515 West Prosser Road, Cheyenne, WY 82007
Waiting List Forecast: Likely Short or None
Verified for 2020 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $584 - 808 per Month† | 1 - 3 Beds | 1 - 2 Baths | 871 - 1,085 Sq Ft |
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.
Fox Farm Townhomes units are leasing-up very quickly. There is still an opportunity for you to lease one of these units. To see if you pre-qualify, call today, do not delay! 307-288-5111
Located at 515 W Prosser Rd, these beautiful townhome-style apartments are conveniently located close to Rossman Elementary, Johnson Jr High and South High School. In addition, the apartment community is close to services and retail stores. These are among the most spacious townhome apartments in Cheyenne and feature one, two and three bedroom homes. The one bedroom have one bathroom, and the two and three bedroom have two bathrooms.
Each apartment home contains an energy efficient refrigerator, stove, dishwasher, microwave oven, and washer and dryer. Other amenities include air conditioner, high-speed cable/internet wiring, storage space, off-street parking and energy efficient design to help keep your costs down. The property also features a community room & playground area.
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 Fox Farm Townhomes 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 |
|---|---|---|
| One Bedroom (1/1) | 871ft2 | $584† |
| Two Bedroom (2/2) | 1085ft2 | $701† |
| Three Bedroom (3/2) | 1081ft2 | $808† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $33,150 / year | $37,850 / year | $42,600 / year | $47,300 / year | $51,100 / year | $54,900 / year |
| 50% AMI for PBRA Units | $33,150 / year | $37,850 / year | $42,600 / year | $47,300 / year | $51,100 / year | $54,900 / year |
| 60% AMI for LIHTC Units | $39,780 / year | $45,420 / year | $51,120 / year | $56,760 / year | $61,320 / year | $65,880 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Fox Farm Townhomes have a waiting list?
Fox Farm Townhomes 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 Fox Farm Townhomes?
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 Fox Farm Townhomes?
Fox Farm Townhomes is managed by Highland Property Management headquartered in Missoula, MT.
In addition to Fox Farm Townhomes, how many other affordable housing properties (and units) are there in Cheyenne?
In addition to Fox Farm Townhomes, we list 56 other affordable properties in Cheyenne. Learn about these properties here. Our data research shows that there are a total of 1688 affordable units in Cheyenne.
501 South Snyder Avenue, Cheyenne, Wyoming 82007
3229 Randy Road, Cheyenne, Wyoming 82001
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