About This Property
Reserve at Thornton II contains 60 low-income rental units in Thornton, Colorado, serving families with a mix of 36 two-bedroom and 24 three-bedroom apartments. The property has been in service since 2006 and participates in the 9% Low-Income Housing Tax Credit program. This affordable housing community is located in Adams County.
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 Reserve At Thornton Ii is typically 30% of household income or less.
What size apartments are available at Reserve At Thornton Ii?+
Reserve At Thornton Ii offers the following unit types: 36 Two-Bedroom, 24 Three-Bedroom units, for a total of 60 units.
How do I apply for housing at Reserve At Thornton Ii?+
Reserve At Thornton Ii 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.
Who is eligible to live at Reserve At Thornton Ii?+
Reserve At Thornton Ii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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 Reserve At Thornton Ii?+
Reserve At Thornton Ii 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: 2-bedroom: $2201, 3-bedroom: $2874. Actual rent at Reserve At Thornton Ii may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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