Fairways Apartments
5600 Arapahoe Ave, Boulder, Colorado 80303
On bus lines in East Boulder, near restaurants, small businesses, Flatirons Community Hospital, and more. Quiet complex with Flatiron and golf course views. One-bedroom units are 644 sq. ft. and two-bedroom units are 820-880 sq. ft. These modern apartments are located in three-story buildings with exterior entrances. Amenities include air conditioning, on-site laundry and off-street parking
Units
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price |
| Two Bedroom (2/1) | - | Call for Price |
| Two Bedroom (2/2) | - | Call for Price |
Fairways Apartments Details
- 70 one and two bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
Property Amenities
- Off Street Parking
- On-Site Laundry
Unit Amenities
- Air Conditioning
- Extra Storage
- Private Patio and Balcony
- Fire Sprinklers and Monitored Alarms
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.
Boulder Low-Income Housing Tax Credit Income Limits
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Boulder but actual income limits may differ for units at Fairways Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| Very Low Income (50%) | $43,900 | $50,200 | $56,450 | $62,700 | $67,750 | $72,750 | $77,750 | $82,800 |
| Low Income (60%) | $52,680 | $60,240 | $67,740 | $75,240 | $81,300 | $87,300 | $93,300 | $99,360 |
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