The Edge

3875 E 15th St, Loveland, Colorado 80538

A 70 unit residential community, was built to provide affordable housing to working families including veterans and survivors of the 2012 Hyde Park Fire and 2013 floods. Located at the old Crystal Rapids Water Park site near East 15th Street and Boyd Lake Avenue, The Edge includes five residential buildings as well as a clubhouse, community garden and playground.

Construction concluded in December with the completion of the 10 unit apartment building dedicated to providing permanent supportive housing to homeless veterans. The program operates on the Housing First model; housing plus supports. Studies have shown that Housing First permanent supportive housing models result in long-term housing stability, improved physical and behavioral health outcomes, and reduced use of crisis services such as emergency departments, hospitals, and jails. According to a study published in March 2015 by the Journal of American Medical Association, over a 24 month period, up to 77% of participants in the study receiving housing and supports remained in stable housing.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 750 Income Based
Two Bedroom (2/1.75) 950 Income Based
Three Bedroom (3/2) - Income Based

The Edge Details

  • 70 0, 0 and 0 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Community Room
  • Clubhouse
  • Community Garden

Unit Amenities

  • Central Air
  • Dishwasher
  • Garbage Disposal
  • Refrigerator
  • Washer/ Dryer
  • Electric Range
  • Private Patio/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.

Loveland Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Loveland but actual income limits may differ for units at The Edge.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $33,600 $38,400 $43,200 $47,950 $51,800 $55,650 $59,500 $63,300
Low Income (60%) $40,320 $46,080 $51,840 $57,540 $62,160 $66,780 $71,400 $75,960

The Edge is managed by Loveland Housing Authority.

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