HomeMy WebLinkAbout2018-30 2018 Town of Vail Housing Policy StatementsRESOLUTION NO. 30, SERIES 2018
A RESOLUTION ADOPTING THE 2018 TOWN OF VAIL HOUSING
POLICY STATEMENTS, AND SETTING FORTH DETAILS IN REGARD
THERETO
WHEREAS, the Vail Town Council has adopted the vision "To Be The Premier
International Mountain Resort Community";
WHEREAS, through Resolution No. 29, Series 2016, the Town Council adopted
Vail Housing 2027, "A Strategic Plan for Maintaining and Sustaining Community through
the Creation and Support of Resident Housing in Vail" (the "Plan");
WHEREAS, the single goal of the Plan is for "The Town of Vail to acquire 1,000
additional resident housing deed -restrictions by the year 2027;
WHEREAS, according to the 2018 Town of Vail Community Survey results, the
availability and affordability of housing is the most critical issue facing the Vail
community; and,
WHEREAS, through the adoption of housing policy statements, it is the Vail
Town Council's intent to articulate the approaches the Town will take to realize its
vision, achieve its housing goal, and address the most critical issue... housing...facing
the Vail community.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE
TOWN OF VAIL:
Section 1. The Vail Town Council hereby adopts the following housing policy
statements, hereafter referred to as the "2018 Town of Vail Housing Policy
Statements":
#1 Housing IS Infrastructure - Deed -restricted homes are critical
infrastructure in Vail.
#2 Housing Partners — We use public/private partnerships and actively
pursue local and regional solutions to increase the supply of deed -
restricted homes.
#3 Private Sector Importance — We foster a proactive and solutions -
oriented environment that promotes private sector investment to create
deed -restricted homes.
#4 Leverage Financial Strength — We will use our financial strength and
acumen to acquire deed -restrictions.
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#5 Breakdown Barriers — We align our land use regulations, building and
energy conservation codes to achieve our vision and housing goal, and
development applications are thoroughly, timely and efficiently
reviewed....getting to "yes" is our shared objective.
#6 Funding Creates Deed -Restrictions — We pursue a predictable,
consistent and reliable source of funding to obtain deed -restrictions and
maintain the Town's housing programs.
#7 People Promote Community — We ensure opportunity and access to the
Town's housing programs and initiatives through a clear, equitable, and
easy to administer process for housing selection.
#8 No Net Loss - No net loss of resident -occupied, deed -restrictions.
#9 Keep Up With Demand - New development, both residential and
commercial, is obligated to mitigate its incremental impact on the demand
for resident -occupied, deed -restricted homes. Payment in lieu, while
needed, is not the preferred method of mitigation.
#10 Funding is Policy — The Vail Town Council will fund housing
opportunities and solutions.
INTRODUCED, READ, APPROVED AND ADOPTED this l 79 day of Jul i'018.
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ave Chapi Mayor