12300 E Albrook Dr, Denver, CO 80239
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
This property is currently under construction.
The FreshLo Hub will include a six-story, affordable housing building with 1-bedroom, 2-bedroom, and 3-bedroom floor plans. Residents will enjoy multiple amenities including full appliance packages with microwaves and ovens, in-unit washers and dryers, parking, common and fitness rooms, and patio space for community gardens and outdoor programming.
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 Montbello FreshLo Hub 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
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $43,450 / year | $49,650 / year | $55,850 / year | $62,050 / year | $67,050 / year | $72,000 / year | $76,950 / year | $81,950 / year |
| 50% AMI for PBRA Units | $43,450 / year | $49,650 / year | $55,850 / year | $62,050 / year | $67,050 / year | $72,000 / year | $76,950 / year | $81,950 / year |
| 60% AMI for LIHTC Units | $52,140 / year | $59,580 / year | $67,020 / year | $74,460 / year | $80,460 / year | $86,400 / year | $92,340 / year | $98,340 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Montbello FreshLo Hub have a waiting list?
Montbello FreshLo Hub 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 Montbello FreshLo Hub?
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 Montbello FreshLo Hub?
Montbello FreshLo Hub is managed by Montbello Organizing Committee headquartered in Denver, CO.
In addition to Montbello FreshLo Hub, how many other affordable housing properties (and units) are there in Denver?
In addition to Montbello FreshLo Hub, 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 Montbello FreshLo Hub listing last updated?
Montbello FreshLo Hub listing on Affordable Housing Online was last updated on 11/07/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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Housing options for persons with disabilities.
Many housing programs have apartments or properties restricted to residents with disabilities, including Section 811 Supportive Housing for Persons with DisabilitiesLibby Trahan says:
"I knew nothing about Section 8 or other affordable housing options, but Affordable Housing Online is very informative and I have learned about resources that I never knew were available."