Lake City & Hinsdale County
Comprehensive Housing Plan
Joint Session #2 - Town Trustees & County Commissioners
"To provide housing opportunities across all life stages, enabling residents to find appropriate homes as they begin careers, raise families, and retire in the community they love."
October 1, 2025
Presented by:
Western Spaces, LLC • Proximity Green • Dynamic Planning & Science • Triple Point Strategic Consulting
Today's Focus
Where We Are in the Process
Economic and Demographic Analysis
Realistic Plans
Best Approach
Clear Ownership
Measure Success
Our Housing Goals
Housing Creation
40 Units
- • 28+ rental units
- • 6-8 ownership
- • 2-4 land banking sites
Tenure Balance
70/30
Move toward 70% owner, 30% rental from current 80/20 split
Year-Round Occupancy
35%
Increase from 28% to 35% year-round occupancy
From Strategies to Actions: Not Every Action Moves Forward
The Four Strategies
1. Policies & Incentives - Remove barriers
2. Optimize Existing Stock - Better use of housing
3. Strategic Development - New construction
4. Sustainable Revenue - Ongoing funding
Decision Framework
✓ Is this a priority?
✓ Do we have capacity?
✓ Who leads - Town, County, joint?
✓ When can we start?
✓ What resources needed?
Our Goal Today
Quick wins for momentum • Strategic investments for core needs • Realistic commitments we can deliver
Strategy 1: Policies, Fees & Incentives
Implementation Cost: LOWActions Under Consideration:
- Fee Waivers for Affordable Units (Both jurisdictions)
- ADU Ordinance (Town lead, County follow)
- STR Caps or Bans (County primary, Town coordinate)
- Density Bonuses for Affordable Units (Both jurisdictions)
Decisions for This Strategy:
Which actions to pursue • Who leads each action • Priority order
Strategy 2: Optimize Existing Stock
Implementation Cost: LOW-MODERATEActions Under Consideration:
- Anti-Displacement Policy/Rules (Joint development)
- Acquisition and Rehabilitation (Both fund, shared implementation)
- Right of First Refusal Programs (Each entity for own properties)
Decisions for This Strategy:
Which actions to pursue • Who leads each action • Priority order
Strategy 3: Strategic Development
Implementation Cost: HIGHActions Under Consideration:
- Land Acquisition/Banking (Both identify sites)
- Secure Options or Purchase Agreements (As opportunities arise)
- Shared Housing Staff Position (Joint position, shared costs)
- Employer Partnerships (Both cultivate)
- Legislative Advocacy (Joint efforts)
- Housing Development (Joint efforts)
Decisions for This Strategy:
Which actions to pursue • Who leads each action • Priority order
Strategy 4: Sustainable Revenue
Implementation Cost: VARIABLEActions Under Consideration:
- Property Tax Allocation (Each entity for own mill levy)
- Housing Impact/Linkage Fees (Both implement separately)
- Inclusionary Zoning with Fee in Lieu (Town pilot, County evaluate)
- Partnership Leverage & Community Fundraising (Joint effort)
Decisions for This Strategy:
Which actions to pursue • Who leads each action • Priority order
What Happens After Today
Refine
Incorporate today's decisions into comprehensive housing plan
Working Group #3
Develop detailed implementation plan
Adoption & Implementation
Town/County review and adopt/revise plan
A Living Document
The housing plan should be monitored and revised regularly to adapt to changing conditions and track progress towards housing goals.