605 Airport Road, Breckenridge, CO 80424
Waiting List Forecast: Likely Short or None
Verified for 2023 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,544 - 2,162 per Month† | 1 - 3 Beds | 1 - 2 Baths | 660 - 1,000 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.
"Situated in a well-kept area, Pinewood Village Apartments offers all the perks you've been looking for. Pinewood Village Apartments is just minutes away from Breckenridge's finest; a wide selection of fine dining, spectacular shopping and entertainment attractions. Every important convenience is located just steps outside your door. Our spacious one, two and three bedroom floor plans are creatively designed with attractive amenities to enhance your lifestyle. Our all electric kitchens, oversized living areas, full-size washer and dryer, balconies with expansive tree-lined views and generous closet space are just a few of the standard features included in each apartment home. These custom-quality residences are sure to please and inspire! Become a resident of Pinewood Village Apartments and gain access to all the wonderful community amenities and services we offer. Community features include nearby hiking and biking trails, a wooded four acre site with extensive preservation of the natural landscape, picnic and barbecue areas, children’s play area, professional management, and more! Pinewood Village was designed to compliment your personal lifestyle and provide convenience for stress free living. View our gorgeous photos and see why Pinewood Village Apartments is the ideal place to call home."
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 Pinewood 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 |
|---|---|---|
| One Bedroom (1/1) | 660ft2 | $1,544† |
| Two Bedrooms (2/1) | 800ft2 | $1,864† |
| Two Bedrooms (2/2) | 860ft2 | $1,936† |
| Three Bedrooms (3/2) | 1000ft2 | $2,162† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $38,800 / year | $44,350 / year | $49,900 / year | $55,400 / year | $59,850 / year | $64,300 / year |
| 50% AMI for PBRA Units | $38,800 / year | $44,350 / year | $49,900 / year | $55,400 / year | $59,850 / year | $64,300 / year |
| 60% AMI for LIHTC Units | $46,560 / year | $53,220 / year | $59,880 / year | $66,480 / year | $71,820 / year | $77,160 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Pinewood Village have a waiting list?
Pinewood 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 Pinewood 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 Pinewood Village?
Pinewood Village is managed by Corum Real Estate Group headquartered in Denver, CO.
In addition to Pinewood Village, how many other affordable housing properties (and units) are there in Breckenridge?
In addition to Pinewood Village, we list 2 other affordable properties in Breckenridge. Learn about these properties here. Our data research shows that there are a total of 154 affordable units in Breckenridge.
Housing options for persons with disabilities.
Many housing programs have apartments or properties restricted to residents with disabilities, including Section 811 Supportive Housing for Persons with DisabilitiesTakesha Powell says:
"Affordable Housing Online is a great resource that provides a lot of helpful links to get low-income and affordable housing."