31 West Las Vegas Street, Colorado Springs, CO 80903
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio Bed | 1 Bath | - |
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.
Greenway Flats is a first-of-a-kind for Colorado Springs: permanent supportive housing for the chronically homeless.
The 65-unit apartment complex will accommodate men and women considered chronically homeless — where the basic goals of housing, health and work are more challenging achievements for the individual.
Each 400-square-foot unit features an open living area, built-in storage, a kitchenette with an induction cooktop, a refrigerator, a microwave and an enclosed bathroom. Contact Springs Rescue Mission for information on the application process for Greenway Flats.
Managed by The Colorado Springs Rescue Mission.
Because Greenway Flats participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $20,500 / year | $23,400 / year | $26,350 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $34,150 / year | $39,000 / year | $43,900 / year | $48,750 / year | $52,650 / year | $56,550 / year | $60,450 / year | $64,350 / year |
| 50% AMI for PBRA Units | $34,150 / year | $39,000 / year | $43,900 / year | $48,750 / year | $52,650 / year | $56,550 / year | $60,450 / year | $64,350 / year |
| 60% AMI for LIHTC Units | $40,980 / year | $46,800 / year | $52,680 / year | $58,500 / year | $63,180 / year | $67,860 / year | $72,540 / year | $77,220 / year |
| 80% AMI for PBRA Units | $54,600 / year | $62,400 / year | $70,200 / year | $78,000 / year | $84,250 / year | $90,500 / year | $96,750 / year | $103,000 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Greenway Flats have a waiting list?
Greenway Flats 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 Greenway Flats?
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 Greenway Flats?
Greenway Flats is managed by Apartmentsmart Generic headquartered in Salisbury, Maryland.
In addition to Greenway Flats, how many other affordable housing properties (and units) are there in Colorado Springs?
In addition to Greenway Flats, 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.
When was the Greenway Flats listing last updated?
Greenway Flats listing on Affordable Housing Online was last updated on 01/01/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
Only submit truthful information.
Submitting false information can disqualify the household from assistance, and may land the applicant in legal trouble.Marla Senter says:
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