3436 South Shields Street, Fort Collins, CO 80526
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Village on Shields has been undergoing a major rehabilitation since September 2017. Renovations are almost complete. The leasing office is currently under renovation and has temporarily moved to the community clubhouse at 953 Richmond Ave.
Village on Shields is located on the northeast corner of Shields Street and Horsetooth Road. This property is comprised of 285 apartment homes across three apartment communities: Richmond, Cunningham and Windmill.
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 Village on Shields 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
| 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 Village on Shields have a waiting list?
Village on Shields 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 Village on Shields?
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 Village on Shields?
Village on Shields is managed by Housing Catalyst headquartered in Fort Collins, CO.
In addition to Village on Shields, how many other affordable housing properties (and units) are there in Fort Collins?
In addition to Village on Shields, 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.
When was the Village on Shields listing last updated?
Village on Shields listing on Affordable Housing Online was last updated on 03/06/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Courtney Cannon Scott says:
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