Brand-New Homeownership for Craig’s Workforce

Modern, energy-efficient homes built for the people who power Northwest Colorado.

The Townhomes at 8th Street offer 18 new homes for purchase in downtown Craig—12 two-bedroom and 6 three-bedroom units—built with energy efficiency, affordability, and local families in mind. With fenced yards, covered patios, all-electric systems, and EV-ready parking, these townhomes are ideal for educators, nurses, public employees, hospitality workers, and anyone looking to put down roots in our community.

Starting at just $235,000, these homes are available now to income-qualified buyers.

Who Qualifies:

These homes are reserved for individuals and families earning 80 to 140 percent of the Area Median Income (AMI). This includes essential workers and middle-income professionals living or working in Moffat County and nearby areas such as Steamboat Springs.

Why Buy Here:

• Affordable pricing well below market rates
• All-electric homes with low utility costs
• Built-in long-term stability with resale protections
• Walkable access to schools, grocery, parks, and employment
• Designed for the people who live and work in this region

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Deed Restriction Quick Facts

• The townhomes must remain affordable to income-qualified buyers for thirty years.
• The townhome must be your permanent residence.
• If you decide to sell your townhome, you must sell it to a buyer whose household income does not exceed 140% of the median household income in Moffat County.  Click here to see the 2025 AMI limits for Moffat County
• The maximum resale price of the townhome is the lesser of appraised value or the cap. The cap is tied to increases in median household income for Moffat County. 

Resale Price Info.

1. the Base Price, plus

2. an amount equal to the Base Price multiplied by the total percentage of increase, since the Effective Date, in the AMI Eligibility Threshold, plus the depreciated value of Capital Improvements, which the Program Manager shall determine.

For Example:  In 2010, a family of two earning 120% AMI in Moffat County earned $55,680 and the median home price was about $150,000. In 2025, a family of two earning 120% AMI in Moffat County earned $97,920 and the median home price was about $262,000. During that fifteen-year period, AMIs and home prices both increased by about 75%. So, the homeowner who bought the house with the appreciation cap could sell it for exact same price as a house without the appreciation cap that sold at its appraised value.

Getting started is easier than you think. The first step is to confirm your eligibility and learn more about the program details. 

Reach out to Laura Skowronski at lskowronski@cityofcraig.org or 970.826.2041. She will be glad to walk you through the process and answer questions.

Once connected, our team will:

• Verify your eligibility and explain the next steps
• Help you connect with local lenders, including down payment assistance options
• Guide you through submitting a purchase offer, with homes available on a first-come, first-served basis

The most important thing is to take that first step. By starting the conversation today, you’re moving closer to the opportunity of owning a new home in Craig.

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