As part of our mission to help address the increasing need for affordable housing in our community, the Boulder County Housing Authority (BCHA) is completing construction on its newest community, The Spoke on Coffman, in Longmont.
The Spoke on Coffman -representing a four-party partnership that includes Boulder County, BCHA, the Longmont Downtown Development Authority (LDDA), and the City of Longmont- is a mixed-use neighborhood of affordable rental homes planned for 518 Coffman Street in downtown Longmont. In its downtown location, the development 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. It is also situated a few blocks from a regional transit center, which currently offers a free bus circulating Longmont and seven other transit options connecting to Boulder, Denver and Fort Collins areas.
The new neighborhood will consist of 73 1- to 3-bedroom apartments, affordable to households earning up to 60% of the Area Median Income (AMI). This translates to a maximum income of $70,140 for a family of four or a maximum income of $49,140 for a single-person household, the typical income for a nurse, firefighter, or bank teller. The development will also provide twelve project-based subsidies for households earning below 30% AMI, or a maximum income of $35,070 for a four-person household and $24,570 for a one-person household.
The Spoke will be located across the street from the St. Vrain Community Hub, Boulder County’s integrated one-stop location for a wide range of services and benefits, including health coverage, food, financial, and child care assistance, financial coaching, immunizations, employment supports, mental health services, family and children services, and much more. The proximity of the Hub to residents of The Spoke on Coffman will support housing stability, job training and healthier households.
The Spoke on Coffman will also include a 262-space parking deck with bike and electric vehicle charging for residents and downtown employees, a commercial space with an enterprise café, and office space.
In all our neighborhoods of affordable homes, BCHA strives to welcome a range of community members, help them on their path to self-sufficiency by connecting them to a wide range of supports, and achieve social, economic, and environmental sustainability. The Spoke on Coffman provides affordable housing in proximity to the St. Vrain Community Hub, Longmont’s vibrant Main Street, local and regional transportation, and access to employment opportunities.