EPS provides rigorous analysis and insightful solutions to address complex challenges in real estate development, land use policy, and local government finance. We are motivated by the role our work can play in shaping places where people live and we strive to create high-quality urban environments that advance the principles of diversity, resiliency, and shared prosperity.
EPS offers a wealth of experience, robust technical expertise, and the ability to offer insightful solutions to address the challenges and opportunities of urban development.
As housing challenges have worsened across the country since COVID-19, mountain resort communities have been especially impacted. EPS is working with the Eagle County Housing Partners (including the towns of Vail, Minturn, Red Cliff, Avon, Eagle, and Gypsum, and the metropolitan districts of Eagle-Vail, Beaver Creek, Bachelor Gulch, Arrowhead, Edwards, Berry Creek, and Cordillera) to update the region’s 2018 Housing Needs Assessment and better understand current and future housing needs and opportunities. This regional study includes community and employer surveys with partner RRC Associates, and local focus group outreach with partner Habitat for Humanity Vail Valley, and will help shape housing strategies for all communities in the Eagle River Valley.
The five key goals of this effort are to update data on regional housing needs, determine the quantity and type of housing needed in the region (across income levels, ages, and employment/life stages); establish regional housing goals based on the identified needs; identify financial resources available to support community housing and achieve the regional goals; and to identify land available for (re)development to support achieving the housing goals. Initial data was presented to the Housing Partners in Fall 2024, and shows the magnitude of the need, and how much the challenges have accelerated since 2019.
See story below from the Vail Daily.
EPS completed a comprehensive study on the potential economic impact of Proposition 5, a 2024 California ballot measure that would reduce the voter threshold required to approve General Obligation (GO) Bonds that fund affordable housing or public infrastructure. Commissioned by the California Housing Partnership, a state-created nonprofit housing organization, the EPS report evaluates the economic gains that communities could realize from additional funding for affordable/workforce housing and/or infrastructure investment. Among other things, EPS quantified the likely increase in housing, jobs, economic productivity, and output (e.g., local GDP) that would result from a hypothetical $100 million GO Bond (one a mid-size community might approve). Access the full report here.
For further information please contact Jason Moody at jmoody@epsys.com or 510-626-8452