Peakview Trails

1512 60th Avenue, Greeley, Colorado 80634

Contact Peakview Trails

The community located at 1512 60th Avenue in Greeley, Colorado offers sweeping views of the Front Range Mountains with convenient access to walking, shopping, restaurants, medical care and public transportation. The four-story, mid-rise 96-unit, 62+ senior community provides a mix of high-end one-bedroom and two-bedroom units. Baron Design and Associates’ thoughtful and sustainable design features a host of amenities designed to promote active community engagement including state-of-the-art fitness studio, outdoor patio gathering area with grills, raised bed planters, walking trails, putting green, fireside lounge, entertainment kitchen and dining area, library and cybercafé.

Peakview Trails representes a unique opportunity to provide replacement housing for seniors in Weld County negatively impacted by the devastating 2013 floods. The senior community was made possible in part through joint 4% LIHTC/State LIHTC/CDBG-DR and Private Activity Bond recovery funding from the Colorado Housing and Finance Authority and The Colorado Division of Housing. Also, key were equity partners Raymond James and Gardner Capital, consulting partners The Highland Group and Daniel G. Morgan and Associates, Greeley Chamber of Commerce and management partner Greeley Weld-County Housing Authority.

Preference will be given to those seniors affected by the 2013 floods.

Eligibility for Peakview Trails

Peakview Trails Details

96 bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Community Development Block Grant (CDBG)
Section 221 (d) (3)

Property Amenities

Fitness Center
BBQ and Picnic Area
Library
Walking Trails
Community Garden

Unit Amenities

Scenic View

Nearby Amenities

Close to Public Transportation
Close to Shopping
Near Restaurants

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.

Community Development Block Grant (CDBG)

This property may receive funding from a participating jurisdiction (local or state government agency) through the HUD Community Development Block Grant (CDBG) Program. If funding is used to meet the CDBG national housing objective, at least 51% of the units must be initially occupied by households earning 80% or less of area median income. The local jurisdiction defines affordable rents for these units.