Mosaic, a Modular Home Company with a Vail Connection, Hosts Polis for Innovative Housing Bill Signing

The Mosaic-Housing team joins Governor Polis Friday in Grand Junction at the site of a future modular home mega-factory where Bill 22-1282 was signed into law. Left to right: Rick MacCutcheon, Ted Steers, Matt Prinster, Governor Jared Polis, Stuart Borne, Chris Isom, Calvin Tran.

Mosaic-Housing, a Grand Junction modular home factory with a Vail connection, issued the following press release Friday after Colorado Governor Jared Polis signed a housing bill at its facility. Vail’s Ted Steers is Mosaic’s executive vice president and chief sales and marketing officer:

GRAND JUNCTION, Colorado – May 20, 2022 – On this chilly May morning, Governor Polis, along with many other elected officials from across the state, gathered at the future site of Mosaic-Housing’s modular home factory to sign Bill 22 into law. -1282, the Innovative Housing Incentive Program.

The program allows a Colorado-based company that manufactures certain types of housing to apply for funding. Funding can go to manufacturers such as Denver’s Mosaic-Housing to encourage modular housing that supports state goals for affordability, energy efficiency and high quality.

“We are grateful to Governor Polis for choosing our 234,000 square foot site which will be the future home of our modular home factory, in conjunction with apartments, townhouses, commercial, commercial and hotel properties, for this momentous signing ceremony,” said Stuart Borne, Managing Director of Mosaic-Housing.

Mosaic-Housing builds the most efficient and modern automated modular home factory in the country. This will be the fastest and cheapest installation in the United States. Modular construction can save 20% of the construction cost, and the Mosaic factory is expected to produce 300% more modules than a similar-sized traditional interior construction factory currently operating in the United States. The plant will also create 160 highly skilled jobs. .

This carbon-neutral manufacturing facility, in a Grand Junction Opportunity Zone setting, will have the capacity to produce 100 homes, 150 townhouses, or an entire apartment building each month.

Ted Steers, Executive Vice President and Chief Sales and Marketing Officer of Mosaic, said, “We are very excited about what I consider to be a public-private company where the incentive program funding opportunity to Innovative Housing will ensure that we can help manufacture and deliver much-needed, safe, quality housing to communities across the state. Steers added that Mosaic Housing is in the process of raising the remaining private sector equity capital needed to kick-start construction of the facility.

The Governor during his speech was graced with the backdrop of the Grand Mesa and renderings of the Mosaic-Housing mega-factory. This undeveloped land is located west of the Mesa Mall, along Highwat 6 and 50, and south of I-70, G Road and the Community Hospital.

Here is part of a state press release about the signing of the housing bill:

Earlier today in Grand Junction, Governor Polis signed the Innovative Housing Incentive Program (HB22-1282), which invests in building more affordable, high-quality modular and 3D-printed homes. The bill has been signed on the future site of the Mosaic Housing construction plant, which will add local workers to the payroll to create housing opportunities at 20% lower costs for on-site construction on the west slope and for the deployment of modular homes in communities across the state.

Here’s what local officials and housing officials are saying about this groundbreaking housing program:

“The lack of affordable and accessible housing has become a crisis in many Colorado communities, a crisis we feel keenly here in the Grand Valley. The only way to solve this problem is with the innovation our state is known for and we are thrilled to welcome this facility to our community and grateful to Colorado lawmakers for this innovative housing incentive program bill. who will help set up these units and begin to close the housing deficit,” said Mayor Anna Stout, City of Grand Junction.

“Housing affordability is a critical issue for Colorado communities, including ours; this incentive for innovative methods of housing manufacturing will allow the public and private sectors to work together to reduce the cost of housing for every Colorado resident,” said Mayor Pro Tem Abe Herman, City of Grand Junction.

“HB 1282 is truly transformational. Its impact on rebuilding the state’s manufactured housing industry will be significant. Supporting the launch of new factories across the state will help counties like Summit quickly build the affordable, climate-friendly housing that is so desperately needed, said Tamara Pogue, Summit County Commissioner and county representative on the Affordable Housing Transformation Task Force.

“Colorado is experiencing a housing crisis that COVID 19 has amplified. We are at a crisis point where it will take not one creative solution but many to ensure our neighbors in Colorado can have a safe and affordable place to call home. HB22-1282 is an important part of the creative solutions the state has prioritized this year,” said Karen Kallenberg, executive director of Habitat for Humanity Colorado.

“As an organization using innovative housing solutions to increase affordable housing stock, Habitat for Humanity of Colorado appreciates the state’s investment in HB22-1282.” “The Colorado Municipal League is thrilled to see HB22-1282 enacted. The League supported the legislation because it will provide multiple benefits to Colorado municipalities through job creation and increased housing supply” , said Meghan Dollar, legislative advocacy manager for the Colorado Municipal League (CML).

“Modular housing and other innovative housing has the potential to fill a significant gap we currently face in Colorado’s housing market, and this bill presents a much-needed cash injection into our nation’s manufactured housing industry. state that will help position Colorado as a leader in this space, and expand the portfolio of desperately needed affordable housing options in the state,” said Matt Scherr, Eagle County Commissioner and Vice Chairman of the Land Use and Natural Resources Steering Committee for Colorado Counties, Inc. (CCI).

“The Innovative Housing Incentive Program created by HB22-1282 is an opportunity for Colorado to be a national leader in the development of affordable, energy-efficient housing. The affordable, pre-engineered housing created by this program will be a welcome solution to the crisis we are facing locally to house our workers and their families. Energy efficient housing is also a key climate change mitigation solution. Many thanks to the sponsors and Governor Polis for this creative and smart approach for Colorado, said San Miguel County Commissioner Hilary Cooper.

“When Colorado leads the country in driving innovative policy that creates new affordable housing units across the housing continuum, but also brings new jobs to our state, that’s a win- a winner for Colorado and the Colorado Association of Realtors is proud to see truly transformative politics taking root in Colorado!”, said Liz Peets, vice president of government affairs, Colorado Association of Realtors.

“We are pleased to support the passage of HB1282. Innovative housing solutions are desperately needed in Colorado. Affordable housing organizations need housing solutions and innovation to help our state meet the needs of Colorado residents. As a Chfa Board Member, I look forward to supporting a growing, innovative housing industry in Colorado. This bill allows us to begin to address the housing supply issue we have in our state,” said Nate Peterson, board member of Vederra Building Systems and the Colorado Housing and Finance Authority (CHFA).

“Counties and Commissioners Acting Together (CCAT), as an early and active supporter of the Innovative Housing Incentive Program, are thrilled to have Governor Polis sign this bill today. Our organization recognizes this legislation as an outstanding example of bipartisan leadership aimed at improving the availability of affordable housing in Colorado for many years to come,” Pitkin County Commissioner Kelly McNicholas Kury said.

“The need for affordable housing across the state is immense. This bill will immediately help existing modular factories to expand and new factories to be built. This increased capacity will allow communities to build homes for hard-working Coloradans and boost home ownership in our state!” said Eric Schaefer, vice president of Fading West Development in Buena Vista.

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