ASPEN – — With slightly more than $10 million in accrued housing funds, Pitkin County commissioners agreed Tuesday to contract with a broker to seek out potential housing purchases in the midvalley and to allocate some of the money to make existing worker housing less expensive.
Commissioners have been debating how best to spend the accumulating housing funds for about three years. There is an urgency to use the money, Commissioner Michael Owsley said, as it was collected as an impact fee on various developments.
Collection of the fees will face a challenge if they’re not spent on their intended purpose, he stressed.
But figuring out the best approach — getting the most out of the money — has stymied the county, Commissioner Rob Ittner acknowledged.
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