The Housing Affordability Pickle
The Housing Affordability Pickle Valley cities face a complex puzzle of jobs, housing, and long-term viability “If jobs-versus – [housing] rentals in the classifieds are a kind of balance sheet to economic health, the situation is totally out of whack considering the discrepancy in column inches for each side of the equation.” Sun Valley Magazine discusses […]
We are NOT the national norm.
The City of Sun Valley successfully amends the definition of “Housing Burden” to fit our community. The City of Sun Valley pays competitive wages. City employees earn more than area median income making them ineligible for homes managed by the housing authority. Yet housing costs were repeatedly the reason employees left the City, and […]
COMMUNITY HOUSING: It’s a balancing act.
One might argue that Community Housing programs are unnecessary. ” Let the free market forces level the playing field; do not engage in social engineering,” is the cry heard most often. The problem with that point of view is that in order for the fee market to address the problem, wages, and therefore prices of […]
What is an affordability gap anyway?
An AFFORDABILITY GAP is the difference between the median selling price of homes and the amount purchasers (earning median household income) can afford to pay for them. Normally, purchasers with fixed wages are limited to a target purchase price of roughly 3 times their annual wages. In 2016, over 87% of all homes sold in […]
Not From Our Mouth
We love when we get glimpses of articles that don’t come from us that speak to the need of affordable housing in the Wood River Valley. On April 26th, the Idaho Mountain Express wrote a fantastic article about having affordable housing as a top priority. As the article states, Development of an adequate supply of […]
ADVERTISEMENT FOR GENERAL CONTRACTOR SERVICES
GENERAL DESCRIPTION OF WORK The proposed project will consist of 8 townhome units in two buildings in Hailey, Idaho. The community will be constructed on approximately 1+ acres of land currently under contract. The project will be comprised of two townhome buildings each townhome unit has an attached two car garage. Residential buildings will be […]
Voted in Favor!
We’ve had some exciting news happen this past week. On Monday, March 27th, the Hailey City council voted in favor to rezone a half-acre acre lot in South Woodside subdivision from the Recreational Greenbelt to General Residential Zone to facilitate construction of a rental housing development, despite strong opposition from neighbors to the project. This […]
NEWS: Upcoming Deadline for Property Tax Reduction
DEADLINE FOR PROPERTY TAX REDUCTION – HOMEOWNER’S EXEMPTION APRIL 18, 2017 Property tax reduction applications for the Homeowner’s Exemption are due to the County Assessor by April 18, 2017. A homeowner who occupies his/her primary dwelling by April 18, 2017, qualifies for an exemption of 50% of the value of the residence (including up to […]
Christin Cooper Stands Up for Community Housing
“I am a lifelong advocate for affordable housing, having lived and worked in mountain towns all my life, and great ones: Ketchum, Idaho; Aspen, Colorado; and Bozeman, Montana. Affordable housing is the crisis and the answer to the vibrancy of all three. Mountain living shouldn’t be limited to only those who can meet any rent or […]
Alec England and Kayla Hanson Stand Up For Community Housing
I Stand Up For Community Housing I (Alec) have grown up in a handful of places, but the Wood River Valley has always been “home” to me. After graduating from Boise State University, my plan was to come back to the valley with my girlfriend, Kayla, and begin working at at our upcoming jobs. But while […]
