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File #: 20-077    Version: Name: HomeCOS
Type: Informational Report Status: Filed
File created: 2/4/2020 In control: Council Work Session
On agenda: 7/13/2020 Final action: 7/13/2020
Title: HomeCOS: Housing Our Future, A Comprehensive Affordable and Attainable Housing Plan for the City of Colorado Springs, Colorado Presenter: Steve Posey, HUD Program Manager, Community Development Division Peter Wysocki, Director of Planning and Community Development
Attachments: 1. HomeCOS Housing Our Future_Housing Needs Chart.pdf, 2. HomeCOS CC CPC Presentations 6 2020

Title
HomeCOS: Housing Our Future, A Comprehensive Affordable and Attainable Housing Plan for the City of Colorado Springs, Colorado

Presenter:
Steve Posey, HUD Program Manager, Community Development Division
Peter Wysocki, Director of Planning and Community Development

Body
Summary:
HomeCOS, Housing Our Future, is a comprehensive affordable and attainable housing plan to support the Mayor's goal of building, preserving, or creating opportunities for homeownership at an average of 1000 units each year. The information included in the plan brings together data from multiple sources, including the Colorado State Demographer's Office, the UCCS Economic Forum, the Housing & Building Association, the Department of Housing and Urban Development, a housing survey carried out by the Community Development Division, and current literature on housing and the related topics of homelessness, health, accessibility, and economic well-being. HomeCOS represents a synthesis of the discussions that took place at numerous public forums such as the affordable housing roundtables led by CM Geislinger, presentations sponsored by the Housing & Building Association, and stakeholder gatherings that have included representatives from both the public and private sectors with an ongoing interest in the regional housing market.

HomeCOS recognizes that a diverse population has unique and varied housing needs. In alignment with the 'big ideas' brought forward in PlanCOS, the City's recently adopted comprehensive planning document, this housing plan proposes to further the vision of 'Housing for All' by establishing a set of six core objectives that avoid exactions and requirements and rely instead on incentives to achieve a full spectrum of housing opportunities located throughout the City. The objectives included in HomeCOS are:

Reduce homelessness by facilitating the movement of individuals and families out of the shelter system into housing.
Increase the supply of affordable ...

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