Basalt Vista Affordable Housing Community
To address the affordable housing crisis for teachers and others essential to our community, Habitat for Humanity RFV, Roaring Fork Schools, and Pitkin County have come together in an innovative and unprecedented community collaboration to build 27 homes behind Basalt High School.
We’re making homeownership possible for teachers and other essential workforce families
The wide gap between our region’s housing costs and actual wages makes it difficult to recruit and retain the people who help make our community safe, healthy, and thriving. Teachers are among those most impacted by this lack of affordable housing. Too often, educators end up leaving the Valley when they find they can’t make ends meet or that owning a home is out of their reach.
This problem extends to others essential to our local workforce: from first responders and healthcare workers to hospitality and retail staff to tradesmen and small business owners. To attract and retain essential personnel in our region, we need to address this critical need. If our workforce doesn’t have stability, neither does our community.
We’ve made Basalt Vista homes are affordable to buy
The median home price in Pitkin County is three times more than other Colorado counties, making the availability of affordable Basalt Vista homes all the more critical for teachers and other workforce families.
- 2-, 3- and 4-bedrooms (1,150-1,675 sq. ft.)
- Home prices: $270,000-$370,000
- Home prices are determined by family income and size of household, therefore the same size unit may have different selling prices.
- The homes are deed-restricted to 3% annual appreciation on the purchase price to ensure affordability for the next family while still allowing for some equity/appreciation for the initial buyer.
Basalt Vista homes are also affordable to own
Basalt Vista homes be affordable to own and maintain. Each home will be net-zero—they will generate more electricity than they use, resulting in utility bills that are significantly less than comparable homes.
Instead of direct fossil fuel (e.g. propane and natural gas), Basalt Vista homes will be electric-powered in a way that reduces overall emissions and energy costs. Heating/cooling and water-heating systems will feature electric technology compatible with the solar electricity generated on-site.
The first four homes served as a learning lab for Holy Cross Energy to prove their theory that it can be less expensive to vary consumer demand than it is to adjust power plant production. This requires homes to get a lot smarter if they are to be a meaningful part of a future 100% renewable energy grid.
But, we need your help
While Basalt Vista has generated an incredible level of enthusiasm and support, we still need to raise $2,000,000. Basalt Vista is home to essential members of our community who make a difference in our daily lives as educators, first responders, office admins, and other vital workforce professions. This is your opportunity to give these families not just a place they can raise children, pets, and gardens, but the peace of mind to establish roots in the community they serve.
Your gift or multi-year pledge will directly support:
- The construction gap of $115,000 per home
- A community playground to be built by volunteers
- Lessen the impact of daily utilities through our net-zero modalities
To learn more about how you can help make the dream of homeownership a reality for a local family, please contact:
Thank you to our collaborative partners!
Each Basalt Vista home is a labor of love built by Habitat construction staff, subcontractors,volunteers and the homeowners themselves. In the same spirit of collaboration and partnership,numerous other local companies and organizations are actively involved to makethis dream a reality.
WHAT PEOPLE ARE SAYING ABOUT BASALT VISTA
“Today I got to see the future (and present!) of affordable housing at Basalt Vista.It was inspirational to see this amazing net-zero energy affordable housing.It’s a true model for Colorado and our country.”
JARED POLIS, Governor of Colorado
“Affordable housing for teachers and other staff members is one of our most vitalneeds as a school district. We are so grateful for all the partners involved in theBasalt Vista project, with special kudos to Habitat RFV, who showed amazingleadership in convening the partners and spearheading the project.”
ROB STEIN, Superintendent, Roaring Fork Schools
Help us make homeownership possible for the people who serve our community
Your gift will promote and inspire fulfilment in the lives of Habitat homeowners,which in turn translates into the health and happiness they give back to all of us as fellow RoaringFork Valley neighbors.