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Housing authority will begin accepting applications Oct. 2 for 41 new townhomes and condominiums in Keystone
Jason Dietz, Summit Combined Housing Authority Director: 970-409-8458
Jim Curnutte, Summit County Community Development Director: 970-668-4150
SUMMIT COUNTY – Summit County and West Hills LLC held a ceremonial groundbreaking Monday for West Hills Phase II, a 41-unit workforce housing development in Keystone. The new homes will be available for occupancy in summer or fall of 2019. Summit Combined Housing Authority will begin accepting applications from prospective buyers on Oct. 2, with an application deadline of 12 noon, Friday, Nov. 2.
The development includes eight three-bedroom townhomes, six two-bedroom townhomes and 27 two-bedroom condominium units. West Hills Phase II will offer some of the lowest-priced for-sale workforce housing in the Summit County market, with prices set to be affordable to workers earning 70 to 110 percent of area median income (AMI).
"West Hills is the first major for-sale workforce housing development in the Keystone area, and it represents significant progress toward our goal that the people who work here are able to live here and be part of this community," County Commissioner Thomas Davidson said. "West Hills Phase II is particularly exciting, in that we're able to offer new units for sale at AMI levels that you can't find anywhere else in Summit County right now."
Summit County chose West Hills LLC to build and market the 41 new units at West Hills Phase II in summer 2018. After entertaining several proposals from competing development firms, the County selected West Hills LLC because of its proven track record of delivering high quality, affordable housing units throughout Summit County.
In order to take advantage of the mobilization associated with the construction of West Hills Phase I in spring 2018, Summit County contracted with West Hills LLC to install the deep utilities and complete mass excavation work needed at the Phase II site. With that work nearly complete now, construction on the $12 million Phase II portion of the project is poised to begin.
West Hills LLC anticipates starting construction on the first buildings in Phase II in the coming weeks and plans to build throughout the winter months. The first completed units will likely be available in summer 2019, with all units completed by the end of the year.
With the 27 two-bedroom condominiums, West Hills LLC and Summit County will introduce a new housing product type at a lower price point than exists anywhere else in the local market, in order to serve another cross section of the local employee base. In order to achieve such a low price point, Summit County contributed the land for the project, waived the development review and building and grading permit fees and allocated up to $1.7 million in housing funds generated by voter-approved workforce housing funding measures.
The new neighborhood will include a number of home features and amenities designed to enhance quality of life for local workers. The townhomes have storage space, decks and garages. Three of the condominium units are ADA accessible, and all have storage areas. The common amenities for West Hills will include a pavilion gathering area, a play field, a natural play area for children, community gardens and trail loop connections. The site is conveniently located close to Keystone Resort, with access to two Summit Stage public transit routes, Keystone Resort shuttle buses, recreational trails and the Snake River Recpath.
“The success of the first phase confirmed our commitment to creating high-quality, affordable communities that give locals an opportunity to enjoy all that Summit County has to offer,” said West Hills Manager Tim Crane. “We will continue to create functional living spaces for people to call home, and we remain committed to building amenity-rich neighborhoods for our community members.”
The West Hills project is located on a 5.78-acre parcel that Summit County obtained from Vail Resorts, as required by the Keystone Planned Unit Development (PUD), the zoning document for the Keystone Resort area. Together, the two phases of West Hills include 66 for-sale deed-restricted units, priced for Summit County workers earning 70-110 percent AMI. West Hills developer Tim Crane has also constructed workforce housing projects in the Copper, Dillon and Breckenridge areas.
"When we stood on this spot one year ago, West Hills existed only on paper," Commissioner Davidson said. "Today, we're proud to have 25 homes completed, and local working families already moved in, with 41 more units on the way. On behalf of the Board of County Commissioners, I extend a heartfelt thanks to the dedicated team that was laser-focused on making this idea a reality."
Sale prices for West Hills Phase II townhomes and condos range from $212,126 for the lowest-AMI two-bedroom condo units to $441,149 for the highest-AMI three-bedroom townhome units. Eligible applicants include households earning 70-130 percent AMI. The maximum total gross income for the two-bedroom townhomes ranges from $97,920 to $106,080; maximum income for the three-bedroom townhome units is $122,525; maximum income for the two-bedroom condominiums ranges from $73,440 to $89,760.
The HOA declarations for West Hills II were established with long-term affordability goals in mind, and are designed to address ongoing and long-term maintenance. HOA dues for the townhomes are projected to be about $260 per month, covering snow removal, trash, recycling, common area maintenance and long-term maintenance reserves. HOA dues for the condominium units are projected to be about $370 per month, covering the same services, in addition to natural gas, electricity, water and sewer services.
Applications for prospective West Hills Phase II homebuyers will be available on the Summit Combined Housing Authority (SCHA) website (www.SummitHousing.us). The housing authority will begin accepting applications on Tuesday, Oct. 2.
All applications will be reviewed by SCHA for eligibility and completeness prior to the lottery, scheduled to take place Nov. 16. Eligible applicants who work an average of at least 30 hours per week (on an average annual basis) in the eastern Snake River Basin (from Arapahoe Basin Ski Area to the easterly reach of Dillon Reservoir) will receive priority consideration in the lottery. Applicants working in other areas of Summit County are fully eligible for units and encouraged to apply. The lottery will be open to the public.
The lottery process will establish the order in which qualified applicants will have the opportunity to select their homes. After the lottery, each candidate will be given 24 hours to select a home, and then five days to go into contract. SCHA can provide information on down payment assistance loans and homebuyer education.
For more information on eligibility requirements and the application process, contact the Summit Combined Housing Authority at www.SummitHousing.us, firstname.lastname@example.org or 970-453-3555.