Villa Canon Apartments
2400 E Main St, Canon City, Colorado 81212
Villa Canon Apartments Details
- 56 bedroom units.
- Section 538 Guaranteed Rural Rental Housing
- Section 521 USDA Rental Assistance
Section 538 Guaranteed Rural Rental Housing
Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.
Section 521 USDA Rental Assistance
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.
Canon City HUD Rental Assistance Income Qualifications
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Canon City but actual income limits may differ for units at Villa Canon Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $17,300 | $19,750 | $23,030 | $27,750 | $32,470 | $37,190 | $41,910 | $46,630 |
| 50% | $28,800 | $32,900 | $37,000 | $41,100 | $44,400 | $47,700 | $51,000 | $54,300 |
| 80% | $46,050 | $52,600 | $59,200 | $65,750 | $71,050 | $76,300 | $81,550 | $86,800 |
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