Salt Flats Project

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An example layout of the Salt Flats project with text on graphic


This project page acts as a platform for community members to be informed and learn about the upcoming next steps for the development of the Salt Flats property.

Project Overview

The Salt Flats Project is more than just housing — it’s about building the future of Grand Junction. This 21.78-acre site, once underutilized, is being transformed into a neighborhood designed to meet the community housing needs.

At its heart, the Salt Flats Project will deliver between 324 and 550 new homes, blending affordable options with attainable and market-rate homes in both rental and homeownership opportunities for local families. This mix is intentional: by combining public investment with private development, the project creates stability for families and seniors while also encouraging new opportunities for local builders, businesses, and investors.

Why It Matters

In recent years, high interest rates and rising construction costs have increased housing costs across the country. Grand Junction has felt these impacts, leaving fewer options for local renters and buyers. The City is removing barriers to development — investing in the infrastructure, planning, and groundwork that make it easier for the private market to deliver homes. This means developers can focus on building high-quality housing that serves a wide range of people in our community.

A Neighborhood for Everyone

Salt Flats is designed to be a place where neighbors can thrive. With plans for a neighborhood park, open space, and its location near bus stops, jobs, and services means residents this development isn’t just about homes — it’s about creating a community. Residents will have easy access to the things that make life in Grand Junction more affordable.

Community-Driven Growth

This project represents a once-in-a-generation chance to guide growth in a way that benefits everyone. By combining affordable housing with private development, Salt Flats strengthens our economy, supports local businesses, and ensures that Grand Junction remains a place where teachers, nurses, first responders, service workers, and young families can live alongside retirees and professionals.

Project History

To help meet Grand Junction’s growing housing needs, the City adopted 13 Housing Strategies, which were reaffirmed and expanded in the 2024 Housing Strategy Update. One key strategy was to use City-owned land, or purchase new land, to support affordable housing development.

At first, this was difficult because the City Charter only allowed land leases of up to 25 years. Affordable housing funding sources typically require much longer leases — 30 to 99 years — to secure financing. To solve this, the City placed Ballot Measure 2B on the Fall 2023 ballot. With strong voter support, the Charter was amended to allow leases of up to 99 years specifically for affordable and attainable housing. This change removed a major barrier and opened the door for projects like the Salt Flats.

Another housing strategy focused on reducing infrastructure costs, which are one of the biggest barriers to building affordable housing. The Salt Flats property — a 21.78-acre site within a larger 33-acre parcel — had long been vacant. It was owned by En-Sim QOF, LLC, a local candy manufacturer, which had planned to keep part of the property for warehouse and office expansion. But the high cost of infrastructure made private development of the northern portion impossible, creating a unique opportunity for City partnership.

In November 2023, the City applied for a Proposition 123 Land Banking Grant through the Colorado Housing and Finance Authority (CHFA) for $2.2 million, paired with a $1 million City match. The grant was awarded in January 2024, allowing the City to move forward with acquisition. A Letter of Intent with En-Sim was signed in April, and the property subdivision was completed later that year.

To support infrastructure needs, the City also applied for the More Housing Now Grant in August 2024, requesting $2 million with an $800,000 City match. That grant was awarded in November 2024, and the purchase of the Salt Flats site was finalized in January 2025.

Shortly after acquisition, the Grand Junction Housing Authority (GJHA) requested that a portion of the site be set aside for a project for them to find a partner. The City honored this request, reserving up to 2.91 acres in the northwest corner. Meanwhile, the City issued a Request for Proposals (RFP) for the rest of the property. By March 2025, 13 proposals were submitted, with developer interviews taking place in April. From this process, four development teams were selected, including one that will serve as the site’s Master Planner.

Detailed information on the selected developers, project timelines, and proposed housing units can be found in the following pages.


Want to Learn More?

Learn more about the Salt Flats project and other current initiatives addressing the unhoused in our community, or to request a meeting with the City of Grand Junction Housing staff at housing@gjcity.org or call 970-256-4081.




This project page acts as a platform for community members to be informed and learn about the upcoming next steps for the development of the Salt Flats property.

Project Overview

The Salt Flats Project is more than just housing — it’s about building the future of Grand Junction. This 21.78-acre site, once underutilized, is being transformed into a neighborhood designed to meet the community housing needs.

At its heart, the Salt Flats Project will deliver between 324 and 550 new homes, blending affordable options with attainable and market-rate homes in both rental and homeownership opportunities for local families. This mix is intentional: by combining public investment with private development, the project creates stability for families and seniors while also encouraging new opportunities for local builders, businesses, and investors.

Why It Matters

In recent years, high interest rates and rising construction costs have increased housing costs across the country. Grand Junction has felt these impacts, leaving fewer options for local renters and buyers. The City is removing barriers to development — investing in the infrastructure, planning, and groundwork that make it easier for the private market to deliver homes. This means developers can focus on building high-quality housing that serves a wide range of people in our community.

A Neighborhood for Everyone

Salt Flats is designed to be a place where neighbors can thrive. With plans for a neighborhood park, open space, and its location near bus stops, jobs, and services means residents this development isn’t just about homes — it’s about creating a community. Residents will have easy access to the things that make life in Grand Junction more affordable.

Community-Driven Growth

This project represents a once-in-a-generation chance to guide growth in a way that benefits everyone. By combining affordable housing with private development, Salt Flats strengthens our economy, supports local businesses, and ensures that Grand Junction remains a place where teachers, nurses, first responders, service workers, and young families can live alongside retirees and professionals.

Project History

To help meet Grand Junction’s growing housing needs, the City adopted 13 Housing Strategies, which were reaffirmed and expanded in the 2024 Housing Strategy Update. One key strategy was to use City-owned land, or purchase new land, to support affordable housing development.

At first, this was difficult because the City Charter only allowed land leases of up to 25 years. Affordable housing funding sources typically require much longer leases — 30 to 99 years — to secure financing. To solve this, the City placed Ballot Measure 2B on the Fall 2023 ballot. With strong voter support, the Charter was amended to allow leases of up to 99 years specifically for affordable and attainable housing. This change removed a major barrier and opened the door for projects like the Salt Flats.

Another housing strategy focused on reducing infrastructure costs, which are one of the biggest barriers to building affordable housing. The Salt Flats property — a 21.78-acre site within a larger 33-acre parcel — had long been vacant. It was owned by En-Sim QOF, LLC, a local candy manufacturer, which had planned to keep part of the property for warehouse and office expansion. But the high cost of infrastructure made private development of the northern portion impossible, creating a unique opportunity for City partnership.

In November 2023, the City applied for a Proposition 123 Land Banking Grant through the Colorado Housing and Finance Authority (CHFA) for $2.2 million, paired with a $1 million City match. The grant was awarded in January 2024, allowing the City to move forward with acquisition. A Letter of Intent with En-Sim was signed in April, and the property subdivision was completed later that year.

To support infrastructure needs, the City also applied for the More Housing Now Grant in August 2024, requesting $2 million with an $800,000 City match. That grant was awarded in November 2024, and the purchase of the Salt Flats site was finalized in January 2025.

Shortly after acquisition, the Grand Junction Housing Authority (GJHA) requested that a portion of the site be set aside for a project for them to find a partner. The City honored this request, reserving up to 2.91 acres in the northwest corner. Meanwhile, the City issued a Request for Proposals (RFP) for the rest of the property. By March 2025, 13 proposals were submitted, with developer interviews taking place in April. From this process, four development teams were selected, including one that will serve as the site’s Master Planner.

Detailed information on the selected developers, project timelines, and proposed housing units can be found in the following pages.


Want to Learn More?

Learn more about the Salt Flats project and other current initiatives addressing the unhoused in our community, or to request a meeting with the City of Grand Junction Housing staff at housing@gjcity.org or call 970-256-4081.



Additional Resources

Affordable housing can be complicated. There are a lot of programs, funding sources, and terms that aren’t always easy to understand, and we want to make sure there’s an opportunity for everyone to learn more.

As you scroll through, you’ll find simple explanations of key terms, programs, and tools that shape how affordable housing works in our community. Feel free to ask questions or suggest other resources you’d like to see added — this is meant to be a space where we can learn together and build a clearer picture of how housing solutions come to life.

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  • Share What is an RFP and Why is it Important? on Facebook Share What is an RFP and Why is it Important? on Twitter Share What is an RFP and Why is it Important? on Linkedin Email What is an RFP and Why is it Important? link

    What is an RFP and Why is it Important?

    14 days ago


    What is an RFP and Why is it Important?

    A Request for Proposals (RFP) is a structured process used by cities and organizations to invite qualified developers, contractors, or service providers to submit proposals for a specific project. Unlike a simple bid, an RFP goes beyond cost—it looks at qualifications, approach, and overall readiness to deliver.

    The RFP process is important because it:

    • Ensures Fairness and Transparency – Every interested party receives the same project details and is evaluated against the same criteria.

    • Encourages Competition and Innovation – Multiple perspectives and proposals help the City find the best mix of... Continue reading

  • Share What is an RFP and Why is it Important? on Facebook Share What is an RFP and Why is it Important? on Twitter Share What is an RFP and Why is it Important? on Linkedin Email What is an RFP and Why is it Important? link

    What is an RFP and Why is it Important?

    14 days ago

    A Request for Proposals (RFP) is a formal process that governments and organizations use to invite qualified developers, contractors, or service providers to submit proposals for a specific project. Unlike an informal request for quotes or bids, an RFP is designed to evaluate not just cost, but also experience, qualifications, and the overall approach a proposer brings to a project.

    The RFP process is important because it:

    • Ensures Fairness and Transparency – All interested parties have the same access to project details and are evaluated against the same criteria.

    • Encourages Competition – By reaching a broad pool of potential partners... Continue reading

  • Share What is an RFP and Why is it Important? on Facebook Share What is an RFP and Why is it Important? on Twitter Share What is an RFP and Why is it Important? on Linkedin Email What is an RFP and Why is it Important? link

    What is an RFP and Why is it Important?

    14 days ago

    A Request for Proposals (RFP) is a formal process that governments and organizations use to invite qualified developers, contractors, or service providers to submit proposals for a specific project. Unlike an informal request for quotes or bids, an RFP is designed to evaluate not just cost, but also experience, qualifications, and the overall approach a proposer brings to a project.

    The RFP process is important because it:

    • Ensures Fairness and Transparency – All interested parties have the same access to project details and are evaluated against the same criteria.

    • Encourages Competition – By reaching a broad pool of potential partners... Continue reading

  • Share Unique Tools for Affordable and Attainable Homeownership on Facebook Share Unique Tools for Affordable and Attainable Homeownership on Twitter Share Unique Tools for Affordable and Attainable Homeownership on Linkedin Email Unique Tools for Affordable and Attainable Homeownership link

    Unique Tools for Affordable and Attainable Homeownership

    20 days ago

    Owning a home has long been a pathway to stability, wealth-building, and stronger local economies. For families, homeownership means predictable housing costs and the chance to build equity that can be passed on to the next generation. For communities, it keeps the workforce rooted close to jobs, schools, and services. Yet today, both low-income and middle-income households are finding it harder than ever to buy a home. Rising construction costs and land prices have pushed homeownership out of reach for many, creating economic strain for families and challenges for employers trying to retain workers.

    To meet this challenge, communities... Continue reading

  • Share Why Explore Equity Partnerships and Parcel Conveyance for Affordable Housing? on Facebook Share Why Explore Equity Partnerships and Parcel Conveyance for Affordable Housing? on Twitter Share Why Explore Equity Partnerships and Parcel Conveyance for Affordable Housing? on Linkedin Email Why Explore Equity Partnerships and Parcel Conveyance for Affordable Housing? link

    Why Explore Equity Partnerships and Parcel Conveyance for Affordable Housing?

    20 days ago

    In many communities, land is one of the most significant barriers to building affordable and attainable housing. Traditionally, cities or government entities have sometimes donated or sold land at a reduced cost to make a project feasible. While this approach can be very effective, it also means the community permanently gives up a valuable asset and receives little return beyond the housing itself.

    An emerging model is the equity partnership combined with parcel conveyance. Instead of giving away land outright, the government contributes the value of its land as an in-kind equity investment. This model is still new in... Continue reading

  • Share Why a 99-Year Land Lease Agreement for Affordable/Attainable Housing? on Facebook Share Why a 99-Year Land Lease Agreement for Affordable/Attainable Housing? on Twitter Share Why a 99-Year Land Lease Agreement for Affordable/Attainable Housing? on Linkedin Email Why a 99-Year Land Lease Agreement for Affordable/Attainable Housing? link

    Why a 99-Year Land Lease Agreement for Affordable/Attainable Housing?

    20 days ago

    In 2023, City of Grand Junction voters approved Ballot Measure 2B, which authorized the City to lease City-owned or purchased land for up to 99 years for the purpose of developing affordable and attainable housing.

    This measure was a critical step in addressing the community’s housing needs. It allows the City to partner with housing developers and nonprofits by providing access to land on long-term leases, rather than requiring the sale of land outright.

    What is Affordable and Attainable Housing?

    • Affordable Housing is typically defined as housing that costs no more than 30% of a household’s income, including rent... Continue reading

  • Share Understanding Private Activity Bonds (PAB) on Facebook Share Understanding Private Activity Bonds (PAB) on Twitter Share Understanding Private Activity Bonds (PAB) on Linkedin Email Understanding Private Activity Bonds (PAB) link

    Understanding Private Activity Bonds (PAB)

    about 1 month ago

    A Tool for Financing Affordable Housing in Grand Junction

    What are PABs?

    Private Activity Bonds (PABs) are tax-exempt bonds issued by or on behalf of local or state governments to finance projects that provide a public benefit, such as affordable housing, infrastructure, or economic development. Because the interest earned by investors is exempt from federal taxes, PABs carry lower interest rates than conventional loans, making them an attractive financing option for projects that serve the community.

    Every year, the State of Colorado receives a federal allocation of PAB authority, called the volume cap, which is distributed to local governments... Continue reading

  • Share What is LIHTC and How Does It Help Create Affordable Housing? on Facebook Share What is LIHTC and How Does It Help Create Affordable Housing? on Twitter Share What is LIHTC and How Does It Help Create Affordable Housing? on Linkedin Email What is LIHTC and How Does It Help Create Affordable Housing? link

    What is LIHTC and How Does It Help Create Affordable Housing?

    about 1 month ago

    Affordable housing projects are often financed through a mix of federal, state, and local resources. One of the most important tools in this mix is the Low-Income Housing Tax Credit (LIHTC) program.

    What is LIHTC?

    The Low-Income Housing Tax Credit (LIHTC) is a federal program created by Congress in 1986 to encourage private investment in affordable housing. Instead of direct government funding, LIHTC provides tax credits to developers who agree to build or preserve housing that is affordable to households at certain income levels.

    Developers sell these tax credits to investors, raising equity (cash) that reduces the amount of debt... Continue reading

  • Share What is Landbanking? on Facebook Share What is Landbanking? on Twitter Share What is Landbanking? on Linkedin Email What is Landbanking? link

    What is Landbanking?

    about 2 months ago

    Land banking is a strategy where cities or nonprofits acquire underused or vacant land and hold it until it can be developed for community goals—like affordable housing. Rather than speculation, this approach allows for strategic, long-term investing in land, enabling developments when conditions align and preserving affordability.

    Colorado’s Proposition 123: A Statewide Model

    Proposition 123, passed by Colorado voters in 2022, channels state funds into housing development.

    • 60% is managed by the Colorado Affordable Housing Financing Fund (via OEDIT and CHFA) for land banking, concessionary debt, and equity.

    • 40% goes to the Affordable Housing Support Fund via DOLA... Continue reading

  • Share PROP 123: What is Means for Grand Junction on Facebook Share PROP 123: What is Means for Grand Junction on Twitter Share PROP 123: What is Means for Grand Junction on Linkedin Email PROP 123: What is Means for Grand Junction link

    PROP 123: What is Means for Grand Junction

    about 2 months ago

    What is Proposition 123?

    In November 2022, Colorado voters approved Proposition 123, which dedicates a portion of state income tax revenue to support affordable housing across Colorado. The program is administered by:

    • CHFA (Colorado Housing and Finance Authority) and OEDIT (Office of Economic Development & International Trade) through the Colorado Affordable Housing Financing Fund (CAHFF), and

    • DOLA (Department of Local Affairs) through the Affordable Housing Support Fund.

    How Can Communities Use It?

    Prop 123 offers funding tools for cities, nonprofits, and housing authorities, including:

    • Land Banking Grants/Loans – to purchase and hold land for affordable housing (Grand... Continue reading

Page last updated: 08 Oct 2025, 11:00 AM