Lee Hill

1175 Lee Hill Dr, Boulder, Colorado 80302

1175 Lee Hill is a two-story apartment building located on the corner of Lee Hill and Broadway in north Boulder with 31 fully-furnished one bedroom apartments. This is a Housing First development which aims to support the chronically homeless, one of Boulder County's most vulnerable populations. In addition to housing, residents will receive support services from case managers.

The Housing First approach is founded on the belief that the first and primary need for the homeless population is to obtain stable housing. Other issues (e.g. disabling conditions, joblessness, poor health, alcohol addiction) that may affect the homeless can and should be addressed through case management and supportive services once housing is obtained.

Similar programs in other municipalities have shown that once these individuals have stable housing, they begin to work on the other hurdles in their lives. Studies have also shown that Housing First programs are highly cost effective as they significantly reduce demand on hospital emergency rooms, jails and court systems, and human service agencies.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price

Lee Hill Details

  • 31 0 bedroom units.
  • HOME Investment Partnerships Program
  • Low-Income Housing Tax Credit (LIHTC)

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Lee Hill is managed by Boulder Housing Partners.

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