9700 Welby Rd, Thornton, CO 80229
Waiting List Forecast: Likely Short or None
Verified for 2023 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | - |
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.
Reserve at Thornton offers an impressive selection of one, two, and three bedroom floor plans that will become your distinctive retreat. Relax at home, entertain your guests or take advantage of the quality amenities that are designed to enhance your living experience. Our newly remodeled apartment homes feature a private balcony or patio, a fully equipped kitchen with breakfast bar, plush wall-to-wall carpeting, air conditioning, mirrored closets and more!
Community amenities include sparkling swimming pools, a state-of-the-art fitness center, club house with copy and fax services, beautiful lush landscaping, assigned parking, and ample guest parking.
This desirable community, nestled in the heart of Thornton, creates an atmosphere of serenity enhanced by lush landscaping and dramatic architecture. You'll discover a vibrant neighborhood of shops, fine restaurants, acclaimed schools and entertainment. With interstates 25 and 76 easily accessible, residents are just minutes from downtown Denver and beautiful recreational parks.
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 Reserve at Thornton 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. As a LIHTC property that chose the 20/50 election, this property has agreed to set aside at least 20% of its units for families and individuals earning 50% of Area Median Income (AMI). Many of these properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with very low incomes.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Rent is Based On Your Income† |
| 2 Bedrooms (2/2) | - | Rent is Based On Your Income† |
| 3 Bedrooms (3/2) | - | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $43,450 / year | $49,650 / year | $55,850 / year | $62,050 / year | $67,050 / year | $72,000 / year |
| 50% AMI for PBRA Units | $43,450 / year | $49,650 / year | $55,850 / year | $62,050 / year | $67,050 / year | $72,000 / year |
| 60% AMI for LIHTC Units | $52,140 / year | $59,580 / year | $67,020 / year | $74,460 / year | $80,460 / year | $86,400 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Reserve at Thornton have a waiting list?
Reserve at Thornton 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 Reserve at Thornton?
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 Reserve at Thornton?
Reserve at Thornton is managed by Security Properties Residential headquartered in Seattle, WA.
In addition to Reserve at Thornton, how many other affordable housing properties (and units) are there in Thornton?
In addition to Reserve at Thornton, we list 49 other affordable properties in Thornton. Learn about these properties here. Our data research shows that there are a total of 1456 affordable units in Thornton.
When was the Reserve at Thornton listing last updated?
Reserve at Thornton listing on Affordable Housing Online was last updated on 01/03/2023 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.
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