Ceremony celebrates joint affordable-housing project | SummitDaily.com

Ceremony celebrates joint affordable-housing project

summit daily news
Summit County, Colorado

Town officials from Silverthorne and Dillon are donning hard hats today for a ground-breaking ceremony celebrating Solarado, a joint affordable-housing project. It’s set for 9:30 a.m. at 757 Anemone Trail in Silverthorne. All elected officials from both towns will be present and both mayors will speak.

Silverthorne and Dillon are working together to create an eight-unit affordable-housing complex in the Ptarmigan Trail Estates subdivision bordering both towns. The final plan for Solarado was approved by Silverthorne in April. It will be constructed by Compass Homes, and Solarado units will be sold by South Maryland Creek Ranch.

“It’s good for the community because two municipalities, a housing developer and the housing authority worked together,” said Mark Leidal, Silverthorne’s community development director.

The housing project represents great community innovation ” Silverthorne and Dillon haven’t always seen eye-to-eye, but they’re working together on building attainable housing for a collective community benefit.

Dillon will provide taps, water and sewer services at an in-town rate for the complex under an agreement between the two towns. Dillon will also use its

“5A” funds, which are designated for affordable-housing projects.

“I think that this project truly is what community is all about,” said Dillon Mayor Barbara Davis. “It’s two towns creating a much needed vital project that will keep our community young, vibrant and sustainable.”

A collaborative approach with water and sewer manages costs and brings added affordability to the housing project.

The Ptarmigan lot originally was purchased from Dillon for a public-use trail connection from Silverthorne to the rest of the county’s trail system. It also was decided that it would be a good site for affordable housing.

The eight-unit development is one of the community benefits required under an annexation agreement forged by the Town of Silverthorne with the South Maryland Creek Ranch residential development.

The units will be for sale by the end of the year if the project moves forward as planned. They’ll be available exclusively for purchase, not for rent.

Under the annexation agreement, three units will initially be set aside for the developer’s employees, with the other five being available on a first-come, first-served basis for qualified buyers.

The Summit Combined Housing Authority will manage all of the deed-restricted units. Units will be available to anyone who qualifies within the county, with no favoritism toward town employees.

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