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3228 Foundry Pl Unit 104 - 1 Bed, 1 Bath - $141,428 - Selection Date: Monday, August 31, 2020

3228 Foundry Pl Unit 104 - 1 Bed, 1 Bath - $141,428 - Selection Date: Monday, August 31, 2020

In response to COVID-19, the City of Boulder Homeownership Program has made temporary program adjustments. Please visit this webpage for details.

 

Property Description

Charming and spacious ground floor unit with covered front porch at hip Steelyards. Tile floors in kitchen, dining, & bathroom. Spacious 1 bed, 1 bath stackable laundry, pantry and storage closet. One car carport plus storage closet in garage. Beautiful unit! 
   

  • Max Price: $141,428
  • 1 bedroom, 1 bathroom
  • Square Feet: 644
  • HOA: $196.00/month. Last HOA increase was $34.09 on January 1, 2020. (HOA evaluation check list) pdf
  • HOA Pet Policy: Dogs and cats allowed, pet restrictions
  • Tax: $802.88/ year
  • Parking: Carport
  • Exclusion: Washer, dryer, refrigerator, stove and dishwasher can be purchased separately. 
  • This home is Solution Grant eligible (applicants need to qualify)

Due to COVID-19, viewing the property is currently not a requirement to enter the selection. If a buyer prefers, showings are available by appointment only with prior day advanced notice. Check with the listing agent for availability. The highest ranked in the selection will be granted a showing prior to making an offer.

Property Photos

See full photo set in the Photo Gallery

 

Income and Asset Limits

Income

1 person 2 person 3 person 4 person 5 person
$64,160 $73,310 $82,465 $91,620 $99,020

Assets

Asset Classification* 1 Person 2 Person 3 Person 4 Person 5 Person
Standard $55,000 $70,000 $85,000 $100,000 $115,000
Recently Divorced $85,000 $100,000 $115,000 $130,000 $145,000
Retired $85,000 $100,000 $115,000 $130,000 $145,000
Permanently Disabled $140,000 $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 ($28,286 – 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 Details

  • Application Deadline: Monday, August 10, 2020, 5 p.m.
  • Selection Process Entry Form Due Date: Sunday, August 30, 2020, 5 p.m.
  • Selection Date: Monday, August 31, 2020

A complete application is due on the application due date. If an application is incomplete or more information is required you will not be allowed to participate in the selection process.

Use the link in the right column to complete the Selection Process Entry Form.
 

Contact

Kimberly Baldwin
RE/Max of Boulder
720-771-01933
[email protected]

 

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.


Notice of Nondiscrimination

Equal Housing Opportunity logo

The City of Boulder, Division of Housing does not discriminate on the basis of race, color, religion, gender, age, national origin, disability, marital status, familial status, sexual orientation or military status in any of its programs, services or activities.

Reasonable Accommodation

The Department of Housing and Human Services, upon request, will provide appropriate aids and services leading to effective communication for qualified persons with disabilities so they can participate equally in programs, services and activities. Anyone who requires an auxiliary aid, communication service, or a reasonable accommodation to participate in a program, service, or activity of the Department, should call the ADA/Section 504 Coordinator at 303-441-3231. For hearing or speech impaired residents, please dial 7-1-1 for Relay Colorado.

For more information on legal notices and resources, visit: bouldercolorado.gov/housing/legal-notices