The Telluride Town Council recently approved a new affordable housing project, but it’s only a drop in the bucket when it comes to addressing the area’s affordable housing shortage.
Telluride Mayor Stu Fraser says the town has about 300 affordable housing units. He estimates 65 percent of those are rentals.
"It’s very difficult to find rentals within the community," Fraser says. "And, we try to make sure that the folks who are working here have the ability to live within the town of Telluride."