Francis Heights

2626 Osceola St, Denver, CO 80212

Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
Call for Rents Studio - 2 Beds 1 Bath -
check_circle  Senior (62+)
check_circle  Accessible Units
check_circle  Pets Allowed
check_circle  Project-Based Rental Assistance

Waitlist Forecast

Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.

Francis Heights is located in Denver, Colorado. This property has beautifully manicured landscaping and a panoramic view of Sloans Lake, the Rocky Mountains and the city of Denver. There is a patio area with tables for your enjoyment. It is remarkably convenient to shopping, doctors' offices and restaurants; some within walking distance. The building has elevators and easily accessed laundry and community rooms. Activities such as cards, music, potluck parties, educational and social programs are provided. A Resident Services Coordinator is on staff to provide support and link you to community services available in your area.
 

Dave's Thoughts On Francis Heights

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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Francis Heights has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Francis Heights Amenities

  • Elevator
  • Community Room
  • Laundry Room(s)
  • Spacious floor plans
  • Intercom System
  • Barber Shop and Beauty Salon
  • Swimming pool
  • Free Parking

Units at Francis Heights

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Rent is Based On Your Income
One Bedroom (1/1) - Rent is Based On Your Income
Two Bedroom (2/1) - Rent is Based On Your Income

Income Qualification for Francis Heights

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people
30% AMI for PBRA Units $26,100 / year $29,800 / year $33,550 / year $37,250 / year
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
80% AMI for PBRA Units $66,300 / year $75,750 / year $85,200 / year $94,650 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Francis Heights

Does Francis Heights have a waiting list?

Francis Heights probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Francis Heights?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Francis Heights?

Francis Heights is managed by Mercy Housing headquartered in Denver, Colorado.

In addition to Francis Heights, how many other affordable housing properties (and units) are there in Denver?

In addition to Francis Heights, we list 430 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.

Listings Near Francis Heights

Tuscan Heights

1800 West 85th Avenue, Denver, Colorado 80260

bed 1-2
payment $1110-1525/mo.

Del Corazon

4351 Morrison Road, Denver, Colorado 80219

bed 1-3
payment $1044-1448/mo.

The Gardens of Hope Communities

4919 E Thrill Place , Denver, Colorado 80207

bed 2
payment $950-975/mo.

Grand Lowry Lofts

200 Rampart Way Suite 100, Denver, Colorado 80230

bed 1-2
payment $907-1844/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Arroyo Village

1299 Knox Court, Denver, Colorado 80204

bed 1-3
payment $843-1168/mo.

City Lofts

1742 Champa Street, Denver, Colorado 80202

bed 1-2
payment $805-1974/mo.
switch_access_shortcut Short Wait
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.