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.
|One Bedroom (1/1)||-||Call for Price|
|Two Bedroom (2/1)||-||Call for Price|
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.
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%)||$28,850||$33,000||$37,100||$41,200||$44,500||$47,800||$51,100||$54,400|
|Low Income (60%)||$34,620||$39,600||$44,520||$49,440||$53,400||$57,360||$61,320||$65,280|
Hatler-May Village is managed by Christian Church Homes.