Traditions at Lafayette - SE Corner of So Public Rd / So Lafayette Dr
The Traditions at Lafayette (Traditions) is a 133-unit affordable senior apartment community on 3.4 acres located at the southeast corner of So. Public Rd. and So. Lafayette Dr.
Proposed project amenity spaces will include resident lounge/lobby, theater, library, internet café, conference room, leasing offices, billiards/cards, family dinning, game, and crafts rooms. Exterior amenities include raised gardens, outdoor firepit, reserved carport covered parking, open surface parking, and car charging stations.
All of Traditions' units will target households with incomes at or below 60% of the area median income (AMI) for Boulder County. HUD establishes area median incomes by county each year, with the 2019 data anticipated to be published at the end of March. For 2018, AMI is $108,600 for a family of four, meaning that for a renter household to qualify for occupancy at Traditions, a two-person household could earn no more than $52,140 (60% of the area median income). Rents are intended to be affordable for such households, with the 2018 maximum allowable rents of $1,141 for studio units, $1,222 for one bedroom units, and $1,467 for two-bedroom units.
A Public Hearing will be held at the November 28, 2018, Planning Commission meeting to review the site plan/architectural review, special use review, PUD, comprehensive plan amendment, and rezoning.