2325 E 1st St, Loveland, CO 80537
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 2 Baths | 978 - 1,118 Sq Ft |
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.
Brookstone Apartment Homes offer 2-bedroom and 3-bedroom floor plans for families in Loveland, CO. Each unit comes cable ready and features a refrigerator, range, garbage disposal, dishwasher, central air, washer/dryer hook-up, and a private patio or balcony. Community amenities include a clubhouse with a meeting room,playground, sports court, 24-hour on call maintenance, and scholarship opportunities. Brookstone is an affordable apartment community located in Southeastern Loveland, providing easy access to I-25, schools, shopping, entertainment and is directly across the street from the Boys & Girls Club.
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 Brookstone Apartment Homes 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
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/2) | 978ft2 | Call for Price† |
| Three Bedroom (3/2) | 1118ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Brookstone Apartment Homes have a waiting list?
Brookstone Apartment Homes 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 Brookstone Apartment Homes?
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 Brookstone Apartment Homes, how many other affordable housing properties (and units) are there in Loveland?
In addition to Brookstone Apartment Homes, we list 14 other affordable properties in Loveland. Learn about these properties here. Our data research shows that there are a total of 1134 affordable units in Loveland.
When was the Brookstone Apartment Homes listing last updated?
Brookstone Apartment Homes listing on Affordable Housing Online was last updated on 11/27/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
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