Special to the Daily
The town of Vail has spent millions on housing over the past several years. Steve Lindstrom believes more needs to be done.
Lindstrom, the chairperson of the Vail Local Housing Authority, spoke Tuesday with the Vail Town Council about the current state of housing in town. Lindstrom said the situation is dire.
“We’re welcoming many more residents to our town, and we welcome them all,” Lindstrom said. “But if you’re trying to break in, it’s a tough go.”
Lindstrom told council members that the current housing shortage hasn’t been good for the town’s overall economy.
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With record low interest rates and the ability to retain ownership of the property in perpetuity, the Vail Town Council will consider optimizing an alternate arrangement for construction of the Residences at Main Vail during…