3750 South Mason Street, Fort Collins, CO 80525
Waiting List Forecast: Likely Short or None
Verified 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.
Because Mason Place 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, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| 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.
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 47 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.
1506 West Horsetooth Road, Fort Collins, Colorado 80526
4786 Mcmurry Ave, Fort Collins, Colorado 80525
3851 Taft Hill Road, Fort Collins, Colorado 80526
301 E Harmony Rd, Fort Collins, Colorado 80525
149 Remington St, Fort Collins, Colorado 80524
If you're a homeless veteran, contact your VA Medical Center.
You may have an opportunity to apply for a VASH voucher, which is a Section 8 voucher for homeless veterans.Takesha Powell says:
"Affordable Housing Online is a great resource that provides a lot of helpful links to get low-income and affordable housing."