About This Property
Prentice Place Lofts offers 104 low-income units in Greenwood Village, Colorado, with a unit mix of 64 one-bedroom, 32 two-bedroom, and 8 three-bedroom apartments. The property has been in service since 2006 and is funded through HOME and 9% LIHTC credit programs. The community is managed to serve households with low incomes in Arapahoe County.
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 Greenwood Village, 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 Prentice Place Lofts is typically 30% of household income or less.
What size apartments are available at Prentice Place Lofts?+
Prentice Place Lofts offers the following unit types: 64 One-Bedroom, 32 Two-Bedroom, 8 Three-Bedroom units, for a total of 104 units.
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.
Who manages Prentice Place Lofts?+
Prentice Place Lofts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Greenwood Village, CO?+
Based on Fair Market Rent for Arapahoe County, the estimated price range is: 1-bedroom: $1835, 2-bedroom: $2201, 3-bedroom: $2874. Actual rent at Prentice Place Lofts may be lower for income-eligible households.
How do I apply for housing at Prentice Place Lofts?+
Prentice Place Lofts 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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