Town Buy-Backs Update Deed Restrictions On Bywater Homes
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Description
The Town is intervening in the resale of Bywater Construction’s deed-restricted homes by purchasing and re-deeding units like 16 Ninth to add income and asset limits and a municipal right of first refusal. These updates aim to ensure the homes continue serving households not reached by the private housing market.
Contract Details
Vendor
BYWATER CONSTRUCTION
Agency
Town of Crested Butte, CO
Contract Type
OTHER
Document Date
April 6, 2026
Contract Term
2018–2020 original sales period; Town purchase and resale cycles in 2024–2026
Renewal Info
Ongoing series of individual purchase and resale transactions as owners choose to sell; not a renewal of the original construction contract.
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