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CDBG Program
Civic Center Complex
350 Kimbark Street
Longmont, CO 80501
303-651-8736

 

Developers/Homebuilders Information, CDBG

Community Housing Program (development of affordable housing) - This program builds new affordable properties in Longmont through the mechanism of Inclusionary Zoning. The City of Longmont's Land Development requires housing developers to set aside 10% of the housing units in all new developments as affordable housing. The affordable for-sale units are made available through pre-determined sales prices to households at or below 80% of the Area Median Income (AMI). The units will remain affordable for a predetermined period of time, minimum of 10 years, through deed restrictions and covenant agreements. Rental units (if provided under an annexation agreement only) must be affordable to households at or below 50% of AMI through set rents for at least 20 years, and cannot be sold within that time period unless the purchaser agrees to honor the rest of the period of affordability. Additionally, the developer may seek alternative methods to meet the affordable housing requirements as allowed in the Longmont Municipal code (15.05.220). When building affordable units, a developer/builder may qualify for the Fee Reduction Program.

Community Housing Program - Chart Showing Options to Providing the Required Affordable Housing Units (Adobe pdf 13 kb)

Fee Reduction Program - The Fee Reduction Program is offered by the City of Longmont to address the need for affordable housing by providing incentives for the private sector to undertake this type of housing construction. A housing project may qualify for up to 75% of certain construction fees to be reduced to help offset some of the production costs of providing affordable housing. For more information, please click on the following links to download the Basic Program Summary Application and Guidelines:

For-Sale (Owner) Projects Application and Guidelines

Rental Housing Projects Application and Guidelines

Income Limits

Sales Price Maximums

Rent Tables

Housing Incentive Program - A variety of additional affordable housing incentives may be granted to qualifying projects meeting the Housing Incentive Program criteria. They can include:

Longmont Municipal Code - Inclusionary Zoning for Affordable Housing Title 15 (Land Development Code), See Chapter 15.05.220 Affordable Housing (located at bottom of section).

For more information please contact Kathy Fedler at 303-651-8736, or e-mail at: kathy.fedler@ci.longmont.co.us