Lakota Ridge Senior Housing

705 Castle Valley Blvd., New Castle, Colorado 81647

Lakota Ridge Senior Apartments is an affordable housing property renting to seniors 55 and older.

the property is composed of (40) 1 bedroom units and (10) 2 bedrom units.

to be eligible, applicants must be 55+ and make a gross income of less than 60% of the area median income (ami). the current in garfield county which meets this criteria is $30,060 for one household member and $34,320 for two members.

unit rent is based on applicant's % income category.  rent includes electric, gas, water, trash and sewer.  Resident is responsible for phone, internet and tv.

Contact Lakota Ridge Senior Housing

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price

Lakota Ridge Senior Housing Details

  • 50 0 and 0 bedroom units.
  • HOME Investment Partnerships Program

Unit Amenities

  • Cable Ready
  • Water Trash and Sewer Included

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

New Castle Low-Income Housing Tax Credit Income Limits

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 New Castle but actual income limits may differ for units at Lakota Ridge Senior Housing.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $30,950 $35,350 $39,750 $44,150 $47,700 $51,250 $54,750 $58,300
Low Income (60%) $37,140 $42,420 $47,700 $52,980 $57,240 $61,500 $65,700 $69,960

Lakota Ridge Senior Housing is managed by Community Resources & Housing Development Corporation.

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