Mason Place

3750 South Mason Street, Fort Collins, CO 80525

Waiting List Forecast: Likely Short or None

check_circleVerified for 2021 by Lorena Bentley

Rent	Beds	Baths	SqFt
Call for Rents^†	Floorplan Info Upon Request	-	-

This project has been funded and will begin construction soon.

Housing Catalyst purchased the Midtown Arts Center in January 2018, intending to transform the building into apartments in late 2020. The Midtown Arts Center, currently a performing arts center with a dinner theater, will continue its programs and remain open through August 2019. After that time, the Center plans to move to new location with a larger capacity for its entertainment venue.

Housing Catalyst will begin redevelopment of the building in late 2019. We plan to provide 60 apartments and support services for people with a disability who are homeless. We believe the best way to help end homelessness is by providing safe, affordable homes along with concentrated support services for the most vulnerable people in our community. This supportive housing model has proven to be the most effective way to solve homelessness in cities throughout the country.

Dave's Thoughts On Mason Place

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 Mason Place 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

Mason Place Amenities

Community Room
On-Site Manager
Laundry Room

Income Qualification for Mason Place

*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	7 people	8 people
50% AMI for LIHTC Units	$39,800 / year	$45,450 / year	$51,150 / year	$56,800 / year	$61,350 / year	$65,900 / year	$70,450 / year	$75,000 / year
50% AMI for PBRA Units	$39,800 / year	$45,450 / year	$51,150 / year	$56,800 / year	$61,350 / year	$65,900 / year	$70,450 / year	$75,000 / year
60% AMI for LIHTC Units	$47,760 / year	$54,540 / year	$61,380 / year	$68,160 / year	$73,620 / year	$79,080 / year	$84,540 / year	$90,000 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Mason Place

Does Mason Place have a waiting list?

Mason Place 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 Mason Place?

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 Mason Place?

Mason Place is managed by Housing Catalyst headquartered in Fort Collins, CO.

In addition to Mason Place, how many other affordable housing properties (and units) are there in Fort Collins?

In addition to Mason Place, we list 123 other affordable properties in Fort Collins. Learn about these properties here. Our data research shows that there are a total of 3944 affordable units in Fort Collins.