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Kermode: 2010 a busy year for the Summit Combined Housing Authority

by Jennifer Kermode

Before we get too far down the road of 2011, already opening up with possibilities and new opportunities ahead, let’s take a look at 2010 before it fades completely from our rearview mirror. This was a year that brought significant progress in the area of local housing. As a community, we watched with anticipation as two new neighborhoods grew from the efforts and hard work of many to become homes for locals.

In Breckenridge, Valley Brook Neighborhood recently celebrated the completion of the first phase of homes with a ribbon-cutting ceremony in early January. You can view the ribbon-cutting for yourself by visiting http://www.summitnews.com or the Valley Brook website, thanks to our friends at SCTV, who were kind enough to record it for us. New homeowners have now closed on four of the finished homes, and are busy settling in. All 13 of the homes in the first phase are scheduled to close by the middle of March. And Phase 2 will begin shortly thereafter.

In Frisco, the Peak One Neighborhood has several closings currently taking place as well. It is quickly becoming the wonderful local neighborhood the Town of Frisco envisioned. Congratulations to all of the new residents who have realized their dream of owning a home in Summit County!



2010 also brought us our newest SCHA board member, Kim Cancelosi. Kim is a long-time Frisco local currently serving on the town council. We are excited to welcome Kim to our team! If you would like to attend an SCHA Board Meeting, to see Kim in action, the schedule for all upcoming meetings can be found on our website at http://www.summithousing.us.

Speaking of new additions, we are thrilled to announce the arrival of Grace Marie, in October, to proud parents Joy and Eric Klein and big brother, Max. Joy is the loan services program director at SCHA. Welcome to the SCHA family, Grace!



As we moved into the new year, we have begun expanding our talents and skills by branching off in new directions. I have long been aware that we have a talented and multi-faceted staff, but that point was brought home by our recent success in the Chilly Chili Cook-off, held by the Breckenridge Mountain Rotary in mid-January. Although our culinary talents did not earn a top prize this time, we did win lots of votes and support. Aside from being a fun, new experience, the Chilly Chili Cook-off was a great way to get the Summit Combined Housing name out to locals and visitors alike.

So what can the Summit Combined Housing Authority do for you? In addition to assisting locals with their housing needs, SCHA offers many ongoing services vital to this community. We continue to help locals with downpayment assistance programs, such as the Summit Revolving Loan Fund, and the Division of Housing Loan. To give you an accurate idea of the magnitude of this benefit, we funded seven loans totaling $128,095 in Division of Housing downpayment assistance. Utilizing the Summit Revolving Loan Fund, we administered a total of $90,000, helping nine locals with the purchase of their homes.

For those looking to buy or sell deed-restricted homes, we offer many services to make the process less stressful and complex. In 2010, we assisted in the sale of nine deed-restricted homes. In addition, we offer free monthly homebuyer education courses, held at the County Commons in Frisco. These classes cover topics such as budgeting, mortgages, home inspections, and more, all designed to ensure that your transition into homeownership goes smoothly and successfully.

For a complete list of all available services, or to learn how the SCHA can assist you, please visit our website at http://www.summithousing.us, or call us at (970) 423-7044. You may also “like” us on Facebook or follow us on Twitter, @SummitHousing.

Jennifer Kermode is executive director of the Summit Combined Housing Authority.


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