Vista El Rancho

1055 El Rancho Road, Evergreen, Colorado 80439

Vista El Rancho is a new property that opened in Winter of 2019, located in beautiful Evergreen, Colorado. Serving individuals and families whose income is at or below 30% - 60% of the Area Median Income "AMI". *AMI restrictions are designated at the time of application and are done a first come first serve basis. The 55-unit, two-story building includes one, two and three bedroom units.

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Message Vista El Rancho

This project has been funded and will begin construction soon.

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - $1,044
Two Bedroom (2/1) - $1,254
Three Bedroom (3/1) - $1,448

Vista El Rancho Details

  • 54 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • On-Site Parking
  • On-Site Laundry

Low-Income Housing Tax Credit (LIHTC)

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.

Evergreen Low-Income Housing Tax Credit Income Limits

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 Evergreen but actual income limits may differ for units at Vista El Rancho.

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

Vista El Rancho is managed by Foothills Regional Housing.

Image of Vista El Rancho
Image of Vista El Rancho