Nuche Village: Affordable Housing in Grand County
Deed restrictions and annual requalification maintain fairness across renters and buyers.
“This isn’t just housing, it’s a community effort.”
“Rooted in Granby. Built for the Community.”
That’s the spirit behind Nuche Village, Granby’s newest affordable housing development created to serve the local workforce: teachers, healthcare workers, first responders, and small business staff.
What’s Being Built
Phase 1 brings:
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75 Rental Units:
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15 × 1-bedroom apartments
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30 × 2-bedroom apartments
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30 × 3-bedroom apartments
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For-Sale Properties:
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21 × 2-bedroom townhomes
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4 × 2-bedroom duplexes
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4 × 3-bedroom single-family homes
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Continue reading below to learn more details.
Pricing & Rent Designed for Real Income Levels
Rentals (Monthly):
| AMI Level | 1‑BR | 2‑BR | 3‑BR |
|---|---|---|---|
| 80% | $1,463 | $1,748 | $2,012 |
| 100% | $1,848 | $2,210 | $2,545 |
| 120% | $2,233 | $2,672 | $3,079 |
| Utilities: +$60 (1BR), +$80 (2BR), +$100 (3BR) | |||
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For-Sale Units:
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Townhomes: $345K–$422K (2‑BR)
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Duplexes: ~$459K
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Single-Family Homes: ~$528K–$547K
Monthly mortgage estimates range from $2,520 to $3,920
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Homes are deed-restricted, with appreciation capped at 3% annually, securing long-term affordability.
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Who Qualifies?
To keep homes affordable for local families, applicants must:
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Work at least 32 hours/week in Grand County or have 5+ years of local employment
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Make the home their primary residence
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Rent eligibility: household income between 80%–120% AMI
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Purchase eligibility: household income ≤180% AMI, with assets under 2× home price, plus mortgage qualification
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Deed restrictions and annual requalification maintain fairness across renters and buyers.
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Timeline & Next Steps
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Construction began: Spring 2025
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Homeownership & rental applications open: June–July 2025
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3rd lottery entry deadline: October 2025
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Move-ins expected: Fall 2025
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Interested? Sign up for updates or download FAQs and floor plans from the Town’s website.
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Backed by Community & American Liberty Mortgage
This isn’t just housing—it’s a community effort. Nuche Village is made possible through partnerships with:
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Fraser River Valley Housing Partnership
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Grand Foundation
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Colorado Division of Housing (DOLA)
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OEDIT, CHFA, and Proposition 123
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Colorado Middle-Income Housing Authority
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American Liberty Mortgage’s Granby Branch Manager, S. Chris Surprenant, is proud to support this vision. He’s guiding applicants through affordable financing solutions, explaining eligibility, and helping with mortgage pre-qualification to help locals access these homes.
American Liberty Mortgage – Now is the Perfect Time.
