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All programs, projects and strategies of Breckenridge Housing are funded by our community and guests through voter approved county-wide taxes (.0125% and .6%), development impact fees, grants secured by housing staff and, as of January 1, 2022, a short-term rental fee. To learn more around funding CLICK HERE.
The Town of Breckenridge takes a proactive approach to meet the housing needs of local employees, and is addressing the issue through a variety of strategies and programs. While the Town of Breckenridge can’t build out of the housing issue we currently face, construction of new inventory is a pivotal tactic. Providing affordable housing options for the local employees is vital in sustaining our community. Below is an overview of the current and upcoming projects that are in the works in Breckenridge. For more information on completed projects, go to the Neighborhoods page.
Breckenridge Housing Program Targets
47% of the Breckenridge workforce lives in the community
A balance of 35% of resident housing and 65% vacation/lodging
80 rental units, supports 60% AMI
Alta Verde is the next affordable rental housing project in the Town of Breckenridge. Located between Coyne Valley Road and the Fairview Boulevard roundabout, project construction is underway and completion is scheduled for Winter 2022. More information
174 units, lower AMI
The Alta Verde II complex is slated to include 174 units over four buildings - 50% of units will be at 80% AMI or less. Alta Verde 2 will encompass a mix of studios, one, two and three bedroom units. Construction will start late Summer 2022 and will be ready for move in Winter 2024. More information
27 rentals units, lower AMI
Breckenridge Town Council approved plans for Block 11 in June 2021. The project consists of 27 deed-restricted, one-bedroom rental units across three buildings on Dredge Drive, off of Floradora Drive near Blue52 and Cotto Flatts. Project construction is underway and completion is scheduled for late 2022. More Information
The Town of Breckenridge is partnering with Summit County in developing the land just north of the Justice Center in Breckenridge. The Town continues to stay nimble and is always looking at innovative ways to produce housing in a cost effective way. Currently, the Town is working with Fading West Development based in Buena Vista, CO to manufacture and produce modular homes for this project. More information.
Construction is underway at the Trails at Berlin Placer. While this is not a project of the Town, in the beginning stages, the Town purchased two, four-bedroom units and plans use the buy down program to resell them as affordable workforce housing. This project is located at the corner of Baldy and Sally Barber Road. More information at www.trailsberlinplacer.com.
The Highlands Riverfront will include 22 deed-restricted duplexes and 24 market rate homes. This is not a project of the Town, but through annexation strategies the Town is collaborating with the developer to ensure workforce housing is included.
Upper Blue Sanitation District
The Town of Breckenridge is negotiating with the Upper Blue Sanitation District on an affordable housing project. The Town is committed to public/private partnerships to obtain our target of 47% of the Breckenridge workforce living in our community and a balance of 35% of resident housing and 65% vacation/lodging.