The Valley Housing Fund purchased 3.5 acres of land in 2022 on the west side of Hwy 135, just north of Gunnison’s city limits. This parcel is located within a corridor that is undergoing master planning efforts with the City and County of Gunnison in 2023. The master plan will drive development plans for this parcel, as VHF intends to maximize the opportunity with a mix of approximately 50 townhomes and apartments.

In 2023, VHF was awarded a Technical Assistance Grant from the Colorado Housing and Finance Authority to work with affordable housing consultants to develop concept plans for the site. Read more about the process here. VHF is currently working with external development partners to bring affordable homes to this parcel.

Colorado Housing and Finance Authority, Gunnison County, City of Gunnison