About This Property
Renaissance 88 Apts is a 180-unit affordable housing community in Thornton, Colorado that has served families since 2007. The property includes 178 low-income units with a mix of one-, two-, three-, and four-bedroom floor plans. Funding for the property comes from HOME grants and tax-exempt bonds, with financing through 4% Low-Income Housing Tax Credits.
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Thornton, 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 Renaissance 88 Apts is typically 30% of household income or less.
What size apartments are available at Renaissance 88 Apts?+
Renaissance 88 Apts offers the following unit types: 18 One-Bedroom, 72 Two-Bedroom, 72 Three-Bedroom, 18 Four-Bedroom units, for a total of 180 units.
Who is eligible to live at Renaissance 88 Apts?+
Renaissance 88 Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Renaissance 88 Apts?+
Renaissance 88 Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Thornton, 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 Renaissance 88 Apts 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.
How do I apply for housing at Renaissance 88 Apts?+
Renaissance 88 Apts 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
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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