228 West Main Street, Trinidad, CO 81082
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 2 Beds | 1 Bath | - |
This property is currently under construction.
Trinidad Artspace Lofts is located in vibrant Trinidad, Colorado and offers an exceptional Live.Work.Play concept for creatives. Street-level amenities make up the first level of this beautiful community, just one block off Main Street, boasts views of the mountains and Purgatory River to provide plenty of inspiration to its residents.
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 Trinidad Artspace Lofts 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 |
|---|---|---|
| Studio (Studio/1) | - | Rent is Based On Your Income† |
| One Bedroom (1/1) | - | Rent is Based On Your Income† |
| Two Bedroom (2/1) | - | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $30,450 / year | $34,800 / year | $39,150 / year | $43,500 / year |
| 50% AMI for PBRA Units | $30,450 / year | $34,800 / year | $39,150 / year | $43,500 / year |
| 60% AMI for LIHTC Units | $36,540 / year | $41,760 / year | $46,980 / year | $52,200 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Trinidad Artspace Lofts have a waiting list?
Trinidad Artspace Lofts 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 Trinidad Artspace Lofts?
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 Trinidad Artspace Lofts?
Trinidad Artspace Lofts is managed by Silva Markham Partners headquartered in Denver, CO.
In addition to Trinidad Artspace Lofts, how many other affordable housing properties (and units) are there in Trinidad?
In addition to Trinidad Artspace Lofts, we list 13 other affordable properties in Trinidad. Learn about these properties here. Our data research shows that there are a total of 310 affordable units in Trinidad.
When was the Trinidad Artspace Lofts listing last updated?
Trinidad Artspace Lofts listing on Affordable Housing Online was last updated on 02/02/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
421 E North Ave, Trinidad, Colorado 81082
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