Telluride Foundation Equity Share Down Payment Assistance
Up to 20% of purchase price in down payment assistance (max: $50,000 in the town of Rico in Dolores County). Income limit up to 150% AMI. Borrower must work full-time in the Telluride Service Area (San Miguel, Ouray, west Montrose, Rico) for 12+ months. Max home price $850,000. Primary residence only. Loan repaid upon sale or refi, with shared appreciation unless repaid in 36 months. Homebuyer education required.