Prop 123 in Summit County
Since 2023, 8 Prop 123 awards have reached Summit County, worth about $6.5M here. That is $205 per resident, the 18th highest of Colorado's 64 counties.
Where it is
Summit County in red, with the rest of the Mountain Resort Counties region shaded.
What the money does here
- Build affordable rentals$1.4M
Low-cost loans and equity for new and preserved rental homes, supportive housing and modular home factories.
- Keep people housed$83K
Emergency rental assistance, homelessness services, youth housing and tenancy support.
- Plan for future homes$5.0M
Land banking, predevelopment and local planning so communities can build more.
3 of these awards serve several counties. Their dollars, homes and households are split evenly among those counties in the totals above.
Awards reaching Summit County
Largest first, at their full amount.
- 101 W. Main St.Land Banking Grant · FY24 · Town Of Frisco$5.0M52 homes
- Wintergreen RidgeLIHTC Gap · FY24 · Gorman & Company$1.4M47 homes
- Advocates of Lake County, IncHomelessness Resolution Program (HRP) · FY24 · shared by 5 counties$50K118 households
- Advocates of Lake County, IncHomelessness Resolution Program (HRP) · FY26 · shared by 5 counties$50K50 households
- Advocates of Lake County, IncHomelessness Resolution Program (HRP) · FY25 · shared by 5 counties$40K20 households
- CERA: Summit CountyColorado Emergency Rental Assistance (CERA) · FY26$21K2 households
- CERA: Summit CountyColorado Emergency Rental Assistance (CERA) · FY25$19K3 households
- Advocates for Victims of Assault, Inc.Homelessness Resolution Program (HRP) · FY24$15K213 households
Local promises
These 5 local governments in Summit County committed to adding 114 affordable homes by the end of 2026, so they can use Prop 123 money.
- Summit County59 homes
- BreckenridgeTownGoal met18 homes
- FriscoTownGoal met16 homes
- SilverthorneTown16 homes
- KeystoneTown5 homes