Anvil Townhomes
Anvil Townhomes - Development Overview
The SHA believes everyone in our community deserves access to quality built and thoughtfully designed homeownership opportunities in Silverton. We are building move-in ready homes, designed for lasting quality and paired with programs that make homeownership attainable for our community for years to come.
The Anvil Townhomes are 2- and 3-bedroom homes now available for-sale to income qualified households.
Now Accepting Buyer Applications
Building and Site Info
The site plan features two fourplex units and one single-family home with on-site parking and convenient walk-up access. The buildings will be constructed by Fading West Building Systems, a modular manufacturer in Buena Vista that emphasizes quality and efficient building systems. The modular product has been designed to deliver exceptional energy efficiency, which will reduce operating costs for homeowners and comply with Climate Zone 7 requirements.
The Anvil Townhome Development is designed to increase the affordable housing supply in Silverton by 10% in one building season, bringing homeownership opportunities to households that are otherwise priced out of the Silverton housing market.
The Anvil Townhome Development will help fulfill the Town of Silverton's Proposition 123 commitment and aligns with the Town's Compass Master Plan goal of expanding housing choices, opportunities and affordability for the Silverton community.
Location and Accessibility
The design includes one unit built to “visitable” standards with zero-step entries, wider doorways, and accessible bathrooms. Additionally, the unit is adapted for sensory impairment accessibility.
All project materials, advertising, and outreach will be provided in English and Spanish.
Please contact the Silverton Housing Authority if you require translation services or alternative formats to access information about this program. Contact the SHA.
Interested in purchasing a home?
The Anvil Townhome units are now available for-sale to income-qualified buyers.
Applicants must meet the income requirements for the unit they are applying for and be pre-approved for a mortgage at the home's sale price in addition to completing a HUD or State approved homeownership counseling and/or homebuyer education course.
All homes will be subject to affordability covenants designed to keep them attainable for the community. These covenants require that the home be used as the owner's primary residence and limit the resale value with a 1% annually compounding appreciation cap.
If you are interested in applying, check out the application page for more information.
Project Timeline
Project Timeline
- Groundbreaking: September 2025
- Presales: Now
- Certificate of Occupancy: Winter/Spring 2026
Anvil Townhomes Public Meeting Recording
Development Overview
Project History
- Request for Proposals Published 3/12/2024 - 4/16/2024.
- Proposal Review and Award during 6/10/2024 SHA Meeting.
- Signed Predevelopment Agreement with Tributary Development / Fading West Development.
- San Juan County conveyed land to SHA 8/28/2024.
- Awarded $1,097,000 in grant funding from the Colorado Division of Housing and the Colorado Health Foundation.
- Entered into a Development Agreement with Tributary Development July 2025.
- SHA adopted the Anvil Townhome Ownership Program into the Silverton Affordable Housing Guidelines.
- Groundbreaking in September 2025.
- Certificate of occupancy expected Winter/Spring of 2026.
Supporting Partners
This project is made possible by generous local and regional partners committed to bringing affordable homeownership opportunities to Silverton.
Development Partners
The SHA is working with Tributary Development, Fading West Building Systems, and Fading West Construction to bring this project to life.
