Longmont Housing Authority

What Longmont Housing Authority does

Longmont Housing Authority (LHA) is a public housing authority established by the City of Longmont, Colorado, that administers federally subsidized affordable housing programs and operates a portfolio of owned affordable housing communities. LHA's core functions are delivering Housing Choice Vouchers (Section 8) and Project Based Vouchers (PBV) to income-eligible households, and directly owning and managing 14+ housing properties across three verticals: family and individual communities (Ascent at Hover Crossing, Aspen Meadows Neighborhood, Briarwood Apartments, Crisman Apartments), senior communities for adults aged 55+ and 62+ (Fall River, Spring Creek, Hearthstone at Hover Crossing, The Lodge at Hover Crossing, Aspen Meadows Senior, Village on Main), and permanent supportive housing (Suites Supportive Housing with 81 units, Zinnia Apartments with 55 units). Tenant rent is set at 30% of gross household income, with eligibility generally capped at 50% of Area Median Income for voucher programs and up to 80% AMI at selected newer properties. Revenue is generated through HUD Housing Assistance Payments (HAP) contracts covering the gap between tenant contribution and approved rent, State of Colorado and Mental Health Partners funding for supportive housing operations, and tenant rental payments. There is no proprietary technology platform; LHA operates standard public housing authority information systems including a web portal for tenants and landlords, with distribution handled through its own website, Boulder County's affordable housing listings, and a referral network of community partners including All Roads, EFAA, OUR Center, Sister Carmen Community Center, Habitat for Humanity St. Vrain Valley, Boulder County Area on Aging, Cultivate, Meals on Wheels, and Wild Plum Center.

Name

Longmont Housing Authority

Legal name

Longmont Housing Authority

Website

https://longmonthousing.org

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Longmont Housing Authority is a City of Longmont, Colorado government agency that administers HUD Housing Choice and Project Based Vouchers and operates 14+ affordable housing properties serving low-income families, seniors 55+/62+, and individuals exiting homelessness.

Ownership category

akta.pro rank

Product category

Public Housing Services

NAICS

Administration of Housing Programs (92511), Residential Property Managers (531311), Lessors of Residential Buildings and Dwellings (53111), Other Community Housing Services (624229)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA)

akta.pro secondary industries

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Housing & Neighborhood Services (Local Housing Programs) (BPAIACAJ), Housing Voucher & Rental Assistance Programs (Tenant-Based/Project-Based) (FSALAKAI)

Keywords

• Affordable housing programs
• Housing choice vouchers
• Public housing services
• Senior housing communities
• Supportive housing services

Headquarters

HQ city

Longmont

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. HUD Housing Assistance Payments (HAP): Federal funding from HUD through Housing Assistance Payment contracts. The Housing Authority pays the difference between the tenant's contribution (30% of gross household income) and the approved rent directly to landlords.
2. Project Based Voucher Funding: State and federal funding for permanent supportive housing units. Units at Suites Supportive Housing are funded by State of Colorado-Mental Health Partners partnership.
3. Tenant Rental Payments: Residents pay 30% of their gross household income as rent, with the remainder subsidized through housing assistance programs.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Longmont Housing Authority is a government housing authority that administers federal Housing Choice Voucher (Section 8) and Project Based Voucher programs, and directly operates and manages a portfolio of affordable rental housing properties serving low-income families, seniors, veterans, and individuals experiencing homelessness in Longmont, Colorado.

Product overview

The Longmont Housing Authority operates a portfolio of affordable housing communities and rental assistance programs. The housing portfolio includes multiple distinct property types: (1) Family and Individual Communities such as Ascent at Hover Crossing, Aspen Meadows Neighborhood, and Briarwood Apartments serving households earning up to 50-80% of Area Median Income; (2) Senior Communities including Fall River Apartments, Spring Creek Apartments, Hearthstone at Hover Crossing, The Lodge at Hover Crossing, Aspen Meadows Senior, and Village on Main serving adults 55+/62+; and (3) Permanent Supportive Housing communities including Suites Supportive Housing and Zinnia Apartments for individuals exiting homelessness. These properties are complemented by two rental assistance programs: the Housing Choice Voucher (HCV/Section 8) program where tenants hold portable vouchers to use with participating landlords, and the Project Based Voucher (PBV) program where subsidies are attached to specific units. The HCV and PBV programs allow households earning up to 50% of AMI (with some PBV units at 30% AMI) to pay only 30% of their gross household income as rent.

Differentiator

Problem solved

Functional benefit

Brands

• Ascent at Hover Crossing: Newest affordable housing community offering 1, 2, 3, and 4 bedroom apartments for individuals and families earning up to 80% of area median income
• Aspen Meadows Neighborhood
• Briarwood Apartments
• Suites Supportive Housing
• Zinnia Apartments
• Fall River Apartments
• Spring Creek Apartments
• Hearthstone at Hover Crossing
• The Lodge at Hover Crossing
• Aspen Meadows Senior
• Village on Main

Products and services

• Housing Choice Voucher Program (Section 8)

Quantifiable outcome

• 81 fully furnished apartments at Suites Supportive Housing with project-based voucher funding
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core and minor.

• State of ColoradocoreStrategic or Co-development PartnerState funding for project-based voucher programs. The State of Colorado provides funding in partnership with Mental Health Partners and LHA for supportive housing operations at Suites Supportive Housing.
• Mental Health PartnerscoreStrategic or Co-development PartnerState of Colorado-Mental Health Partners collaboration with LHA funding 81 fully furnished supportive housing units at Suites Supportive Housing. Provides wraparound services for residents.
• Boulder CountycoreStrategic or Co-development PartnerBoulder County collaborates with LHA and community partners to compile weekly updated lists of low-cost available housing units. Also provides income limit guidelines for Boulder County.
• All RoadsminorStrategic or Co-development PartnerCommunity partner collaborating with Boulder County and LHA to provide housing resource listings for low-income individuals and families.
• EFAA (Emergency Family Assistance Association)minorStrategic or Co-development PartnerCommunity partner providing food, clothing, and some financial assistance. Collaborates with Boulder County housing initiative.
• OUR CenterminorStrategic or Co-development PartnerCommunity partner helping people move toward self-sufficiency. Provides daily lunch, food and clothing pantries, some financial assistance, healthcare and employment services.
• Sister Carmen Community CenterminorStrategic or Co-development PartnerCommunity partner collaborating on Boulder County housing resources for low-income residents.
• City of Longmont Senior ServicesminorStrategic or Co-development PartnerCity department offering recreation, wellness programs, and supportive services for adults 55+. LHA refers seniors to these services.
• Habitat for Humanity St. Vrain ValleyminorStrategic or Co-development PartnerNonprofit building affordable housing in partnership with low-income families in St. Vrain Valley School District and Estes Park. Collaborates on housing resources.
• Boulder County Area on AgingminorStrategic or Co-development PartnerProvides comprehensive resources for Boulder County seniors. LHA refers senior residents for additional support services.
• CultivateminorStrategic or Co-development Partner47-year-old nonprofit providing volunteer-powered services to Boulder County residents 60+: grocery shopping/delivery, minor home repairs, yard work, snow shoveling, and medical appointment rides for veterans.
• Meals on Wheels of LongmontminorStrategic or Co-development PartnerDelivers meals and checks on homebound individuals in Longmont and Niwot. Serves lunch at Longmont Senior Center for older adults.
• Wild Plum CenterminorStrategic or Co-development PartnerNonprofit supporting families and early childhood education in Longmont. Supports LHA residents with children.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Market position

Competitive moat3 records

Key risks4 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/longmonthousingauthority

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Longmont Housing Authority