About This Property
Terraces on Pennsylvania Senior Residences contains 62 low-income units serving elderly residents in Englewood, Colorado. The property offers 40 one-bedroom and 22 two-bedroom apartments and has been in service since 2008. The development uses 9% Low-Income Housing Tax Credits to support affordable housing operations.
Waitlist Information
Waitlist managed by Englewood Housing Authority
Innovative Housing Concepts has no open waiting lists for general public housing family units at this time.
Innovative Housing Concepts currently has no open waiting lists for HCV.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Arapahoe 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 - Arapahoe 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 Englewood, CO?+
The Fair Market Rent (FMR) for Arapahoe County, CO is: $1658 (Studio), $1835 (1BR), $2201 (2BR), $2874 (3BR), $3225 (4BR). Actual rent at subsidized properties like Terraces on Pennsylvania Senior Residences is typically 30% of household income or less.
What size apartments are available at Terraces on Pennsylvania Senior Residences?+
Terraces on Pennsylvania Senior Residences offers the following unit types: 40 One-Bedroom, 22 Two-Bedroom units, for a total of 62 units.
What is the price range for apartments in Englewood, CO?+
Based on Fair Market Rent for Arapahoe County, the estimated price range is: 1-bedroom: $1835, 2-bedroom: $2201. Actual rent at Terraces on Pennsylvania Senior Residences may be lower for income-eligible households.
How do I apply for housing at Terraces on Pennsylvania Senior Residences?+
Terraces on Pennsylvania Senior Residences 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 Terraces on Pennsylvania Senior Residences?+
Terraces on Pennsylvania Senior Residences primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Terraces on Pennsylvania Senior Residences?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Terraces on Pennsylvania Senior Residences?+
Terraces on Pennsylvania Senior Residences is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Arapahoe County, CO?+
For a 4-person household in Arapahoe 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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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