Aspen Place Apartments

2550 Great Northern Avenue, Missoula, MT 59808

Waiting List Forecast: Likely Short or None

check_circleVerified for 2020 by Lorena Bentley, Ric Gresia, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 2 Beds	1 Bath	600 - 720 Sq Ft

Call (406) 543-1107 Email

Waitlist Forecast

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.

WELCOME TO ASPEN PLACE APARTMENTS
A 55+ Community Proudly Managed by
Infinity Management and Investment offering one and two bedroom units located in the town of Missoula, MT.

Dave's Thoughts On Aspen Place Apartments

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 Aspen Place Apartments 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 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many 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 lower incomes. 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

Aspen Place Apartments Amenities

Elevator
Community Room
Library
On-Site Manager
Close to Public Transportation
Air Conditioning
Ceiling Fan(s)
Dishwasher
Garbage Disposal
Microwave
Cable Ready
Window Coverings
Carpet
Storage
Refrigerator
Bicycle Storage
Community Media Center
Off Street Parking
Picnic Area
Energy Efficient Appliances

Units at Aspen Place Apartments

Unit (Bd/Ba)	Ft²	Rent
One Bedroom One Bath (1/1)	600ft²	Call for Price^†
Two Bedroom One Bath (2/1)	720ft²	Call for Price^†

Income Qualification for Aspen Place Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people
50% AMI for LIHTC Units	$30,250 / year	$34,600 / year	$38,900 / year	$43,200 / year
50% AMI for PBRA Units	$30,250 / year	$34,600 / year	$38,900 / year	$43,200 / year
60% AMI for LIHTC Units	$36,300 / year	$41,520 / year	$46,680 / year	$51,840 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Aspen Place Apartments

Does Aspen Place Apartments have a waiting list?

Aspen Place Apartments 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 Aspen Place Apartments?

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 Aspen Place Apartments?

Aspen Place Apartments is managed by Infinity Management & Investments, LLC headquartered in Lewiston, Idaho.

In addition to Aspen Place Apartments, how many other affordable housing properties (and units) are there in Missoula?

In addition to Aspen Place Apartments, we list 55 other affordable properties in Missoula. Learn about these properties here. Our data research shows that there are a total of 1704 affordable units in Missoula.