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Buy Downs 

The Town of Breckenridge is dedicated to both building new housing and preserving the existing housing in our community for locals. Pursuant to the 2008 'Workforce Housing Action Plan', the Town of Breckenridge expanded efforts to acquire existing free-market units and convert them to permanently affordable workforce housing.

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Buy Downs are an important strategy, particularly as over time, the market units that are currently occupied by employees are converted to other uses such as retirement or vacation homes. As employees retire and/or sell their market units to non-employees, the shortage of affordable workforce housing is exacerbated.

 

The required qualifications for both 'Buy Downs' and 'Housing Helps' programs are that the home must be occupied by a person who works at least 30 hours per week for a business located in and serving Summit County. Both programs are excellent options for locals looking to purchase a house, current homeowners, local businesses, and anyone seeking to provide long-term rentals to localsInterested buyers are encouraged to follow the Summit Combined Housing Authority’s steps to purchase a home and be prepared.

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Current 'Buy Down' properties offered by the Town will be listed below
Kenington Townhomes- 213 Huron Rd

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