Summit County housing authority begins annual deed monitoring
The Summit Combined Housing Authority has begun its annual deed-monitoring process, which requires that property owners submit documentation of their compliance with area restrictions.
Between Aug. 16 and Sept. 15, the authority will attempt to contact the owners of about 1,100 deed-restricted properties in the county, sending an affidavit of compliance and a list of required supporting documentation for the property, such as a copy of a Colorado driver’s license, any relevant lease agreements and/or tax returns. Owners with an email address on file with the authority will receive these affidavits by email; all other owners will receive them via U.S. mail or personal delivery at the property.
“The towns and the county have invested considerable public resources into developing these units so that we have housing that’s affordable to local workforce,” Jennifer Kermode, housing authority director, said in a news release. “This annual deed-monitoring process protects that investment by ensuring the properties are being used for that intended purpose.”
Examples of deed restrictions on units in local workforce housing developments include prohibitions against owning other properties, a long-term rental exceeding 12 cumulative months and short-term rental. Other prerequisites include working an average of 30 hours per week within the county and using the unit as a primary residence.
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Owners are required to return the signed affidavit and supporting documents within 30 days of receiving it, and all must either be mailed of hand delivered to the Housing Authority. The agency will not accept documents via email or fax.
The Housing Authority urges those who do not receive their affidavit by early September to please call the office at (970) 423-7040. More information on the deed-monitoring process is also available by visiting: http://www.summithousing.us.
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