1299 Knox Court, Denver, CO 80204
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lj Perceval, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $843 - 1,168 per Month† | 1 - 3 Beds | 1 - 2 Baths | 1 - 814 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Arroyo Village is offering brand new 1, 2 & 3 bedroom apartment homes! Slated to open in May 2019, we offer holistic, resident-focused affordable housing that empowers individuals and families to thrive.
1 bedroom 1 bath 600 sq. ft. $843 per month Min. Security Deposit $300
2 bedroom 1 bath 814 sq. ft. $1,012 per month Min. Security Deposit $400
3 bedroom 2 bath 1,021 sq. ft. $1,168 per month Min. Security Deposit $500
Pets (2 pet max, no bull breeds, 50 lb. max)
1 Pet $300 Deposit $30.00 Pet Rent 2 Pets $500 Deposit $50.00 Pet Rent
Once your screening is approved we will contact you to make an application appointment.
Applicants are required to bring the following with them to their appointment:
Ø Identification for all individuals who will be on the lease, including:
- Current Photo I.D. of all household members over the age of 18
- Birth certificates of all minors
Ø Documentation that verifies all applicable household income, including:
- Award letters for SSI, Pension &/or Retirement, TANF, court ordered child support, etc.
- Contact information for current employer, i.e. Fax # &/or email
- If self-employed, previous year 1099 & 1040 Schedule C, business plan and copies of payments made to your business in the past 12 months.
*Additional documentation may be required during the application process
*Prices subject to change
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Arroyo Village does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 600ft2 | $843† |
| 2 Bedroom (2/1) | 814ft2 | $1,012† |
| 3 Bedroom (3/2) | 1ft2 | $1,168† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $26,100 / year | $29,800 / year | $33,550 / year | $37,250 / year | $40,250 / year | $43,250 / year |
| 50% AMI for LIHTC Units | $43,450 / year | $49,650 / year | $55,850 / year | $62,050 / year | $67,050 / year | $72,000 / year |
| 50% AMI for PBRA Units | $43,450 / year | $49,650 / year | $55,850 / year | $62,050 / year | $67,050 / year | $72,000 / year |
| 60% AMI for LIHTC Units | $52,140 / year | $59,580 / year | $67,020 / year | $74,460 / year | $80,460 / year | $86,400 / year |
| 80% AMI for PBRA Units | $66,300 / year | $75,750 / year | $85,200 / year | $94,650 / year | $102,250 / year | $109,800 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Arroyo Village have a waiting list?
Arroyo Village probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Arroyo Village?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Arroyo Village?
Arroyo Village is managed by Rocky Mountain Communities
In addition to Arroyo Village, how many other affordable housing properties (and units) are there in Denver?
In addition to Arroyo Village, we list 678 other affordable properties in Denver. Learn about these properties here. Our data research shows that there are a total of 22552 affordable units in Denver.
When was the Arroyo Village listing last updated?
Arroyo Village listing on Affordable Housing Online was last updated on 01/01/2023 by Lj Perceval. Remember, a property's status can change so you should contact the property to confirm.
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