40 West Residences

5830 W COLFAX AVE, Lakewood, CO 80214

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 2 Beds	1 Bath	600 - 870 Sq Ft

Call (720) 464-5621

Waitlist Forecast

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.

Project-Based Vouchers

Dave's Thoughts On 40 West Residences

Because 40 West Residences 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

40 West Residences Amenities

Fitness Center
Computer Lab
Community Room
Covered Parking
Dishwasher
Microwave
Utilities Included
Security System
Refrigerator
On-Site Social Services
Community Garden
Stove
Fully Equipped Kitchen
24 Hour Maintenance
Friendly Management
On-Site Security
Community Kitchen

Units at 40 West Residences

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	600ft²	Call for Price^†
2 Bedroom (2/1)	870ft²	Call for Price^†

Income Qualification for 40 West Residences

*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
30% AMI for PBRA Units	$26,100 / year	$29,800 / year	$33,550 / year	$37,250 / year
50% AMI for LIHTC Units	$43,450 / year	$49,650 / year	$55,850 / year	$62,050 / year
50% AMI for PBRA Units	$43,450 / year	$49,650 / year	$55,850 / year	$62,050 / year
60% AMI for LIHTC Units	$52,140 / year	$59,580 / year	$67,020 / year	$74,460 / year
80% AMI for PBRA Units	$66,300 / year	$75,750 / year	$85,200 / year	$94,650 / year

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

FAQs for 40 West Residences

Does 40 West Residences have a waiting list?

40 West Residences 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 40 West Residences?

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.

In addition to 40 West Residences, how many other affordable housing properties (and units) are there in Lakewood?

In addition to 40 West Residences, we list 136 other affordable properties in Lakewood. Learn about these properties here. Our data research shows that there are a total of 2903 affordable units in Lakewood.

When was the 40 West Residences listing last updated?

40 West Residences listing on Affordable Housing Online was last updated on 01/01/2023 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.