VHF Acquires 3.5 Acres For Housing

In late June 2022, the Valley Housing Fund purchased a 3.5 acre parcel of land just north of Gunnison City Limits. This will be the site of a new workforce housing project that will be planned and constructed over the next 2-3 years. While the planning phase is not yet underway, it will likely include between 24-36 homes for working individuals and families in the Gunnison Valley.

This piece of land was acquired after entering into a special agreement with Colorado State University, who purchased a larger piece of this property for its forestry program. The deal was several years in the making, and VHF is excited to have finally closed on its portion of the land so we may begin planning efforts.  This parcel is an ideal location for affordable housing for several reasons. The property runs along Highway 135, which is the main transportation corridor connecting Gunnison and Crested Butte. Residents can walk or bike to downtown Gunnison, the hospital, grocery store, and WSU campus. It is close to the RTA bus stop, so residents can easily catch a ride to the North end of the valley as well. 

The parcel is currently zoned as unincorporated residential land, and VHF will begin the process of annexing the property into the City of Gunnison. VHF is currently working on gaining permission to access the City’s water through an easement agreement that will cross a neighboring property. There is an existing sewer line already in place, which will assist with upcoming infrastructure planning for the project.

Read the article from the Crested Butte News for more information. Please note the correction that the parcel is currently zoned as residential, not agricultural as quoted in the CB News.

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