Located at 1506 West Horsetooth Road, it includes 96 apartments, a community center, playground and large greenspace with a community garden. Apartments will be offered at rents below market rate. Income restrictions apply.
Last updated on February 26th, 2019
|One Bedroom (1/1)||-||$1,045|
|Two Bedroom (2/1)||-||$1,207|
This property may receive funding from a participating jurisdiction (local or state government agency) through the HUD Community Development Block Grant (CDBG) Program. If funding is used to meet the CDBG national housing objective, at least 51% of the units must be initially occupied by households earning 80% or less of area median income. The local jurisdiction defines affordable rents for these units.
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 Fort Collins but actual income limits may differ for units at Village on Horsetooth.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person|
|Low Income (60%)||$45,120||$51,540||$57,960||$64,380||$69,540||$74,700|
Village on Horsetooth is managed by Housing Catalyst.