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Taylor Springs Apartments

1812 S West Temple, Salt Lake City, Utah 84115

Welcome to Taylor Springs Apartments. This affordable senior living for individuals age 55 and older, operating under Section 42 of the Internal Revenue Code governing the affordable housing tax credit program, Taylor Springs offers spacious floor plans and top notch amenities. Stop by to see this beautiful property.

Taylor Springs Apartments Details

  • 95 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

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.

Salt Lake City 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 Salt Lake City but actual income limits may differ for units at Taylor Springs Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $32,300 $36,900 $41,500 $46,100 $49,800 $53,500 $57,200 $60,900
Low Income (60%) $38,760 $44,280 $49,800 $55,320 $59,760 $64,200 $68,640 $73,080

Taylor Springs Apartments is managed by Housing Authority of Salt Lake City.

Image of Taylor Springs Apartments

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