Property Description
Built in 2014 in Coveted Coal Creek Village Community. New flooring, energy smart appliances, LEED certified, close to shopping old town, water park and trails. New roof and garage door.
- Max Price: $186,834
- 3 Bedroom, 1.5 Bathroom
- Square Feet: 1,320
- HOA: $285/month. HOA last change was a decrease of $10 in January, 2021. (HOA evaluation checklist PDF)
- HOA Pet Policy: Pets allowed
- Tax: $1,200/year
- Parking: Double garage
- Exclusions: Seller's personal property
Showings
Due to COVID-19, viewing the property is currently not a requirement to enter the selection. Buyers shall rely on photos tour, no showings until the selection date. The highest ranked in the selection will be granted a showing prior to making an offer.
Income Limits
| 2 PERSON |
3 PERSON |
4 PERSON |
5 PERSON |
| $46,800 |
$52,650 |
$58,450 |
$63,150 |
Asset Limits
| ASSET CLASSIFICATION* |
2 PERSON |
3 PERSON |
4 PERSON |
5 PERSON |
| Standard |
$70,000 |
$85,000 |
$100,000 |
$115,000 |
| Recently Divorced |
$100,000 |
$115,000 |
$130,000 |
$145,000 |
| Retired |
$100,000 |
$115,000 |
$130,000 |
$145,000 |
| Permanently Disabled |
$155,000 |
$170,000 |
$185,000 |
$200,000 |
Your down payment will be deducted from your total assets up to 20 percent of the home’s value ($37,367 – for this home). For example, if a two-person household with assets calculated by the program to be $90,000 puts $20,000 down they would be eligible ($90,000-$20,000=$70,000 in assets). If you are classified as retired or permanently disabled all the money you put down will be deducted. Please contact us if unsure you are below the asset limit for this home.
Fair Selection Process
Selection Deviation – Lafayette Work Preference
This home in Lafayette was built in part with regional funds managed by the City of Boulder Housing Division. As a result, it is tied to most of the same restrictions as the permanently affordable homes in the City of Boulder. The selection process for this home will deviate from the standard. In the places where preference would be given for households that work in Boulder, that preference will be changed to working in Lafayette. Please contact us if you have questions.
How Long Will it Take? - an explanation of the Fair Selection Process.
Due to this homes size, preference in the selection is given to households with (dependents)
Entrants for this home’s selection:
| Number Entered |
Tier |
| 1 |
Two Dependents - Work in Lafayette |
| 1 |
One Dependent - Work in Lafayette |
| 0 |
Work in Lafayette Year+ and Certified Year+ |
| 0 |
Work in Lafayette year+ |
| 0 |
Work in Lafayette less than year and Certified Year+ |
| 0 |
Work in Lafayette less than year |
| 0 |
Certified Year+ |
| 2 |
All other |
Tier of applicant that went under contract:
Two Dependents - Work in Lafayette (number 1 in selection)
The City of Boulder does not warrant the entire contents of this listing. Some listing information is received from the seller and/or the seller's real estate agent. Prospective buyers and their agents are responsible for verifying listing information in person, through communication with the listing agent or seller, through public records, and other due diligence processes.
