The 3-county rural region served by the Telluride Foundation is facing a housing crisis. Our Community Housing Initiative is addressing this challenge through a number of programs.

Rural Homes:

Our Rural Homes Initiative has assembled statewide public, private and philanthropic partners (Colorado Department of Local Affairs – DOLA, Colorado Housing Financing Authority CHFA, Colorado Health Foundation, as well as Developers) to form a Coalition to jump-start the development of affordable housing ownership in our region, aligned and working closely with local residents and communities.  All of the home built are Deed Restricted which protects their affordability in perpetuity.  Developments are underway in Norwood, Ridgway and Ouray. In March of 2023 local families began moving in to Pinion Park, our first affordable housing development in Norwood. To learn more about Rural Homes and the status of each project please visit our Rural Homes Website.

RURAL HOMES – INTRODUCTION VIDEO

Housing Opportunity Fund

Funded through the generosity of many full and part-time residents of the Telluride region our Housing Opportunity Fund (HOF) provides forgivable loans to qualified buyers and renters moving into housing they’ve obtained. These forgivable loans are intended to lend a hand in the form of financial support for those ‘last mile’ housing acquisition costs: down payment or closing costs for buyers, or first/last month rent or security deposit for renters.

Guidelines and the HOF application will be available here on the Telluride Foundation’s website beginning April 1st, 2023. If you need assistance prior to that please visit The Trust For Community Housing  WEBSITE.

For more information on the HOF or the Telluride Foundation’s Community Housing Initiative contact Elaine Demas at elaine@telluridefoundation.org.

Requirements and Guidelines for applying for and receiving funds from the Foundation’s HOF may change periodically based on community demand and resources available.