Aspen City Council approves $4.5M APCHA budget

Aspen City Council unanimously passed a resolution to adopt the Aspen/Pitkin County Housing Authority Housing Administration Fund, Smuggler Affordable Housing Fund and the APCHA Development Fund’s 2027 Budget at Tuesday’s regular meeting. The resolution would confirm an APCHA Housing Administration Fund operating and capital outlay of equal to $4,524,892, with estimated revenues of $4,400,885; the Smuggler Affordable Housing Fund for operational and capital outlay equal to $288,325, with estimated revenues of $102,642; and APCHA Development Fund for operational and capital outlay of $25,694, with no estimated revenues. “This was a relatively straightforward budget — there were a number of capital projects that were included in this, but otherwise there are no significant changes to the operating budget for any of these properties,” city of Aspen Deputy Director of Finance Andrew Kramer said.

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