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Ulysses Development Group is a for-profit, affordable rental housing developer with a national portfolio. For decades, Eagle Villas was one of the few income-restricted housing options in the town of Eagle and Eagle County offering housing stability in a region with rising rents and limited supply. By late 2023, affordability protections on 100 of the 120 units were set to expire and the property was listed as a market-rate conversion opportunity. Ulysses partnered with the Eagle County Housing & Development Authority to acquire and preserve the property, and paid market price since the expiration of affordability restrictions drives up the market value of a property. Read the full case study: www.enterprisecommunity.org/learning-center/resources/housing-lasts-ulysses-development-group-case-study Learn more about preservation in Colorado: www.enterprisecommunity.org/learning-center/resources/housing-lasts-capital-tools-and-processes-needed-preserve-affordability