Lafayette Scores $750K Boost from Boulder County’s Affordable and Attainable Housing Tax for Home Upgrades

Lafayette residents are seeing a major win in the battle for affordable housing as Boulder County rolls out its first wave of funding from the voter-backed Affordable and Attainable Housing Tax.

Boulder County officials recently confirmed a $750,000 injection aimed at buying and sprucing up two local homes to keep them within reach for everyday buyers.

These properties, once under the county housing authority's wing, are set to join a regional program that locks in below-market prices for income-qualified families.

The move underscores a broader effort to combat skyrocketing costs in the area, where stable homes feel increasingly out of grasp for many.

On top of that, another $1.1 million from the same tax pot is fueling the second phase of the Willoughby Corner project right here in Lafayette.

This development just celebrated its first phase opening in late August, bringing 192 fresh affordable units online and drawing crowds eager for a shot at secure rentals.

It's a game-changer for families tired of being priced out, signaling a shift toward more inclusive community growth.

Back in 2023, county voters overwhelmingly supported extending a 0.185% sales and use tax, channeling proceeds into building, preserving, and supporting housing initiatives.

That decision is now paying off, with roughly 65% of annual revenues dedicated to development and the rest bolstering services to prevent homelessness.

Funds get split by population, giving Lafayette and other spots outside Boulder and Longmont a solid 38% share.

County leaders anticipate dishing out an extra $9.6 million this year to spark projects in places like Lyons, Louisville, and beyond.

Looking ahead, proposals for 2026 funding will hit the commissioners' desks this fall, promising even more momentum.

Plus, a $500,000 Innovation Fund is up for grabs annually, inviting nonprofits and agencies to pitch bold ideas for expanding affordable options.

With over 600 units already in the works or completed across the county this year and next, the tax is proving its worth in real, tangible ways.

Locals say it's about time—these investments could reshape neighborhoods, fostering stability and opportunity for generations.

For those eyeing a piece of this, open houses and application details are popping up, especially around new spots like Willoughby Corner.

FAQ: What is the Boulder County Affordable and Attainable Housing Tax?

It's a voter-approved sales tax extension funding housing development and support services.

How does Lafayette benefit from these funds?

The city receives allocations for home purchases, renovations, and projects like Willoughby Corner to boost affordable options.

When will more funding awards be announced?

Expect updates on innovation grants soon and 2026 proposals this fall.