Transformational Affordable Housing Grant
7 Hermits at Haymeadow

We’re thrilled to announce that we have been awarded a Transformational Affordable Housing Grant (TAHG) from the Colorado Department of Local Affairs (DOLA)! This grant is part of a statewide initiative led by the Division of Housing (DOH) and overseen by the  State Housing Board, whose members are appointed by the Governor and confirmed by the Colorado Senate.

The TAHG program is expected to create approximately 1,300 affordable housing units across Colorado, and we’re proud to contribute to this effort. Thanks to this grant, 4 of our 43 two-bedroom, two-bath condominiums at Haymeadow will be even more affordable, making homeownership more accessible for qualified buyers.

Learn more about Haymeadow.

Driveway leading into Haymeadow

AVAILABLE TAHG UNITS

The following units are currently reserved under the TAHG program:

  • E201: $368,649 - Reserved

  • E202: $387,053 - Reserved

  • E203: $443,223 - Reserved

  • E204: $443,223 - Reserved

While these units are already reserved, we welcome new applicants as potential backups. However, we cannot guarantee placement into one of these units.

For more information, please explore the real estate listings for our TAHG units on The Valley Home Store website.

INCOME QUALIFICATIONS

To qualify for these affordable units, your household income must not exceed 120% of the Area Median Income (AMI) in Eagle County. Below are the income limits:

  • 1-person household: $109,320

  • 2-person household: $124,920

  • 3-person household: $140,520

  • 4-person household: $156,120

Rendering of Haymeadow PUD

WHO IS ELIGIBLE?

To qualify for a TAHG unit, households must meet the definition of an Eligible Household as outlined in the Eagle County Housing Guidelines: Administrative Procedures. Here’s a summary of the key requirements:

Employment

  • At least one household member must work in Eagle County for at least 30 hours per week, earn most of their income in Eagle County, or have been hired for a full-time job in the area.

  • Retirees and individuals with disabilities who previously worked in Eagle County may also qualify.

Real Estate Ownership

  • Households cannot own other real estate at the time of purchase.

HUD-APPROVED HOUSING COUNSELING

Applicants are required to complete a HUD-approved Homebuyer Class within 10 business days of their selection.

  • Selected applicants are responsible for choosing and paying for an approved class.

  • A copy of the completion certificate must be provided to the program administrator.

Rendering of great room and kitchen
Rendering of bedroom with window

HOW TO APPLY

Ready to take the next step toward homeownership? Applications are now open!

To apply, please complete the TAHG Application Submission Form and gather the following documents:

  • Completed Application Packet

  • Valid government-issued identification

  • Verification of income

  • Verification of assets

  • A mortgage prequalification letter

Be sure to review all eligibility requirements before submitting your TAHG Application Submission Form.