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Fountain Springs Apartments

4440 Fountain Springs Grv, Colorado Springs, Colorado 80916

Fountain Springs Apartments perfect setting with breathtaking views in one of Colorado Springs Premier locations. Delight in year round sports and recreational activities such as fishing, swimming, boating, hiking, biking, skiing and golfing. Enjoy a renewed sense of freedom in your new maintenance free apartment home for rent.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 732 Call for Price
2 Bedroom (2/1) 942 Call for Price
3 Bedroom (3/2) 1108 Call for Price

Fountain Springs Apartments Details

  • 228 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Controlled Access
  • Fitness Center
  • Playground
  • Business Center
  • Covered Parking
  • Landscaping
  • Pet Friendly
  • Swimming pool

Unit Amenities

  • Central Air
  • Cable & Internet Ready

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.

Colorado Springs 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 Colorado Springs but actual income limits may differ for units at Fountain Springs Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $28,600 $32,650 $36,750 $40,800 $44,100 $47,350 $50,600 $53,900
Low Income (60%) $34,320 $39,180 $44,100 $48,960 $52,920 $56,820 $60,720 $64,680

Fountain Springs Apartments is managed by Avenue 5 Residential.

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