Fall River Apartments

321 Homestead Parkway, Longmont, CO 80504

Waiting List Forecast: Closed

check_circleVerified for 2023 by Connor Bailey, Lorena Bentley
Rent Beds Baths SqFt
Call for Rents 1 - 2 Beds 1 Bath 675 - 930 Sq Ft

Waitlist Information

Fall River Apartments Waiting List

Go to the public housing authority page for this waiting list >>

Fall River Apartments is a 60-unit building in beautiful North-East Longmont that opened in 2020 and serves the elderly with household incomes 30%, 40%, and 50% of the area median income.  Affordable 1 and 2 bedroom apartments designated for seniors ages 62 and over.

Dave's Thoughts On Fall River Apartments

Because Fall River Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Fall River Apartments Amenities

  • Fitness Center
  • BBQ and Picnic Area
  • Utilities Included
  • Patio Deck Or Balcony
  • Community Garden
  • Open Parking
  • On-Site Laundry
  • Community Kitchen

Units at Fall River Apartments

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 675ft2 Call for Price
Two Bedroom (2/1) 930ft2 Call for Price

Income Qualification for Fall River Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people
50% AMI for LIHTC Units $46,500 / year $53,150 / year $59,800 / year $66,400 / year
50% AMI for PBRA Units $46,500 / year $53,150 / year $59,800 / year $66,400 / year
60% AMI for LIHTC Units $55,800 / year $63,780 / year $71,760 / year $79,680 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Fall River Apartments

Does Fall River Apartments have a waiting list?

Fall River Apartments has a waiting list. See above for waiting list details.

Are rents subsidized at Fall River Apartments?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

In addition to Fall River Apartments, how many other affordable housing properties (and units) are there in Longmont?

In addition to Fall River Apartments, we list 32 other affordable properties in Longmont. Learn about these properties here. Our data research shows that there are a total of 2059 affordable units in Longmont.

When was the Fall River Apartments listing last updated?

Fall River Apartments listing on Affordable Housing Online was last updated on 01/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Fall River Apartments

Centennial Park Apartments

1205 Pace St, Longmont, Colorado 80504

Terry Street Apartments

1917 Terry Street, Longmont, Colorado 80501

Parkville Apartments

1050 16th Avenue, Longmont, Colorado 80501

English Village Apartments

1348 South Coffman Street, Longmont, Colorado 80501

Crisman Apartments

750 Crisman Dr, Longmont, Colorado 80501

The Hearthstone

1762 Cook Ct, Longmont, Colorado 80501

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.