Community Partner Program

Baseline: Buyers must meet the Eligible Household criteria in the Eagle County Affordable Housing Guidelines: Administrative Procedures.

Partner overlays: Additional buyer criteria may apply based on the Community Partner agreement. Examples include:

• Municipal partners: The buyer may need to be a resident of, or employed within, the partner jurisdiction, if required by the agreement.

• Employer partners: The buyer must be a current employee of the partnering business; the agreement may specify tenure, hours worked, or position requirements.

• Sector partners (school, fire, health, or recreation districts): The buyer may need to be employed by or serve within the partnering district.

Baseline: Properties must be located within Eagle County, be used as the buyer’s primary residence, and not already be deed-restricted.

Partner overlays: Property eligibility may be further limited by the Community Partner agreement. Examples include:

• Jurisdictional boundaries: Properties must be within the partner’s boundaries (for example, Town of Avon).

• Geographic focus: Properties limited to specified neighborhoods or service areas (for example, Eagle Ranch Housing Corporation).

• Property types: Certain housing types may be prioritized or excluded.

The maximum purchase price for Eligible Properties is $1,250,000.

Price Capped Deed Restrictions preserve long‑term affordability by limiting resale price growth and ensuring homes remain available to local households. By capping appreciation and administering resales, the program keeps purchase prices aligned with local incomes while still allowing owners to build reasonable equity.

• Future resale price appreciation is capped between 0–3% simple interest annually.

• The Program Administrator facilitates resale and approves future buyers.

• Policy for permitted capital improvements applies.

• A 2% brokerage fee applies to resales.

• Requires annual recertification.

The program provides matched funding at closing to reduce the purchase price for eligible buyers.

• Eagle County Housing and Development Authority payment of up to 15% of the purchase price.

• Community Partner matching payment of up to 15% of the purchase price.

• Up to 30% total assistance, capped at $375,000.

• Buyers must contribute a minimum 3% down payment, excluding other assistance programs.

• Funds from the Eagle County Housing and Development Authority and the Community Partner are wired to the title company in accordance with closing instructions.

These program-wide requirements apply to all purchases using the program.

• Buyers cannot own other residential real estate while owning a deed-restricted property.

• Deed restrictions are perpetual and require annual recertification of eligibility.

• Applications may be denied if the property or purchase agreement does not meet program standards or is not in the best interest of the Eagle County Housing and Development Authority.

• The Community Partner Program is compatible with Eagle County down payment assistance and most community and employer down payment assistance programs.