LOCAL NEIGHBORHOODS

Pinewood 2 was developed on land that was part of a land trade with the National Forest Service. The project was constructed by an LLLP that the Breckenridge Housing Authority participated in. The project received 4% LIHTC and cost $9.7 million. Approximately $335,000 in PIFs and Planning Fees were waived. When units become available, applicants from the waitlist who meet the income criteria are selected. The property is currently operated by a Corum Real Estate Group.
Neighborhood Summary:
# of Units: 45
Density: 15 UPA
Type: Studio & 1bd Apartments
Occupancy: Renter Occupied
AMI Target: 60% AMI
Neighborhood Amenities: Trails, Public Transit, On-Site Gear Storage
Construction Complete: 2016
Restriction Summary:
Income Limits: 60% AMI
Property: Cannot own other property
Rent: No Short Term Rental Allowed
Master Lease: Not Allowed
