PC 24-22: 817 14th Street Affordable Housing Project-Form Zone Site Plan Approved
Approved: November 22, 2024
The City of Golden has reviewed and approved a form zone site development plan (the “Site Development Plan or SDP”) application for a three-story, multi-unit building for a 40 unit, for-sale affordable housing project at 817 14th Street (the “Subject Property”), see Exhibit 3. The use is allowed by Section 18.28.160(1).
One hundred percent (100%) of the residential dwellings are affordable housing units to be preserved with a permanent affordable housing deed restriction (the “deed restriction”) through a land trust that includes a recorded deed restriction on the property and units. The Applicant has provided a letter of intent to deed-restrict all the condominium units for 99 years under a Community Land Trust (Habitat for Humanity). The units can only be sold to buyers who make 80% Area Median Income or less, see Exhibit 4. The deed restriction also prevents future owners from selling the units at a market rate. Additionally, the City was awarded a State of Colorado, Strong Communities grant that this project is the beneficiary of through the City. The grant conditions the deed restriction on the project per the terms of the submitted letter. Proof of the deed restriction is required by August 31, 2026 to comply with the grant. Finally, the SDP was reviewed under the parking requirements for affordable housing and a parking reduction of one space per unit for being one hundred percent (100%) affordable as prescribed by Municipal Code.
This one hundred percent (100%) residential project without the deed restricted, affordable component would only be allowed by special use permit, which requires a public hearing at Planning Commission, and would also have to provide additional parking spaces on site for a market rate building.
The Site Development Plan was reviewed by City Staff for compliance with Title 18, see this memo and the City’s review matrix, Exhibit 5. The Applicant submitted a request to the Historic Preservation Board to review a demolition of the existing structure on the Subject Property and it was approved, see Exhibit 6. The Subject Property was also reviewed by Planning Commission and then City Council for a Right of Way vacation, see Exhibit 7, who approved the vacation ordinance. The approved vacation included a provision that if the proposed development at the Subject Property is not completed with an issued building permit and recorded restriction for affordable units within five (5) years of the effective date of this Vacation, the Vacation shall revert back to the City
The Director of the City of Golden Division of Community Development (the “Director”) is authorized to approve site development plan applications that are subject to form zoning under Chapter 18.29 of the Municipal Code (the “Code”). See Code § 18.40040(1). The Director has delegated this authority to Staff of the Planning Department.
Exhibit 2: Shop/Office with Apartments over Shop Form Type
Exhibit 3: Applicant’s Site Development Plan
Exhibit 4: Affordable Housing Development Letter-Deed Restriction
Exhibit 5a: Review Matrix-Site Development Plan (Section 18.29-Landscaping, 18.40, 18.36 and 18.34)
Exhibit 5b: Review-Engineering Letter
Exhibit 6: Historic Preservation Board Resolution-Demolition
Exhibit 7: City Council Ordinance-Right of Way Vacation
