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<br />44 <br /> <br />which guaranteed the economic feasibility of oil shale processing and <br />other synthetic fuel development (coal gasification is one example). It <br />is unlikely, for example, that under present circumstances a financial <br />institution would make mortgage financing available in large quantities <br />in a community like Rangely for the purposes of providing housing for oil <br />shale workers. <br /> <br />Probably the most serious problem in providing permanent housing'is the <br />inflationary costs of new housing construction. Experience in other <br />energy-impacted communities indicates that with the high wage rates of <br />construction workers, the cost of providing housing becomes prohibitively <br />expensive. A partial solution here would be to rely upon modular units <br />where most of the construction is accomplished off-sight leaving only <br />assembly work to be done on-site. <br /> <br />Attracting quality builders to communities likely to be impacted by energy <br />development is yet another concern. Again, the experience in other states <br />suggests that quality builders have not been attracted to such communities, <br />and there are obvious deficiencies in the quality of construction and to- <br />tal community development that takes place. <br /> <br />Major Problem Areas--A Summary <br />In summary, the most critical financially-oriented boom town problem <br />areas anticipated for Colorado over the next decade are: <br /> <br />(1) Capital funds for municipalities <br />(2) The need for a focal point in state government <br />(3) Inadequate community financial planning for energy impacts <br />(4) Provision of temporary housing <br />(5) Provision of permanent housing <br />