Fox Creek is a new development in Steamboat Springs containing 30 deed-restricted, affordable housing condominiums, designed for families and homeowners with low to moderate incomes.
The ribbon-cutting marked the culmination of three years of work by the Yampa Valley Housing Authority, which planned, managed and spearheaded funding for the $6 million development.
Most Fox Creek residents will close on the purchase of their new homes later this month. Most of the units at Fox Creek have two bedrooms and two bathrooms. With grant assistance, all homebuyers will pay less than $200,000.