1610 San Miguel St, Norwood, CO 81423
Waiting List Forecast: Likely Short or None
Verified for 2018 by Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,000 per Month† | 4 Beds | 2 Baths | 1 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.
Cottonwood Creek Estates in Norwood, Colorado is surrounded by some of the finest scenery around. Lone Cone to the South, the La Sals to the West, and the San Juan Mountains just to the East are the backdrop to our beautiful community. We are minutes from the Galloping Goose and Telluride commuter shuttles, making your commute around Colorado a breeze. You will enjoy the charm and elegance of Cottonwood Creek Estates.
Our four bedroom floor plans are built with your convenience in mind. Cottonwood Creek Estates amenities are second to none. Each home comes with vaulted ceilings, ceiling fans, all-electric kitchens, spacious walk-in closets, carpeted and tile floors, washer and dryer connections, and a garage. Your dogs are welcome, as they are family too.
At Cottonwood Creek Estates we offer comfortable living in a community unlike any other. Enjoy a lifestyle of endless satisfaction with on-site and on-call maintenance and a management team who cares. This warm and inviting community welcomes you and your family. Tour our photo gallery and see what we have to offer.
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 Cottonwood Creek Estates 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 |
|---|---|---|
| 4 Bedroom (4/2) | 1ft2 | $1,000† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $34,900 / year | $39,900 / year | $44,900 / year | $49,850 / year | $53,850 / year | $57,850 / year | $61,850 / year | $65,850 / year |
| 50% AMI for PBRA Units | $34,900 / year | $39,900 / year | $44,900 / year | $49,850 / year | $53,850 / year | $57,850 / year | $61,850 / year | $65,850 / year |
| 60% AMI for LIHTC Units | $41,880 / year | $47,880 / year | $53,880 / year | $59,820 / year | $64,620 / year | $69,420 / year | $74,220 / year | $79,020 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cottonwood Creek Estates have a waiting list?
Cottonwood Creek Estates 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 Cottonwood Creek Estates?
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 Cottonwood Creek Estates?
Cottonwood Creek Estates is managed by Kurtex Property Management, Inc. headquartered in Aurora, Colorado.
In addition to Cottonwood Creek Estates, how many other affordable housing properties (and units) are there in San Miguel County?
In addition to Cottonwood Creek Estates, we list 2 other affordable properties in San Miguel County. Learn about these properties here. Our data research shows that there are a total of 246 affordable units in San Miguel County.
More people usually means more waiting lists.
Areas with the highest populations tend to have the most amount of waiting list opportunities.La'Velle D Jackson says:
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