November 30, 2023
January 17, 2024: Applications for Hideaway Junction have now closed.
These frequently asked questions apply to Hideaway Junction Phase II (new builds).
What is the Hideaway Junction Phase II project?
Hideaway Junction, located at the corner of Telemark Drive and Spur Trail, is a collection of two- and three-bedroom single-family, deed-restricted homes. (Look for new construction on the left side of the road before you hit the railroad tracks on Telemark Drive). The Town is adding 20 homes to this project, known as Hideaway Junction Phase II. Eight of those homes should be ready for purchase in 2024.
The Town installed roads, sidewalks, and utilities with grant assistance from the Department of Local Affairs in 2021. In July 2023, vertical construction began on two of the homes. These homes will be constructed two at a time.
How much will the homes in Hideaway Junction Phase II homes cost?
The homes will have an estimated average price of $460,000 for a three-bedroom home and $420,000 for a two-bedroom home. (Final sales price will be determined by average median income and available interest rates).
Who can apply for a Hideaway Junction home?
Those who are eligible for workforce home ownership must meet the following criteria:
· Must be a full-time resident of Grand County
· Must be employed at least 32 hours a week or 1,200 hours a year for a Grand County-based employer
· Must show a full-time work history in Grand County for three out of the past four years
· Must show proof of mortgage qualification for the home price
You are INELIGIBLE for housing based on the following:
· Currently reside outside of Grand County or work remotely outside of Grand County
· Moved to Grand County or began Grand County-based employment after May 2020
· Household income exceeds the upper-income limit
How do I apply for a Hideaway Junction home?
Applications are open and can be found by clicking this link. Qualified applicants will be selected to purchase a home in an order determined by lottery. Homeownership opportunities in Winter Park have a tiered lottery system. All applicants within the first tier will be offered housing before moving on to the second and then third tiers. Applications close on January 16 at 5 p.m.
When will the homes be ready for move-in?
Homes are being constructed two at a time. We anticipate their completion in late spring of 2024.
What if I still have questions?
If you still have questions, please contact our Assistant Town Manager, Alisha Janes, at housing@wpgov.com. You can also watch our general Housing FAQ videos.
What other affordable housing projects is the Town of Winter Park working on?
More information about the Town’s affordable housing projects can be found on our Community Housing Information & Resources page. There, you can read our 3-Year Housing Plan, learn about existing and future projects, and read other reports and assessments related to affordable housing in our area.
