Pinion Apartments

1170 Colt Dr, Elko, Nevada 89801

Welcome to Pinion Apartments – where the comfort of home meets affordable living. Pinion proudly serves individuals who need rental assistance. Financing is managed by Nevada Rural Housing Authority (NRHA) and provided by the USDA 515 and the use of Low Income Housing Tax Credits (LIHTC).

When you’re a resident at Pinion Apartments, their numerous amenities help cater to your needs. Their apartments offer extra storage, security cameras, a playground, a laundry facility and a community room ideal for socializing and unwinding. The individual apartments have the option for two- and three-bedrooms floor-plans, all including energy-efficient appliances and HVAC systems.

Units

Unit (Bd/Ba) Ft2 Rent
2x1 (2/1) 825 Call for Price
3x1 (3/1) 960 Call for Price

Pinion Apartments Details

  • 52 two and three bedroom units.
  • Section 515 Rural Rental Housing
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Playground
  • Community Room
  • Business Center
  • On-Site Manager
  • On-Site Parking
  • Community Garden
  • Surveillance Cameras
  • Laundry Facility
  • Community Kitchen

Unit Amenities

  • Air Conditioning
  • Extra Storage
  • Balconies or Patios Available

Office Hours

Day Hours
Monday 8:00am-4:00pm
Tuesday 8:00am-4:00pm
Wednesday 8:00am-4:00pm
Thursday 8:00am-4:00pm
Friday 8:00am-12:00pm

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

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.

Elko HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Elko but actual income limits may differ for units at Pinion Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $21,350 $24,400 $27,450 $30,450 $32,900 $37,190 $41,910 $46,630
50% $35,550 $40,600 $45,700 $50,750 $54,850 $58,900 $62,950 $67,000
80% $56,850 $65,000 $73,100 $81,200 $87,700 $94,200 $100,700 $107,200

Pinion Apartments is managed by Blue Bird Property LLC.

Image of Pinion Apartments
Image of Pinion Apartments
Image of Pinion Apartments
Image of Pinion Apartments

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