Phoenix on the Fax

7101 E Colfax Ave, Denver, CO 80220

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Sherman Marketing

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 3 Beds	1 - 2 Baths	641 - 1,075 Sq Ft

Call (719) 745-8358 Email

Waitlist Forecast

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.

Phoenix on the Fax is already causing waves as one of the newest and undoubtedly one of the best places to live on East Colfax in Denver. With state of the art amenities including a computer learning center, tot lot, community space with billiards and spectacular living spaces, Phoenix on the Fax will not disappoint! Come in today for a tour and you will see why so many are already calling Phoenix one of the best places to live on The Fax.

Dave's Thoughts On Phoenix on the Fax

Because Phoenix on the Fax 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 and the type of LIHTC program, additional units may have even lower household income requirements and corresponding lower rent caps.

~ Dave Layfield, Founder of Affordable Housing Online

Phoenix on the Fax Amenities

Controlled Access
Elevator
Community Room
Surveillance Cameras

Units at Phoenix on the Fax

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	641ft²	Call for Price^†
2 Bedroom (2/2)	892ft²	Call for Price^†
3 Bedroom (3/2)	1075ft²	Call for Price^†

Income Qualification for Phoenix on the Fax

*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	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.

FAQs for Phoenix on the Fax

Does Phoenix on the Fax have a waiting list?

Phoenix on the Fax 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 Phoenix on the Fax?

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 Phoenix on the Fax?

Phoenix on the Fax is managed by Sherman Associates headquartered in Minneapolis, MN.

In addition to Phoenix on the Fax, how many other affordable housing properties (and units) are there in Denver?

In addition to Phoenix on the Fax, 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 Phoenix on the Fax listing last updated?

Phoenix on the Fax listing on Affordable Housing Online was last updated on 09/13/2023 by Sherman Marketing. Remember, a property's status can change so you should contact the property to confirm.