7401 Broadway, Denver, CO 80221
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 726 - 1,084 Sq Ft |
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.
Located north of I-36 near the I-25 interchange at 7401 Broadway is Denver's newest offering in modern affordable living Caraway Apartments.
The 4.7-acre property converted an office building (formerly known as The Tower) into 44 units as well as 72 new walk-up units behind it, for a total of 116 affordable units. The building has two elevators and offers One-, Two- and Three-Bedroom units. All residents have access to bike storage, a dog park, and the courtyard that includes a tot lot, a BBQ area, and raised bed gardens. Residents also have access to a variety of indoor amenities in the Tower that include a rooftop patio, fitness room, computer bar, and multipurpose rooms.
Because Caraway Apartments 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. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 726ft2 | Call for Price† |
| Two Bedroom (2/1) | 1024ft2 | Call for Price† |
| Three Bedroom (3/2) | 1084ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $43,450 / year | $49,650 / year | $55,850 / year | $62,050 / year | $67,050 / year | $72,000 / year |
| 50% AMI for PBRA Units | $43,450 / year | $49,650 / year | $55,850 / year | $62,050 / year | $67,050 / year | $72,000 / year |
| 60% AMI for LIHTC Units | $52,140 / year | $59,580 / year | $67,020 / year | $74,460 / year | $80,460 / year | $86,400 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Caraway Apartments have a waiting list?
Caraway Apartments 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 Caraway Apartments?
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 Caraway Apartments?
Caraway Apartments is managed by Ross Management headquartered in Denver, CO.
In addition to Caraway Apartments, how many other affordable housing properties (and units) are there in Denver?
In addition to Caraway Apartments, 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 Caraway Apartments listing last updated?
Caraway Apartments listing on Affordable Housing Online was last updated on 02/03/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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Wait until you have a Section 8 voucher to find housing.
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