YES Deed Restriction Program

No appreciation cap, no income cap and no household size requirement on deed restrictions!

Help the Town of Mountain Village add more deed-restricted inventory to the market and deed restrict your property.

The Your Equity Support (YES) Incentive Program, the Town’s new deed-restriction purchase program, is designed to incentivize those purchasing property in Mountain Village, as well as current homeowners, to deed restrict their property to expand the permanent pool of housing for full-time residents and promote affordability to purchase a home in Mountain Village.

How does the YES Program work?

The YES Program is a deed-restriction purchase program whereby the town will pay homeowners a portion of the home's value (15-20% of the appraised value of the property, not to exceed $200,000) in exchange for placing a deed restriction on the property. This would require that the home be occupied by people working 1,560 hours or more per year within the R-1 School District Boundary. These occupants can either be owners or long-term renters.