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Nuche Village

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Rooted in Granby, Built for the Community

Nuche Village is designed to provide affordable housing options that meet the needs of the local workforce and community. Offering a mix of aprtments for rent, and ownership opportunities with townhomes, duplexes, and single-family homes, the development is structured to ensure prices align with the average median income (AMI) in Grand County. With parks, trails, and shared spaces, Nuche Village will foster a connected and balanced way of living.

A fair application and selection process is being developed, with assistance available for those who need support. More details on applying, eligibility requirements, and property information will be available soon.

 

Sign-up for email alerts and housing updates as more information becomes available! 

 

Need more assistance? Email housing@townofgranby.com

 

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 On this Page 

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Property Information and Pricing

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Eligibility Information

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Timeline

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Frequently Asked Questions

  

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Property Information

Nuche Village LogoNuche Village is located east of US-Hwy 40 between Silverside and the Flying Heels Rodeo. A variety of housing opportunities will be available with chances to both rent and own.

 

Phase 1 Housing Options

  • For Rent: 120 apartment units with
    • (15) 3-bedroom apartments
    • (30) 2-bedroom apartments

    • (30) 1-bedroom/studio apartments 

  • For Purchase
    • (21) 2-bedroom townhomes
    • (4) 2-bedroom duplexes
    • (4) 3-bedroom single family homes 

 

Current pricing (as of March 2025)

Pricing and eligibility are dependent on the applicant's income and how it compares to the Area Median Income (AMI) for Grand County. You can find a table for Grand County's AMI on the Colorado Department of Local Affairs' website

 

For Rent

AMI Income Level: 80%
Number of Bedrooms Unit Size (sq. ft.) Number of Available Units Monthly Rent (subject to change)
1 558 15 $1,463
2 798 10 $1,748
3 1064 2 $2,012 
AMI Income Level: 100%
Number of Bedrooms Unit Size (sq. ft.) Number of Available Units Monthly Rent (subject to change)
1 558 10 $1,848
2 798 15 $2,210
3 1064 10 $2,545 
AMI Income Level: 120%
Number of Bedrooms Unit Size (sq. ft.) Number of Available Units Monthly Rent (subject to change)
1 558 5 $2,233
2 798 5 $2,672
3 1064 3 $3,079 

 

For Sale

AMI levels indicate the maximum income allowed to purchase each home type. 

AMI Income Level Number of Bedrooms Storage Unit Size (sq. ft.) Number of Available Units Target Price/Unit Estimated Monthly Payment
120% 2 Unit off of the patio 1024 21 $385,789 $2,619
130% 2 1 car garage 1280 4 $479,481 $2,791
140% 3 2 car garage 1440 4 $514,052 $3,592

 

Deed Restrictions

Nuche Village offers rental and ownership options starting at 80% AMI. All homes will be deed-restricted, ensuring our community is made up of primary residents with at least one tenant working for a Grand County employer. Appreciation is limited to 3% per year with incremental equity allowed for capital improvements made to your home.

 

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Eligibility Information

Nuche Development was created to support workforce in Grand County and provide affordable options for the residents of our community. To be eligible for a home or apartment in Nuche Village, applicants must meet the following criteria: 

  • One person within the household must work a minimum of 32 hours per week for a Grand County Employer OR have worked in Grand County for at least 5 years prior to retirement. 
  • Be within the indicated AMI level for the home or apartment you are applying for.
  • Must list Grand County as your primary residence. 
  • For rentals:
    • Must reapply every year to continue residency 
  • For home purchases:
    • Total assets of a household must be less than 1.5x the sales price of the home being applied for 
    • Must show proof of mortgage qualification for the home price. 

 

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Timeline

Phase 1 construction begins:  Spring 2025
Applications anticipated to open: June 2025
Applications anticipated to close: July 2025
Lottery drawing: July 2025
Lottery results announced: July 2025
Phase 1 home completions: Winter 2025
Anticipated final signing dates:  August - October 2025
Anticipated phase 1 move in dates: August - October 2025

 

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Frequently Asked Questions (FAQs)

What will be the monthly rent for the apartments?

What does deed-restricted mean?

Are the homes in an HOA (Homeowners Association)?

How do I apply

What are the eligibility requirements to apply?

What will be the cost of home ownership opportunities?