Fall River Apartments

321 Homestead Parkway, Longmont, Colorado 80504

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.

Contact Fall River Apartments

Message Fall River Apartments

Waiting List is Closed
Some units at this property are available through Longmont Housing Authority's Fall River Apartments Senior Project-Based Voucher Waiting List. Learn about this waiting list here.

Units

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

Fall River Apartments Details

  • 60 1 and 2 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program

Property Amenities

  • Fitness Center
  • BBQ/Picnic Area
  • Community Garden
  • Open Parking
  • On-site Laundry
  • Community Kitchen

Unit Amenities

  • Utilities Included
  • Patio, Deck Or Balcony

Office Hours

Day Hours
Monday 8:00am-5:00pm
Tuesday 8:00am-5:00pm
Wednesday 8:00am-5:00pm
Thursday 8:00am-5:00pm
Friday 8:00am-5:00pm

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.

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.

Fall River Apartments is managed by Longmont Housing Authority.

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