A new plan to open up Aspen housing units | AspenTimes.com

A new plan to open up Aspen housing units

Aspen Times Staff Report
Aspen, CO Colorado

ASPEN ” Affordable housing officials are considering letting retirees rent out their units six months a year in an effort to free up more places to live for local workers.

The recommendation was floated by a citizen task force to the Aspen/Pitkin County Housing Authority (APCHA) board on Wednesday. The board supports the recommendation but didn’t take formal action by adopting the policy.

The current policy allows for an owner of deed-restricted housing to retire at 65 years old. All owners are required to live in their units nine months out of the year.

The task force, called the Housing Frontier Group, suggests that retired owners of deed-restricted units be allowed to vacate and rent their homes for up to six months to a qualified employee who works in Pitkin County. The owner would be required to maintain the home as their principal residence as defined by the IRS, be a registered voter in Pitkin County and live in his or her unit for six months every year.

The unit owner would be able to choose the tenant, as long as he or she works 750 hours during the six months and qualifies under APCHA’s guidelines.

“The whole idea was to create the availability,” said task force member Andrew Kole. “This allows them to take a leave of absence, rent it out and better utilize it.”

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