Affordable Housing in a Resort Town
Community workforce housing has been an issue in Park City since the early 1990s. In 1995 Park City adopted its first set of housing policies defining incentives to create and preserve affordable housing. Today, Park City promotes quality housing opportunities for persons of all economic levels as a key element of community sustainability. Key information and reports are linked below:
There are currently 497 affordable units in Park City (80% rental and 20% owner-occupied). Projects in development will increase this number to 621 over the next five years.
Who Lives in Affordable Housing in Park City?
A profile of residents living in deed-restricted properties can be summed up as those essential workers who keep Park City running as a World Class Resort destination: ski resort employees, teachers, police officers, city employees, artists, property management businesses, waiters/waitresses/bartenders, nonprofit employees, and local bus drivers, just to name a few.
Video highlighting the unique role of affordable housing in Park City.
This video produced in by Mountainlands Community Housing Trust profiles some of the individuals and families who live in affordable housing in and around Park City.
Housing staff conducts an annual survey of the persons living in the deed-restricted units in Park City. Owners receive a letter and must return a signed and notarized affidavit reporting the current rent being charged or, in the case of owner-occupied units, owners must return a signed and notarized form to verify that they continue to maintain the deed-restricted unit as their primary residence.
Annual rent increases are based on CPI adjustments in April of each year. The City publishes the percentage of increase on this webpage.
Allowable Rent Increase in April 2018 is 2.8%
2018 Payment In Lieu of Development Fee is $336,600 per Affordable Unit Equivalent
All sales and resales of deed-restricted units must be processed via the City.** The City holds the right of first refusal when a deed-restricted property is sold. Housing staff is also prepared to assist in the sale of these homes and maintains a list of interested households. Please find a checklist for the sale of deed restricted property attached. Recorded Deed Restrictions can be found for all properties within Park City’s city limits attached as hotlinks at the end of this page. They are also available on the Summit County Recorder’s webpage.
** There is one exception. The Line Condominiums are deed restricted to the benefit of Mountainlands Community Housing Trust who monitors compliance on those 22 units (www.housinghelp.org).
A sampling of deed restricted properties is listed below. To see a complete list of properties, click here.
1. Snow Creek Cottages – 13 units built by Park City Municipal Corporation in 2010, currently 100% owner occupied. To learn more about these award-winning green homes, go to the Snow Creek page.
2. Deer Valley/Empire Pass Area – 42 units put in service between 2006 & 2013 by various developers, currently 2% owner occupied and 98% rental.
3. Silver Meadows Estates – 49 units built by PSC Development in 1996, currently 43% owner occupied and 57% rental.
4. 1465 Park Avenue – eight units built by McIntosh Mill Ltd in 1998, currently 38% owner-occupied and 62% rental.
Future affordable housing projects that are currently in the works in Park City include:
- Park City Heights – 79 units
- Talisker – 10 units on Marsac Avenue
- 1440 Empire Avenue - 9 units for Seasonal Employees
- Transit/Seasonal Units - 13 units for Park City Transit employees
If you would like to be added to an email list to receive news about resales of deed restricted units, please send your contact information to email@example.com. Also, send your contact information to firstname.lastname@example.org to receive information about affordable sales in Snyderville Basin and other parts of Summit County.
Recorded Deed Restriction documents linked below:
- 1465 Park Avenue
- Arrowleaf Lodge
- Black Rock
- Central Park City Condominiums
- Ironwood at Deer Valley
- Park City Heights
- Prospector Square
- Retreat at the Park
- Silver Meadows Estates
- Silver Star Original & Amendment
- Silver Strike
- Snow Creek Cottages
- St. Regis
Community Housing Resources
If you are looking for affordable housing in Park City, the following nonprofit organizations can provide assistance in your search for affordable rental or homeownership opportunities.
Habitat for Humanity, Summit & Wasatch Counties, is a nonprofit housing organization that builds and sells modest homes to low-income families at no interest. They welcome the community to join us as we build simple, affordable houses in partnership with those who would most benefit from more adequate shelter. In order to make the homes affordable, HFH arranges for donated labor and materials and varies the term of the mortgage. Volunteers work side-by-side with recipient families, who invest hundreds of hours of "sweat equity" into their homes and the homes of others. Habitat for Humanity builds more than houses -- it builds homes, enriches lives, and strengthens communities.
Mountainlands Community Housing Trust believes that a safe affordable home is often a family’s first step toward economic self-sufficiency. MCHT addresses the dual problems of housing affordability and availability on three fronts: acquisition and new construction of affordable housing, direct assistance in securing housing and needed basic services, and education and advocacy to promote housing policy.
The Christian Center of Park City is a non-denominational resource facility and user-friendly contact point for religious, social, and humanitarian services to the community. For the past eight years the Christian Center has provided food five days a week to our community through its Food Pantry. The Christian Center Thrift Shoppe is a great place to buy household furniture and other items at a fraction of the cost. And, every winter, hundreds of international students come to Park City to work the local resorts. The Christian Center provides assistance to these seasonal student workers in locating housing and hosts a free international dinner every Tuesday evening from January to March.