North Park Village

1401 Washington St, Canon City, Colorado 81212

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.

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North Park Village Details

  • 25 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Basketball Court

Unit Amenities

  • Washer and Dryer Hookup
  • Water Trash and Sewer Included

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.

Canon City 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 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.

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