Buffalo Ridge II is a 176-unit workforce housing development spread across eleven buildings in Avon, Colorado. The project was built primarily in partnership with the Colorado Finance & Housing Authority (CFHA) and the Federal Department of Housing and Urban Development (HUD) where the targeted area median income levels for the project were 80%. Corum worked closely with the Town of Avon to facilitate the utilization of private activity bonds from the State, 6320 sponsorship and bond issuance from the town and the implementation of Low Income Housing Tax Credits as well. With the help of this collaborative financing, the project was able to open in 2003.
The project was designed to maximize visibility and take advantage of the topography by having garage parking on the north side and a single-loaded corridor with all the units facing south for maximum efficiency, livability, and views. Since its opening, the community has maintained above-average occupancy rates and served the workforce housing population well.
