOUSING FUTURE

 * Home
 * Strategies
 * Planning for Housing
 * Contact Us
 * Town of Lyons Website


LYONS HOUSING FUTURES PLAN


HOUSING AFFORDABILITY AND ATTAINABILITY IS A WIDESPREAD ISSUE COMMUNITIES
THROUGHOUT COLORADO AND THE NATION ARE EXPERIENCING. THE TOWN OF LYONS IS
CURRENTLY WORKING THROUGH A HOUSING NEEDS ASSESSMENT TO DEVELOP AN UNDERSTANDING
OF HOW BEST TO GUIDE AFFORDABLE HOUSING POLICY AND INVESTMENTS TO BEST SUPPORT
THE NEEDS OF THE LYONS COMMUNITY.




AFFORDABLE HOUSING? ATTAINABLE HOUSING? BOTH?

The terms affordable housing and attainable housing often get combined to mean
the same thing when discussing community housing needs, however they are, in
fact, quite different. Given the range of housing needs for a community with a
diverse population, it is important to consider both when working to develop
policy updates and investment strategies to support the needs of any community.
General definitions for each are outlined, below, however a key piece of this
project is to define affordable and attainable housing as it relates to Lyons
and what types of housing are appropriate to develop to support the Town’s
current and future needs.


AFFORDABLE HOUSING

Affordable housing serves those households whose income represents 30% to 60% of
Boulder’s Area Median Income (AMI). General practice states that a household can
afford monthly housing costs (rent/mortgage payment) that are 30% or less of
that household’s gross monthly income.

For example, a family of 3 with a gross monthly income of $5,980 ($71,760 annual
income or 60%AMI) can afford a monthly rent or mortgage payment of $1,794 or
less.

Adapted from the Lyons Primary Planning Area Master Plan (2017)


ATTAINABLE HOUSING

Attainable housing is often also considered or referred to as Workforce housing
and typically serves those households whose income represents 60% to 120% of
Boulder’s Area Median Income (AMI).

For example, a family of 3 with a gross monthly income of $9,960 a month
($119,600 annual income or 100% AMI) can afford a monthly rent or mortgage
payment of $2,990/month or less.

Adapted from the Lyons Primary Planning Area Master Plan (2017)


EVENTS

Wanna chat about housing in Town? We’re planning to join the Sandstone Summer
Concert Series! Click the link below for more information.

Let's go!



PUBLIC ENGAGEMENT


INTERACTIVE MAP

Do you have thoughts on where housing development is appropriate in the
community? Click the link below and share your thoughts.

Click here to view


PREVIOUS PLANNING EFFORTS


DOCUMENT LINKS

The Town of Lyons has completed several planning efforts that include relevant
housing-related information. These documents can be viewed by clicking the
following links.

2023 Adopted Lyons Thrive! Comprehensive Plan
2017 Lyons Primary Planning Area Master Plan
Lyons 2014 Housing Needs Assessment




PROJECT OUTCOMES

This project includes the following expected outcomes to support efforts to
increase housing attainability and affordability in the Town:

 * Evaluation of the existing 2014 Housing Needs Assessment and the recently
   adopted 2023 Lyons Thrive! Comprehensive Plan’s housing components.
 * Updated demographic, economic, housing inventory characteristics and
   occupancies.
 * Updated vision statements, goals, tools, and actions to ensure they are
   consistent with community desires and present-day housing needs.
 * Evaluation of existing density levels and the potential for densifying with
   affordable and/or attainable housing.
 * Identification of suitable locations for affordable and/or attainable
   housing.
 * Conduct inclusive and diverse public engagement.
 * Propose tools, strategies, and recommendations for developing affordable
   housing and for preserving the existing stock of moderately-priced units.
 * Propose regulatory changes that will incentivize private developers to build
   affordable housing.





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