Studebaker Lofts offers 31 rental lofts above the Patagonia store in downtown Denver. Located at 15th and Blake Streets, Studebaker is convenient to the restaurants and pub in Lodo, Denver and Larimer Square.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Denver but actual income limits may differ for units at Studebaker Lofts.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$41,050||$46,900||$52,750||$58,600||$63,300||$68,000||$72,700||$77,400|
|Low Income (60%)||$49,260||$56,280||$63,300||$70,320||$75,960||$81,600||$87,240||$92,880|
Studebaker Lofts is managed by Denver Housing Authority.