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Regional housing coalition reports eight homes deed‑restricted after county seed funding; asks for more funding

2172089 · January 1, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The West Mountain Regional Housing Coalition told Pitkin County commissioners that its Good Deeds buy‑down program used $2 million to create eight deed‑restricted homes serving 11 local workers, and requested continued county and regional funding to expand the program to meet strong demand.

Ashley (resiliency and housing director for Pitkin County) and April Long, executive director of the West Mountain Regional Housing Coalition, updated the Board of County Commissioners on Dec. 10 about the coalition’s Good Deeds home‑buydown program.

The coalition used $2 million in seed funding — including $1 million that Pitkin County appropriated from ARPA and the county housing fund — to purchase permanent deed restrictions at closing on market homes and lower the purchase price for qualified local buyers. Between August and December the program completed seven closings and had an eighth under contract; the coalition said the funds would be exhausted after that last closing.

April Long said the program is “development neutral”: rather than building new units, it converts existing free‑market homes into permanently…

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