907 E Colorado Ave, Colorado Springs, CO 80903
Waiting List Forecast: Likely Short or None
Verified for 2023 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
Because Village at Homewood Point 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. Because of the LIHTC program, additional units are set aside for households earning 50% or less of the AMI with corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 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 |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Village at Homewood Point have a waiting list?
Village at Homewood Point 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 Village at Homewood Point?
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.
In addition to Village at Homewood Point, how many other affordable housing properties (and units) are there in Colorado Springs?
In addition to Village at Homewood Point, we list 374 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 Village at Homewood Point listing last updated?
Village at Homewood Point listing on Affordable Housing Online was last updated on 01/02/2023 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.
Check your waiting list status occasionally.
If you request it, housing agencies are required to confirm if you are still on a waiting list, and some may also state your current position.Eileen Savarese says:
"Affordable Housing Online has great information constantly coming in."