About This Property
Aspinwall At Josephine Commons comprises 167 low-income rental units in Lafayette, Colorado, serving families across a range of unit sizes. The property includes 60 one-bedroom, 74 two-bedroom, 31 three-bedroom, and 2 four-bedroom apartments and has been in service since 2014. The development utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing.
Property Details
Fair Market Rent - Boulder 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 | $1,585 |
| 1 Bedroom | $1,823 |
| 2 Bedroom | $2,217 |
| 3 Bedroom | $2,898 |
| 4 Bedroom | $3,394 |
Income Limits - Boulder County, CO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $24,550
- Very Low (50%)
- $40,950
- Low (80%)
- $56,300
- Extremely Low (30%)
- $28,050
- Very Low (50%)
- $46,800
- Low (80%)
- $64,350
- Extremely Low (30%)
- $31,550
- Very Low (50%)
- $52,650
- Low (80%)
- $72,400
- Extremely Low (30%)
- $35,050
- Very Low (50%)
- $58,450
- Low (80%)
- $80,400
- Extremely Low (30%)
- $37,900
- Very Low (50%)
- $63,150
- Low (80%)
- $86,850
- Extremely Low (30%)
- $40,700
- Very Low (50%)
- $67,850
- Low (80%)
- $93,300
- Extremely Low (30%)
- $43,500
- Very Low (50%)
- $72,500
- Low (80%)
- $99,700
- Extremely Low (30%)
- $46,300
- Very Low (50%)
- $77,200
- Low (80%)
- $106,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $24,550 | $40,950 | $56,300 |
| 2 Persons | $28,050 | $46,800 | $64,350 |
| 3 Persons | $31,550 | $52,650 | $72,400 |
| 4 Persons | $35,050 | $58,450 | $80,400 |
| 5 Persons | $37,900 | $63,150 | $86,850 |
| 6 Persons | $40,700 | $67,850 | $93,300 |
| 7 Persons | $43,500 | $72,500 | $99,700 |
| 8 Persons | $46,300 | $77,200 | $106,150 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lafayette, CO?+
The Fair Market Rent (FMR) for Boulder County, CO is: $1585 (Studio), $1823 (1BR), $2217 (2BR), $2898 (3BR), $3394 (4BR). Actual rent at subsidized properties like Aspinwall At Josephine Commons is typically 30% of household income or less.
What size apartments are available at Aspinwall At Josephine Commons?+
Aspinwall At Josephine Commons offers the following unit types: 60 One-Bedroom, 74 Two-Bedroom, 31 Three-Bedroom, 2 Four-Bedroom units, for a total of 167 units.
What are the income limits for affordable housing in Boulder County, CO?+
For a 4-person household in Boulder County, CO, the income limits are: Extremely Low Income (30% AMI): $35,050, Very Low Income (50% AMI): $58,450, Low Income (80% AMI): $80,400. These limits are set by HUD and updated annually.
Who manages Aspinwall At Josephine Commons?+
Aspinwall At Josephine Commons is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Lafayette, CO?+
Based on Fair Market Rent for Boulder County, the estimated price range is: 1-bedroom: $1823, 2-bedroom: $2217, 3-bedroom: $2898. Actual rent at Aspinwall At Josephine Commons may be lower for income-eligible households.
How do I apply for housing at Aspinwall At Josephine Commons?+
Aspinwall At Josephine Commons 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 Aspinwall At Josephine Commons?+
Aspinwall At Josephine Commons primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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