Village at Westerly Creek III

10827 E. Kentucky Avenue, Aurora, Colorado 80012

Village at Westerly Creek III, located at 10827 E. Kentucky Avenue in Aurora, has one, two, three and four bedroom apartments. Village at Westerly Creek III participates in the Low-Income Housing Tax Credit (LIHTC) program.

Units

Unit (Bd/Ba)	Ft2	Rent
One Bedroom Senior (1/1)	-	From $346 To $787
Two Bedroom (2/1)	-	From $928 To $951
Three Bedroom (3/1)	-	From $571 To $1,081
Four Bedroom (4/2)	-	$1,172

Village at Westerly Creek III Details

• 74 one, two, three and four bedroom units.
• $32 application fee
• Water and Sewer utilities included in rent
• Accepts Section 8 Housing Choice Vouchers (HCV)
• Family and Senior

About Village at Westerly Creek III

While fully rented, we are accepting requests for the waitlist. Rent starts at $968.00 a month (depending on program), with an initial deposit of $1127.00 and an application fee of $32.00 per adult!

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Aurora Low Income Housing Tax Credit Income Qualifications

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
60%	$39,000	$44,580	$50,160	$55,680	$60,180	$64,620	$69,060	$73,500

Village at Westerly Creek III was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Village at Westerly Creek III is managed by Housing Authority of the City of Aurora.