The Spoke on Coffman

518 Coffman St, Longmont, Colorado 80501

Contact The Spoke on Coffman

The Spoke on Coffman offers 1-bedroom, 2-bedroom, and 3-bedroom apartments. Each unit features energy-efficient appliances, luxury vinyl tile, in-home washer/dryer, and patios for ground-level residents. Property amenities include an elevator, natural-gas-powered heating and cooling systems, internal courtyard, and parking garage with electric vehicle charging stations. The Spoke on Coffman is surrounded by shopping, restaurants and cafés, entertainment, parks, and schools, with municipal offices and services including a recreation center, senior center and library located near the site. The community is also situated a few blocks from a regional transit center.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	632	Call for Price
Two Bedroom (2/2)	967	Call for Price
Three Bedroom (3/2)	1299	Call for Price

Eligibility for The Spoke on Coffman

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 Longmont but actual income limits may differ for units at The Spoke on Coffman.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$46,500	$53,150	$59,800	$66,400	$71,750	$77,050
Low Income (60%)	$55,800	$63,780	$71,760	$79,680	$86,100	$92,460

The Spoke on Coffman Details

73 one, two and three bedroom units.
Water and Sewer utilities included in rent
Electricity utility included in rent
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Elevator
Energy Star Appliances
Energy Efficient Design
Garage and Surface Parking
Courtyard

Unit Amenities

Water Trash and Sewer Included
Washer and Dryer Included
Heat and Air
Electric Included

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.