In the quaint town of Monument, residents like Anniki Hakala are grappling with the challenges of affordability in housing. Since moving to Monument in 2012, Hakala shares her home with two others to manage living costs. The scarcity of affordable housing options is a pressing issue for many residents, as new developments do not cater to lower-income families. The local housing authority warns that proposed construction regulations could further exacerbate this problem by deterring developers. Meanwhile, some residents hope to preserve the town's small-town charm, fearing rapid growth similar to nearby Castle Rock. Despite these concerns, city officials have remained tight-lipped on potential policy changes.

Hakala’s experience highlights the financial strain faced by many in Monument. Sharing expenses has become a necessity for sustaining life in the town. "Without splitting costs, it would be nearly impossible for any of us to afford living here," she remarked. The Pikes Peak Housing Authority spokesperson noted that while new homes are being built, they are not necessarily addressing the needs of lower-income households. A proposed ordinance requiring 51% of units in new multifamily developments to be privately owned could make affordable housing even more elusive due to increased costs and practicality issues.

The debate over development extends beyond just housing. Residents such as Catherine Wells express concerns about preserving the town’s character. Having moved from Castle Rock, Wells observed significant changes in her former hometown, attributing them to rapid expansion. "I want to keep Monument from growing too fast and losing its charm," she explained. This sentiment reflects a broader tension between the need for affordable housing and maintaining the town's intimate atmosphere.

The mayor and city council members have chosen not to comment on the proposed ordinance, citing the matter as part of an upcoming public hearing. This cautious approach underscores the complexity of balancing resident desires with practical considerations. As Monument continues to evolve, the community must navigate these challenges carefully to ensure both affordability and quality of life remain priorities.