Residences at Trolley Park

1445 Dallas St, Aurora, CO 80010

Waiting List Forecast: Likely Short or None

check_circleVerified for 2020 by Ben D. Layfield, Meera Dane, Colleen Carter, Joshua Cappell

Rent	Beds	Baths	SqFt
$1,219 - 1,828 per Month^†	2 - 4 Beds	1 - 2.5 Baths	770 - 1,680 Sq Ft

Call (720) 858-1445 Email

Waitlist Forecast

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.

The Residences at Trolley Park offer a variety of 2-bedroom, 3-bedroom, and 4-bedroom apartment homes. Each unit features a refrigerator, dishwasher, garbage disposal, window coverings, and washer/dryer hookups. Community amenities include controlled access, a courtyard, playground, elevator, and underground parking spaces. Eligible families must earn 60% or less of the Area Median Income. Building and units are smoke-free including vapes and e-cigarettes. Location is wonderful for public transportation, shopping, schools, and entertainment, and on-site community activities for all ages are provided by Aurora Housing Authority ECHO team members.

Dave's Thoughts On Residences at Trolley Park

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 Residences at Trolley Park 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

Residences at Trolley Park Amenities

Playground
Underground Parking
Air Conditioning
Washer and Dryer Hookup
Utilities Included

Units at Residences at Trolley Park

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom - M (2/1)	770ft²	Call for Price^†
Two Bedroom - H (2/1)	853ft²	Call for Price^†
Two Bedroom - K (2/1)	875ft²	Call for Price^†
Two Bedroom - E (2/1)	939ft²	Call for Price^†
Three Bedroom - J (3/2)	1095ft²	$1,523 $1,828^†
Three Bedroom - G (3/2)	1103ft²	Call for Price^†
Three Bedroom - D (3/2)	1128ft²	Call for Price^†
Three Bedroom - B (3/2)	1130ft²	Call for Price^†
Three Bedroom - C (3/2)	1154ft²	$1,219 $1,828^†
Three Bedroom - F (3/2)	1156ft²	Call for Price^†
Four Bedroom Townhome (4/2.5)	1680ft²	Call for Price^†

Income Qualification for Residences at Trolley Park

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
50% AMI for LIHTC Units	$43,450 / year	$49,650 / year	$55,850 / year	$62,050 / year	$67,050 / year	$72,000 / year	$76,950 / year	$81,950 / year
50% AMI for PBRA Units	$43,450 / year	$49,650 / year	$55,850 / year	$62,050 / year	$67,050 / year	$72,000 / year	$76,950 / year	$81,950 / year
60% AMI for LIHTC Units	$52,140 / year	$59,580 / year	$67,020 / year	$74,460 / year	$80,460 / year	$86,400 / year	$92,340 / year	$98,340 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Residences at Trolley Park

Does Residences at Trolley Park have a waiting list?

Residences at Trolley Park 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 Residences at Trolley Park?

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.

In addition to Residences at Trolley Park, how many other affordable housing properties (and units) are there in Aurora?

In addition to Residences at Trolley Park, we list 356 other affordable properties in Aurora. Learn about these properties here. Our data research shows that there are a total of 3179 affordable units in Aurora.