About This Property
Mercy Holly Park West contains 96 low-income residential units in Commerce City, Colorado, with a mix of one-, two-, three-, and four-bedroom apartments. The property was placed in service in 1999 and is financed through tax-exempt bonds and 4% Low-Income Housing Tax Credits. A nonprofit organization owns and manages the community.
Property Details
Fair Market Rent - Adams County, CO
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,658 |
| 1 Bedroom | $1,835 |
| 2 Bedroom | $2,201 |
| 3 Bedroom | $2,874 |
| 4 Bedroom | $3,225 |
Income Limits - Adams County, CO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,700
- Low (80%)
- $55,950
- Extremely Low (30%)
- $25,200
- Very Low (50%)
- $41,950
- Low (80%)
- $63,950
- Extremely Low (30%)
- $28,350
- Very Low (50%)
- $47,200
- Low (80%)
- $71,950
- Extremely Low (30%)
- $31,450
- Very Low (50%)
- $52,400
- Low (80%)
- $79,900
- Extremely Low (30%)
- $34,000
- Very Low (50%)
- $56,600
- Low (80%)
- $86,300
- Extremely Low (30%)
- $36,500
- Very Low (50%)
- $60,800
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $65,000
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $69,200
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,050 | $36,700 | $55,950 |
| 2 Persons | $25,200 | $41,950 | $63,950 |
| 3 Persons | $28,350 | $47,200 | $71,950 |
| 4 Persons | $31,450 | $52,400 | $79,900 |
| 5 Persons | $34,000 | $56,600 | $86,300 |
| 6 Persons | $36,500 | $60,800 | $92,700 |
| 7 Persons | $40,120 | $65,000 | $99,100 |
| 8 Persons | $44,660 | $69,200 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Commerce City, CO?+
The Fair Market Rent (FMR) for Adams County, CO is: $1658 (Studio), $1835 (1BR), $2201 (2BR), $2874 (3BR), $3225 (4BR). Actual rent at subsidized properties like Mercy Holly Park West is typically 30% of household income or less.
What size apartments are available at Mercy Holly Park West?+
Mercy Holly Park West offers the following unit types: 24 One-Bedroom, 48 Two-Bedroom, 12 Three-Bedroom, 12 Four-Bedroom units, for a total of 96 units.
What is the price range for apartments in Commerce City, CO?+
Based on Fair Market Rent for Adams County, the estimated price range is: 1-bedroom: $1835, 2-bedroom: $2201, 3-bedroom: $2874. Actual rent at Mercy Holly Park West may be lower for income-eligible households.
What are the income limits for affordable housing in Adams County, CO?+
For a 4-person household in Adams County, CO, the income limits are: Extremely Low Income (30% AMI): $31,450, Very Low Income (50% AMI): $52,400, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
Who manages Mercy Holly Park West?+
Mercy Holly Park West is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Mercy Holly Park West?+
Mercy Holly Park West is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Mercy Holly Park West
Kearney Plaza Apts Ahpc
Commerce City, CO
51 UnitsNorthfield At Stapleton
Denver, CO
84 UnitsKearney Plaza
Commerce City, CO
50 UnitsRenaissance At North Colorado Station
Denver, CO
103 UnitsHolly Park Apartments
Commerce City, CO
168 UnitsConter Estates Senior Apts I
Commerce City, CO
75 Units