Colorado Ski Town Sells Housing Bonds in Bid to Retain Teachers
- Telluride is latest vacation hamlet with locals priced out
- School district says jobs go unfilled without homes available
Telluride is “prioritizing” the acquisition and construction of affordable rental housing.
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Telluride, a ski resort destination in Colorado, is the first vacation town to sell municipal bonds for affordable housing this year. It likely won’t be the last.
The reason for last week’s sale is immediately apparent by typing “Homes for Sale Telluride Colorado” in an Internet browser. The websites that appear show that anyone wanting to buy a house there will need millions of dollars, maybe tens of millions.