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ASPEN, Colo.—Competition for subsidized housing for workers in Aspen has eased, and it could be due to the recession.
Only full-time workers in Pitkin County can enter lotteries for the deed-restricted housing.
Lottery competition was intense when the resort town’s economy was humming. Now, housing operations manager Cindy Christensen says, some workers find they can now consider free-market housing, others are downsizing into smaller units, and some workers have simply been leaving the area.
This year, a lottery for a one-bedroom, one-bath unit at Annie Mitchell Homestead attracted 22 bidders. In 2007 and 2008, similarly priced units drew 42 lottery participants.
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Information from: The Aspen Times,
