Ashwood Apartments

1421 E 21st St, Pueblo, Colorado 81001

The Ashwood Apartments is a 25 unit complex for seniors aged 55 and over and is located on the east side of Pueblo at 1421 E. 21st Street. All apartments are one bedroom with the following amenities: refrigerator, range, disposal, dishwasher, central air conditioning and washer/dryer hookups, cable ready and assigned car ports.

Units

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

Ashwood Apartments Details

  • 25 one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program

Unit Amenities

  • Central Air
  • Dishwasher
  • Washer and Dryer Hookup
  • Cable Ready
  • Refrigerator
  • Oven and Range

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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.

Pueblo 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 Pueblo but actual income limits may differ for units at Ashwood Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $28,800 $32,900 $37,000 $41,100 $44,400 $47,700 $51,000 $54,300
Low Income (60%) $34,560 $39,480 $44,400 $49,320 $53,280 $57,240 $61,200 $65,160

Ashwood Apartments is managed by Housing Authority of the City of Pueblo.

Image of Ashwood Apartments

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