BASALT – More affordable housing is in the works in the western Colorado town of Basalt, including units that would go to teachers.
The Aspen Times reports that officials backed moving ahead with two developments on Tuesday night.
One is a joint effort by Habitat for Humanity, the Roaring Fork School District and Pitkin County. They plan to build 27 units on school land and sell 15 to teachers. The rest would be sold to qualified employees of Pitkin County.
The second would have as many 25 deed-restricted units and 88 homes that would be sold at market prices. The market-prices homes will be small so the developer hopes some will be relatively affordable, selling for about $500,000.
A version of that plan was approved in 2009 but stalled during the Great Recession.
