5855 W Hampden Ave, Denver, CO 80227
Waiting List Forecast: Likely Short or None
Verified for 2021 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 881 - 1,111 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 in a quiet area of Denver, just off Hampden Avenue and Sheridan Boulevard, you have arrived! Close proximity to these major streets gives you easy access to shopping, restaurants, entertainment and outdoor activities. Osito Ridge offers spacious floor plans with air conditioning, carpet and vinyl floors, in-unit washer/dryer hookups and balconies. Adjacent to Bear Creek Trail, residents can walk or ride their bikes from their apartments directly to Bear Creek Park and Open Space. Osito Ridge is proudly managed by Peak Living. At Peak Living, their mission is to provide the highest quality property management services in the industry. They achieve this through our greatest asset; our people. Their on-site and regional management teams offer unsurpassed
Osito Ridge is proudly managed by Peak Living. At Peak Living, our mission is to provide the highest quality property management services in the industry. They achieve this through our greatest asset; our people. Their on-site and regional management teams offer unsurpassed customer service and local expertise for those living at our properties and for our clients. Their experiences and entrepreneurial spirit mean that we understand that no two buildings or clients are the same, and as such, flexibility and adaptability are key to achieving investment goals. Through the use of the latest technologies, Peak Living is able to provide exceptional accounting/reporting as well as industry leading portal functionality for prospective and current residents, including digital lease signing, online work order submission, and online payments.
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 Osito Ridge Family Apartments 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 |
|---|---|---|
| 1 Bedroom (1/1) | 881ft2 | Call for Price† |
| 2 Bedroom (2/1) | 886ft2 | Call for Price† |
| 3 Bedroom (3/2) | 1111ft2 | 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 Osito Ridge Family Apartments have a waiting list?
Osito Ridge Family 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 Osito Ridge Family 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.
In addition to Osito Ridge Family Apartments, how many other affordable housing properties (and units) are there in Denver?
In addition to Osito Ridge Family Apartments, we list 308 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.
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