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Velo Condos on Airport Rd - 6 UNITS - 1 Bed, 1 Bath - $154,106 - Under Contract

Velo Condos on Airport Rd - 6 UNITS - 1 Bed, 1 Bath - $154,106 - Under Contract

 

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

 

 

Property Descriptions

Six brand new 1B/1B "Fixie" Plan with large 14x26 ENCLOSED FENCED YARD, PATIO OR BALCONY & PRIVATE GARAGE at Velo Condos, a new community in Boulder's Best New Hub across from 45-AC VALMONT BIKE & DOG PARK. Stainless steel appliances including range/oven, fridge, dishwasher, microwave with modern cabinetry and large 11x6 laundry room. Many extra features like LED lighting, central A/C, keyless smart locks, ceiling fans in living rooms and 9' ceilings! Estimated completion for these units is April-June 2021, subject to change. Indoor/outdoor co-working/co-market space + park. BIKE & DOG WASH & bike ramps at interiors stairs. Bike to breweries, cafés, restaurants, RAYBACK and Whole Foods. Nearby access to bike paths, bus route and Foothills Pkwy. Valmont City Park expansion plans for 90 more acres, see WWW.VELOCONDOS.COM . TO VIEW SPECIFIC UNITS, 3D VIRTUAL TOUR, FINISHES AND FEATURES. Some images may be of renderings of other units. Views portrayed in renderings not guaranteed. All info subject to change.

3D VIRTUAL TOUR
VIRTUAL BIRDS EYE TOUR
VIRTUAL WALKING TOUR

*All Plans, virtual renderings, 3D models, and landscaping shown are artist's interpretations only and may show features for illustrative purposes that are not included and may not reflect the actual finished product.

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 asset classification can be found on your preliminary certification letter. Please contact us for help determining how you have been classified.

Your down payment will be deducted from your total assets up to 20 percent of the home’s value ($30,821– for this home). For example, if a two-person household with standard 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

Click here to better understand one’s prospects in the fair selection process

One selection process will take place for all six homes. First place winner will have first choice in unit, second place winner will have second choice, and so on.

Entrants for this home’s selection:

Number Entered Tier
2 Disability Accommodation for Specific Home Features
0 Work in Boulder Year+ and Certified Year+
14 Work in Boulder year+
0 Work in Boulder less than year and Certified Year+
1 Work in Boulder less than year
0 Certified Year+
3 All other

Tier of applicants that went under contract:

2 from Disability Accommodation for Specific Home Features & 4 from Work in Boulder year+ (numbers 1-6 in the selection)

 


 

Contact

Megan James
8030 Realty
630-363-9779
[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