Current PROJECTS

Paul Redden Workforce Housing Project | Town of Crested Butte

In 2019, VHF purchased 3 lots in Crested Butte at a reduced price with the promise of honoring Paul Redden’s memory by securing workforce housing on the property. VHF received BOZAR approval in June 2022 and building permits were issued in July 2022 to place three new manufactured homes on the site. Site work has already commenced!

VHF is excited to have Craft Mountain Homes helping move this project forward to bring two 3-bedroom and one 2-bedroom homes to CB. These homes will be offered initially as workforce rentals, and may be sold with deed restrictions in place to qualified applicants in the future to generate funds for additional affordable housing projects. Click here to read more.

The anticipated timeline for the project is to prepare the site this summer, install infrastructure, and place the homes in late fall 2022. This project will contribute to affordable housing opportunities within the existing grid of the Town of Crested Butte.

Wilson Property | Gunnison County, North of Gunnison City Limits

In June 2022, the Valley Housing Fund purchased 3.5 acres of land on the west side of Hwy 135, just north of Gunnison’s city limits. The next step is to begin the annexation process to join the City of Gunnison and request that residential zoning be identified for the parcel. While plans are not final, VHF will likely pursue a mix of townhomes and apartments, with at least 24-36 workforce homes on the parcel. The annexation process is anticipated to take 1-2 years. 

By planning into the future through land banking, VHF is able to complete one project and move onto the next.