Village on Redwood is located at 1331 Redwood Street in beautiful Fort Collins, CO, nestled in the foothills of the Rocky Mountains. It is located in the north end of town with convenient access to schools, stores, restaurants and public transportation. Downtown is less than a mile away offering dining, local boutiques, art, and entertainment. Village on Redwood offers spacious and energy efficient 1, 2 and 3 bedroom apartments and townhomes with washers and dryers. The property includes a playground, outdoor BBQ grill, community garden and a large clubhouse with fitness room. It also is adjacent to a large natural area with a pond and walking paths.
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 Redwood.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$37,600||$42,950||$48,300||$53,650||$57,950||$62,250||$66,550||$70,850|
|Low Income (60%)||$45,120||$51,540||$57,960||$64,380||$69,540||$74,700||$79,860||$85,020|
Village on Redwood is managed by Housing Catalyst.