Boulder County commissioners approved a letter of intent September 29 for $11.2 million to help San Lazaro residents buy their mobile-home park. The owner had put the property up for sale.
The county’s commitment was conditional: residents still had to raise the remaining funds. The release described a community of more than 800 residents and said residents had requested county assistance in August.
Commissioners framed the move as an affordable-housing investment while acknowledging competing demands on public money and relatively flat revenue. A letter of intent did not establish that a sale had closed or that the full county contribution had already been spent.
