Vail Resorts pledged $30 million in early December 2015 to fund new affordable workforce housing developments near its properties in Colorado, California and Utah – a fantastic step forward by one of the larger employers in these areas in helping to address workforce housing needs as rental vacancies have fallen to near zero percent. The money is intended to help entice a partnership with private developers or municipalities to build housing in locations such as Summit and Eagle counties, Colo., and South Lake Tahoe and Truckee, Calif., all places where workers are struggling to find places to live.
The Summit County Needs Assessment referenced in this article was conducted by Rees Consulting, WSW Consulting and RRC Associates in 2013.
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