Flat Creek Apartments at 400 West Snow King Avenue

400 SK rendering

This partnership with BlueLine Development and Snow King Partners will result in 48 Affordable Rental units serving households earning 30-60% of median family income, or less than $66,420 for a family of three. The Town is providing the land for the development via a long-term ground lease + $2,250,000. 

This is the first development to receive Low-Income Housing Tax Credits (LIHTC) since 2003. Total allocations awarded:

  • LIHTC: $12,940,099
  • HOME: $1,455,000
  • NHTF: $860,000

Groundbreaking: Spring 2023

# of Units: 48 apartments, mix of one, two, and three-bedroom 

Affordability: <60% MFI