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- Flat Creek Apartments at 400 West Snow King Avenue
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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:
Groundbreaking: Spring 2023
# of Units: 48 apartments, mix of one, two, and three-bedroom
Affordability: <60% MFI