Housing and shrinking budgets were the talk of town today at CMC Breckenridge, where seven local town and county managers met for the annual managers summit.
More than 80 people attended the summit, hosted by Altitude Realtors and The Summit Chamber.
Frisco’s Tom Fisher shared fresh news about the town’s biggest commitment yet to affordable housing. Town council last night approved more than 120 units of low and middle-income housing at 602 Galena Street, in partnership with the not-for-profit NHP Foundation.
Frisco has owned that property since 2022, when it paid the state nearly $2.5 million for less than one acre. That site had been home to the Colorado Workforce Center since 1984.
Climax in Silverthorne
In Silverthorne, just off Highway 9, Climax Molybdenum is renting a crane for digging of a different kind: The mining company is building employee housing next door to the town’s Fourth Street Crossing development.
Hyland admits the town is having a hard time renting affordable studios and one-bedroom apartments. Most people up north want three bedrooms or more, he says.
In Breckenridge, town manager Shannon Haynes is having the opposite problem. Affordable apartments have a waitlist, while some larger affordable homes sit vacant.
Dillon on ‘chaos’
Dillon town manager Nathan Johnson did not sugar-coat recent turmoil at town hall, where three sitting councilmembers were recently booted in the town’s historic first recall election.
Johnson summed up the morning when he said, “Town expenses are growing and revenues are shrinking.”
Dillon’s new councilmembers won after vocally bashing plans for downtown redevelopment. Now, the town is looking at creative ways to make up shrinking revenue, like a possible ticket tax at Dillon Amphitheater.
Concert promoter AEG already charges nearly $22 per ticket for Dillon shows.