3500 Walden St, Aurora, CO 80011
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen CarterRent | Beds | Baths | SqFt |
---|---|---|---|
$1,020 - 1,773 per Month† | 1 - 3 Beds | 1 - 2 Baths | 633 - 1,163 Sq Ft |
This property is currently under construction.
Walden35 is a brand new affordable apartment community conveniently located close to retail and restaurants in Aurora’s Gateway Park, close to the 40th Ave & Airport Blvd rail station! The community will be complete in November 2023. Applications are currently being accepted.
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 Walden35 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.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 633ft2 | $1,020 $1,297† |
Two Bedroom (2/2) | 977ft2 | $1,210 $1,544† |
Three Bedroom (3/2) | 1163ft2 | $1,389 $1,773† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
---|---|---|---|---|---|---|
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 |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Walden35 have a waiting list?
Walden35 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 Walden35?
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 Walden35, how many other affordable housing properties (and units) are there in Aurora?
In addition to Walden35, 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.
When was the Walden35 listing last updated?
Walden35 listing on Affordable Housing Online was last updated on 09/30/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
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