The Boulder City Housing Advisory Board meeting on July 25, 2025, focused on the pressing issue of middle-income housing in the city. Board members discussed the current state of affordable housing, highlighting both achievements and ongoing challenges.

One of the key points raised was the significant progress Boulder has made in affordable housing, surpassing 4,000 affordable units, which represents over 8.7% of all housing in the city. This achievement is seen as a step towards the city’s goal of having 15% of its housing stock designated as permanently affordable. Notably, more than 3,000 of these units are rental properties, catering primarily to households earning between 30% and 60% of the Area Median Income (AMI).

However, the discussion also revealed concerns about the lack of options for middle-income homeownership. Board members noted that while rental units are plentiful, homeownership opportunities for those earning around $130,000 are scarce. The current market shows a significant gap, with single-family homes priced well above $500,000 and new townhomes reaching prices around $1.5 million. This situation raises questions about the availability of naturally occurring affordable housing, which is not deed-restricted but may be more affordable due to factors like age or size.

The board acknowledged the need for more city investment and innovative financing tools to support middle-income homeownership. The conversation underscored the complexities of the housing continuum in Boulder, where the extremes of affordability require targeted solutions.

In conclusion, while Boulder has made commendable strides in affordable housing, the meeting highlighted the urgent need to address the challenges facing middle-income residents seeking homeownership. The board's discussions will likely inform future strategies aimed at bridging this gap and ensuring a diverse housing market that meets the needs of all residents.