2700 Wewatta Way, Denver, CO 80216
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen CarterRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 2 Beds | 1 Bath | - |
This property is currently under construction.
2700 Wewatta is currently under construction. When completed, this community will provide 1-bedroom and 2-bedroom units of supportive housing to transition age youth (“TAY” ages 18-24) who are at risk of homelessness (i.e., aging out of foster care) or experiencing homelessness. On-site services will be provided by TGTHR and include independent living skills, substance use counseling and family services, and employment assistance. Additional services include health and medical services provided by Denver Health, behavioral and mental health services provided by the Mental Health Center of Denver, and legal assistance provided by Rocky Mountain Children’s Law Center.
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 2700 Wewatta 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 Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price† |
Two Bedroom (2/1) | - | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people |
---|---|---|---|---|
50% AMI for LIHTC Units | $43,450 / year | $49,650 / year | $55,850 / year | $62,050 / year |
50% AMI for PBRA Units | $43,450 / year | $49,650 / year | $55,850 / year | $62,050 / year |
60% AMI for LIHTC Units | $52,140 / year | $59,580 / year | $67,020 / year | $74,460 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does 2700 Wewatta have a waiting list?
2700 Wewatta 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 2700 Wewatta?
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 2700 Wewatta?
2700 Wewatta is managed by Pennrose Management Company headquartered in Philadelphia , Pennsylvania.
In addition to 2700 Wewatta, how many other affordable housing properties (and units) are there in Denver?
In addition to 2700 Wewatta, we list 678 other affordable properties in Denver. Learn about these properties here. Our data research shows that there are a total of 22552 affordable units in Denver.
When was the 2700 Wewatta listing last updated?
2700 Wewatta listing on Affordable Housing Online was last updated on 07/06/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
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Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Monica Blackwell says:
"I love this website, it keeps me informed and makes it easy to find what I need. Thank you Affordable Housing Online!"