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Hatler-May Village

5688 North Union Boulevard, Colorado Springs, Colorado 80918

Hatler-May Village is an affordable three-story property offering 77 one and two bedroom apartments for low-income seniors in Colorado Springs, Colorado. Six years in development, this state-of-the-art community opened in October 2016 providing low-income residents with more than a home.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price

Hatler-May Village Details

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

Property Amenities

  • Community Room
  • On-Site Parking
  • Resident Service Coordinator
  • Computer Room
  • Personal 24-hour emergency call system

Unit Amenities

  • Handicapped Accessible
  • Refrigerator
  • Washer/ Dryer
  • Electric Range
  • Wall-to-Wall Carpeting
  • Individual heating and cooling systems

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 Hatler-May Village.

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

Hatler-May Village is managed by Christian Church Homes.

Image of Hatler-May Village

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