What is a Deed Restriction?

A deed restriction is a covenant that controls the use, occupancy, and sale of the property to ensure that the purchaser and all future owners of these homes are qualified, and the homes remain affordable. All Rural Homes properties are Deed Restricted.

Pinion Park Deed Restriction Details

  1. Self-Qualification Form– Understand the basics of the Pinion Park in Norwood Deed Restriction by filling out this self-qualification form.

  2. Deed Restriction Summary– We strongly encourage you to review this summary of the Pinion Park Deed Restriction

  3. Covenant (Legal Agreement), Full Detailed Guidelines and Application can be found here (the San Miguel Regional Housing Authority Website)

  4. Important Exceptions to the Deed Restriction that are currently in place you should know about:

    1. Certain units can now be purchased by those who earn more than 120% AMI for a slightly higher price. Curious what your AMI is? Check out our calculator here and contact us for mores specific pricing with any questions.

    2. All available Pinion Park homes are considered 2 bedroom houses, meaning they can be occupied by a single-member household (1 person) without needing to rent any rooms.

    3. Buyers do not need to physically work in the Norwood School District. If there are any questions, reach out to SMRHA below.

Questions? Reach out to San Miguel Regional Housing Authority- admin@smrha.org 970-728-3034.

Waterview Homes Deed Restriction Details

  1. Self-Qualification Form– Understand the basics of the Waterview Homes Deed Restriction by filling out this self-qualification form.

  2. Deed Restriction Summary– We strongly encourage you to review this summary of the Waterview Homes Deed Restriction

  3. Covenant (Legal Agreement), Full Detailed Guidelines and Application can be found here (the Impact Development Services Website)

Questions? Reach out to Jim at Impact Development Services (the Deed Restriction Administrator)- jim@impactdf.org 970-541-2617