Fountain Springs Apartments

4440 Fountain Springs Grv, Colorado Springs, CO 80916

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths 732 - 1,108 Sq Ft

Waitlist Forecast

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.

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.

Dave's Thoughts On Fountain Springs Apartments

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 Fountain Springs Apartments 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.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Fountain Springs Apartments Amenities

  • Controlled Access
  • Fitness Center
  • Playground
  • Business Center
  • Covered Parking
  • Central Air
  • Landscaping
  • Cable & Internet Ready
  • Swimming pool

Units at Fountain Springs Apartments

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 732ft2 Call for Price
2 Bedroom (2/1) 942ft2 Call for Price
3 Bedroom (3/2) 1108ft2 Call for Price

Income Qualification for Fountain Springs Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $34,150 / year $39,000 / year $43,900 / year $48,750 / year $52,650 / year $56,550 / year
50% AMI for PBRA Units $34,150 / year $39,000 / year $43,900 / year $48,750 / year $52,650 / year $56,550 / year
60% AMI for LIHTC Units $40,980 / year $46,800 / year $52,680 / year $58,500 / year $63,180 / year $67,860 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Fountain Springs Apartments

Does Fountain Springs Apartments have a waiting list?

Fountain Springs Apartments 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 Fountain Springs Apartments?

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 Fountain Springs Apartments?

Fountain Springs Apartments is managed by Avenue 5 Residential headquartered in Seattle, Washington.

In addition to Fountain Springs Apartments, how many other affordable housing properties (and units) are there in Colorado Springs?

In addition to Fountain Springs Apartments, we list 56 other affordable properties in Colorado Springs. Learn about these properties here. Our data research shows that there are a total of 4699 affordable units in Colorado Springs.

Listings Near Fountain Springs Apartments

Whitney Young Manor

2129 Delta Dr, Colorado Springs, Colorado 80910

Villas at Southgate

1810 S Corona Ave, Colorado Springs, Colorado 80905

Pikes Peak Properties

3609 Michigan Ave, Colorado Springs, Colorado 80910

Winfield Apartments

6118 Romley Point, Colorado Springs, Colorado 80922

Centennial Plaza

516 E Kiowa St, Colorado Springs, Colorado 80903

Senior Heritage Plaza

1410 N Hancock Ave, Colorado Springs, Colorado 80903

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.