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Anvil Townhomes

Anvil Townhomes Development

Anvil Townhomes Interest List

The Interest List for the Anvil Townhomes Ownership Program is now open. 

This is a preliminary interest list to initiate communication with interested applicants and support financing applications for the development. Joining this Interest List is optional and does not replace or enhance your official application for the Anvil Townhomes Homeownership Program.

*Disclaimer: The Silverton Housing Authority does not represent, warrant, or promise to construct, finance, or otherwise produce, in whole or part, any housing units pursuant to this Interest List. Additionally, participation in the Interest List does not guarantee eligibility for the program, the availability of housing units, or any specific terms of sale. The development of the Anvil Townhomes is subject to funding, regulatory approvals, and other conditions that may impact the project's timeline, feasibility, and ownership requirements.

 

Development Overview

Project History
  1. Request for Proposals Published 3/12/2024 - 4/16/2024.
  2. Proposal Review and Award during 6/10/2024 SHA Meeting.
  3. Signed Predevelopment Agreement with Tributary Development / Fading West Development.
  4. San Juan County conveyed land to SHA 8/28/2024.
  5. Currently: Applying for funding to subsidize project. 

Aerial view of the Anvil Townhome Site Plan. The left side of Martha Rose has 4 units with 4 parking spaces facing. The right side of martha rose street has 4 units and 4 parking spaces. Behind those units is a single family home fronting 5th street. The rendering includes sidewalks and trees.
Anvil Subdivision Lots 16 (right) and Lot 17 (left) are proposed for the project. San Juan County conveyed property to SHA on 8/28/2024.

Building and Site Info

Aerial view of the Anvil Townhome Site Plan. The left side of Martha Rose has 4 units with 4 parking spaces facing. The right side of martha rose street has 4 units and 4 parking spaces. Behind those units is a single family home fronting 5th street. The rendering includes sidewalks and trees.

The proposed site plan features two fourplex units with on-site parking and convenient walk-up access, along with one single-family home. The buildings will be constrhttps://www.fadingwestdevelopment.com/ucted by Fading West, leveraging modular manufacturing techniques to ensure efficiency and quality. 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. Each unit is designed to be fully electric and will include radon mitigation systems to enhance indoor air quality and tenant health.

Conceptual drawing of the 4-plex. The units are two stories with covered front porches.

A table showing the AMI levels and unit bedroom count. There will be one unit with three bedrooms at 140% AMI, 3 units at 100% AMI with 2 bedrooms, 2 units at 100% AMI with 3 bedrooms, and 3 units at 80% AMI with 2 bedrooms.

The Anvil Townhome Development is designed to increase the affordable housing stock 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 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.

Eligibility for the Anvil Townhomes will be based upon the unreleased 2025 Area Median Income Levels of San Juan County, expected to be released in Spring of 2025. The 2024 AMI Limits for San Juan County can be viewed Here

Location and Accessibility

The development is located in the Anvil Mountain Subdivision, a mixed income housing neighborhood annexed into the Town of Silverton in 2023. The neighborhood is located within Silverton’s one-square-mile town boundaries, ensuring convenient access to essential amenities. Schools, parks, grocery stores, healthcare facilities, and other vital services are all within one mile of the project site. Additionally, the development borders county-owned and federal lands, providing residents with direct access to recreational trails and outdoor opportunities, further enhancing the livability of the location. This combination of convenience and connectivity makes the project location ideal for current and future residents.

The development's design features include two units meeting "visitable" accessibility standards, including zero-step entries, wider doorways, and accessible bathrooms to accommodate those with mobility needs. One unit will be tailored for sensory impairments, offering features like tactile cues and visual or vibrating alerts. 

All project materials, advertising, and outreach will be in English and Spanish.

An aerial image of Anvil Mountain Subdivision looking West with Kendall mountain and the town of Silverton in the background. The Anvil Townhome sites are marked.
Project Location in Anvil Mountain Subdivison

Project Timeline

Current Status: Funding and Finance Acquisition

Next Steps: 

  1. Groundbreaking: May 2025
  2. Anticipated Waitlist Application opening: May 2025
  3. Modular Construction: Summer 2025
  4. Presales: Summer 2025
  5. Certificate of Occupancy: Fall 2025

Interested in owning a Townhome?

The Interest List for the Anvil Townhomes is open! 

Join the Interest List.

This is a preliminary interest list to initiate communication with interested applicants and support financing applications for the development. Joining this Interest List is optional and does not replace or enhance your official application for the Anvil Townhomes Homeownership Program.

If you have further questions about the development / eligibility standards, you can email the Silverton Housing Authority or schedule a meeting appointment

Anvil Townhomes Public Meeting Recording