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HomeMy WebLinkAbout04-03-24 Public Comment - P. Olliff - Comments Regarding Guthrie BuildingFrom:Peggy Olliff To:Bozeman Public Comment Subject:[EXTERNAL]Comments Regarding Guthrie Building Date:Wednesday, April 3, 2024 2:56:14 PM CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. 04.03.24 Dear Bozeman City Commissioners, I am writing to you as a concerned resident regarding the proposed Guthrie Building development by Homebase Partners. Recent coverage in the Bozeman Daily Chronicle has shed light on the concerning lack of truly affordable housing within this project, and I urge you to reject it in its current form. The Guthrie development has been marketed as a solution to our city's affordable housing crisis, but it fails to meet the needs of our community. Homebase Partners' commitment to designate only half of the units as affordable, priced at 80% of the Area Median Income (AMI), falls woefully short of providing accessible housing options for the majority of Bozeman residents. At $1,684 per month for a 1-bedroom unit, most of which are less than 400 square feet, the proposed "affordable" rents are far beyond the means of many individuals and families in our city. To afford such rent without facing financial hardship, one must earn over $32 per hour or have a combined household income of $67,000 per year for a two-person household. Yet three out of five renters in Bozeman earn less than this 80% AMI income level. It is clear that the Guthrie development, as it stands, will not adequately address the pressing issue of housing affordability in our community. We cannot accept a development that merely pays lip service to the concept of affordable housing while catering to higher-income brackets. As city commissioners, I urge you to prioritize the well-being and housing security of all Bozeman residents. Rejecting the Guthrie Building development in its current form is a crucial step towards ensuring that our city's growth is inclusive and equitable for all. Let us work together to implement solutions that genuinely address the needs of our community and provide affordable housing options for those who need them most. Thank you for your attention to this matter, and I look forward to seeing your commitment to affordable housing in our city. Sincerely, Peggy and Tom Olliff