{"id":18606,"date":"2019-09-19T16:25:00","date_gmt":"2019-09-19T22:25:00","guid":{"rendered":"https:\/\/www.skyhinews.com\/news\/winter-park-moving-forward-with-affordable-workforce-housing-project\/"},"modified":"2019-09-19T16:25:00","modified_gmt":"2019-09-19T22:25:00","slug":"winter-park-moving-forward-with-affordable-workforce-housing-project","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/krky\/local-news\/winter-park-moving-forward-with-affordable-workforce-housing-project\/","title":{"rendered":"Winter Park moving forward with affordable, workforce housing project"},"content":{"rendered":"
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A site plan design included in the town’s request for proposals for the Fireside Creek development. The design proposed on Tuesday included room for 82 units.<\/strong>
Courtesy Town of Winter Park<\/em><\/figcaption><\/div>\n<\/figure>\n

Winter Park is moving forward with a development agreement that could bring up to 82 affordable housing units to town.<\/p>\n

On Tuesday, the Winter Park Town Council heard a proposal for the Fireside Creek Development from a group known as the Winter Park Partners. The proposal suggests a mixed-income housing development financed by Low-Income Housing Tax Credits.<\/p>\n

\u201cOne hundred percent of all the units in this project will be deed restricted to either affordable or local workforce households,\u201d said Jim Potter, partner at Consolidated Development Partners, one part of the Winter Park Partners. \u201cWe think it\u2019s good for the workforce climate in the town and we\u2019ll also be able to attract maybe new workforce households to the area.\u201d<\/p>\n

The $18 million development would go in on 1.9 acres on Kings Crossing Drive, next to Silverado II. Per the town\u2019s request, the development is geared toward local workforce and some units will likely require tenants to work in the Fraser Valley.<\/p>\n

All of the designs and details for the project are preliminary right now, as the development would need to go through the planning commission and get council\u2019s approval, but right now Potter and his team are proposing 62 units at 40 to 60% of the area median income (AMI) and 20 units at 100% AMI.<\/p>\n

According to the U.S. Department of Housing and Urban Development, Grand County\u2019s AMI is $79,500 a year.<\/p>\n

Potter said his team is working on a market study to ensure the development is providing the units the town needs.<\/p>\n

\u201cWe haven\u2019t designed this project, so we don\u2019t know what it\u2019s going to look like,\u201d Potter said. \u201cOur design really is oriented by budget and by town staff, as well as this body. It\u2019s also going to be geared by our neighborhood and our surrounding neighbors.\u201d<\/p>\n

Potter described the building design right now as three-story walk-ups with one-, two- and three-bedroom units.<\/p>\n

Rent starts at $480 per month for a one bedroom and bathroom at 40% AMI and goes up to $1,541 for a three bedroom and two bathroom at 100% AMI. Renters will also be responsible for utilities.<\/p>\n

The next steps for the project will be for the town council to approve a development agreement with Winter Park Partners and for the group to apply for housing credits from the Colorado Housing and Finance Authority in December.<\/p>\n

Potter said having the town contribute the land for the project gives it an edge when applying for federal money.<\/p>\n

\u201cWhen the community is not just saying yea, we need affordable housing, but they\u2019re saying we\u2019re behind it and financially supporting it, that goes a long way in determining where the state puts resources they have,\u201d said Jake Mooney, co-founder of MRE Capital, another member of the Winter Park Partners. \u201cThat\u2019s why this has the potential it does.\u201d<\/p>\n

While the timeline of the project is dependent on receiving the appropriate approvals and good weather, Potter said he hopes to get in the ground by next August and have people moving in around fall 2021.<\/p>\n

via:: Sky-Hi News<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A site plan design included in the town’s request for proposals for the Fireside Creek development. The design proposed on Tuesday included room for 82 units.Courtesy Town of Winter Park Winter Park is moving forward with a development agreement that could bring up to 82 affordable housing units to town. On Tuesday, the Winter Park […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56],"tags":[],"class_list":{"0":"post-18606","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-local-news"},"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-06-14 10:58:26","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"KRKY Ski Country","distributor_original_site_url":"https:\/\/alwaysmountaintime.com\/krky","push-errors":false,"_links":{"self":[{"href":"https:\/\/alwaysmountaintime.com\/krky\/wp-json\/wp\/v2\/posts\/18606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alwaysmountaintime.com\/krky\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwaysmountaintime.com\/krky\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/krky\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/krky\/wp-json\/wp\/v2\/comments?post=18606"}],"version-history":[{"count":0,"href":"https:\/\/alwaysmountaintime.com\/krky\/wp-json\/wp\/v2\/posts\/18606\/revisions"}],"wp:attachment":[{"href":"https:\/\/alwaysmountaintime.com\/krky\/wp-json\/wp\/v2\/media?parent=18606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/krky\/wp-json\/wp\/v2\/categories?post=18606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/krky\/wp-json\/wp\/v2\/tags?post=18606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}