Developer announces new affordable housing series targeting homes under $400000

The Springville City Council held a meeting on July 9, 2025, focusing on the city's housing development plans and community needs. The discussions centered around the current housing market and the introduction of new home types aimed at providing affordable options for residents.

One of the key topics was the development of a new housing series called the Somerset Series. Council members discussed the need for homes that qualify as "starter homes," acknowledging that traditional definitions have changed. The proposed Somerset homes will range from 800 to 1,200 square feet and will be designed without garages to keep costs down. The goal is to price these homes at well under $400,000, making them accessible for first-time buyers, particularly young adults entering the workforce.

The council emphasized the importance of offering a diverse range of housing options. Approximately one-fourth of the new homes will be priced between $375,000 and $420,000, with additional entry-level single-family homes and cottage court options available in the $500,000 to $575,000 range. Larger single-family homes and upper-market properties will also be included, with prices reaching up to $900,000, ensuring a mix that caters to various income levels.

The meeting highlighted the council's commitment to addressing housing affordability and the need for a balanced community. Further discussions will continue as the planning process evolves, with a focus on ensuring that the development aligns with the needs of Springville residents.