Senior housing completed in Longmont

LONGMONT – The Lodge at Hover Crossing, an affordable senior apartment development at 2127 18th Ave. in Longmont, will begin moving in  residents on Aug. 1.

A grand opening ceremony for the senior living community will take place from 9 a.m. to noon on Saturday, July 11.

The publicly funded project with 50 one-bedroom units is restricted to the elderly, age 62 and older, earning below 50 percent of the area median income, which works out to be $31,200 for a single person and $35,650 for a couple.

Rent is based on 30 percent of that income, which translates to up to $780 a month.

About 40 of the units have been reserved, leaving 10 available, said Michael Reis, executive director of the Longmont Housing Development Corp. He anticipates the project being fully occupied by the end of this summer.

The 42,000-square-foot development was primarily funded by a $6.4 million grant from the U.S. Department of Housing and Urban Development. Another $1.1 million for the project was raised via Longmont’s Affordable Housing Fund, the Colorado Department of Local Affairs Division of Housing and the Longmont Housing Authority.

The nonprofit Longmont Housing Development Corp. sought the funds and helped head the project. Longmont-based Krische Construction was the project’s general contractor.

“It’s great to have affordable housing stimulate the local construction industry and it’s ultimately a long-term benefit for the community and affordable housing,” Reis said.

The Lodge at Hover Crossing contains sustainable features that maximize energy efficiency and create a safer, healthier living environment for new residents, officials said. It includes cost-effective insulated walls, Energy Star windows and appliances, and a high efficiency radiant floor heat system.

on Facebook on LinkedIn