1175 Lee Hill Dr, Boulder, CO 80302
Waiting List Forecast: Likely Short or None
Verified for 2023 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
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.
Because Lee Hill 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 Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $27,900 / year | $31,900 / year | $35,900 / year | $39,850 / year | $43,050 / year | $46,250 / year | $49,450 / year | $52,650 / year |
| 50% AMI for LIHTC Units | $46,500 / year | $53,150 / year | $59,800 / year | $66,400 / year | $71,750 / year | $77,050 / year | $82,350 / year | $87,650 / year |
| 50% AMI for PBRA Units | $46,500 / year | $53,150 / year | $59,800 / year | $66,400 / year | $71,750 / year | $77,050 / year | $82,350 / year | $87,650 / year |
| 60% AMI for LIHTC Units | $55,800 / year | $63,780 / year | $71,760 / year | $79,680 / year | $86,100 / year | $92,460 / year | $98,820 / year | $105,180 / year |
| 80% AMI for PBRA Units | $66,700 / year | $76,200 / year | $85,750 / year | $95,250 / year | $102,900 / year | $110,500 / year | $118,150 / year | $125,750 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Lee Hill have a waiting list?
Lee Hill probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Lee Hill ?
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 Lee Hill , how many other affordable housing properties (and units) are there in Boulder?
In addition to Lee Hill , we list 99 other affordable properties in Boulder. Learn about these properties here. Our data research shows that there are a total of 2194 affordable units in Boulder.
When was the Lee Hill listing last updated?
Lee Hill listing on Affordable Housing Online was last updated on 01/02/2023 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.
If you're a homeless veteran, contact your VA Medical Center.
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