At North Park Village, we offer one (1), two (2), three (3) and four (4) bedroom homes. The units come with washer/dryer hookups and Central Air Conditioning. Management pays water, sewer and trash. This community also offers a small playground available to children with parental supervision, as well as a basketball court.
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.
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 Canon City but actual income limits may differ for units at North Park Village.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$28,800||$32,900||$37,000||$41,100||$44,400||$47,700||$51,000||$54,300|
|Low Income (60%)||$34,560||$39,480||$44,400||$49,320||$53,280||$57,240||$61,200||$65,160|
North Park Village is managed by Simpson Properties.