Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Green Valley Apts

1960 S Chelton Rd, Colorado Springs, CO, 80916

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Green Valley Apts comprises 121 units in Colorado Springs, with 120 designated as low-income housing. The property offers a mix of one-, two-, and three-bedroom floor plans across 48, 49, and 24 units respectively, and has been in service since 1995. The community utilizes 9% Low-Income Housing Tax Credits.

Waitlist Information

Waitlist managed by Housing Authority of the City of Colorado Springs

Public Housing Waitlist
Closed
Apply: Online

Applicants on any of our wait lists can call (719) 387-6700 and dial 1 to hear their ranking at any time. Rankings for Public Housing 1-bedroom elderly and/or disabled or Public Housing 2-bedroom waiting lists have been updated on WaitListCheck accounts. Automated phone system rankings may take until April 16, 2026, to update.

Last verified April 4, 2026
Section 8 (HCV) Waitlist
Closed
Apply: Online

The current directive from HUD to pause the issuance of new Housing Choice Vouchers is still in effect. The annual HCV/Section 8 Lottery Wait List usually opens every July.

Last verified February 10, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
121
1 Bedroom
48
2 Bedroom
49
3 Bedroom
24

Fair Market Rent - El Paso County, CO

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,190
1 Bedroom$1,408
2 Bedroom$1,734
3 Bedroom$2,444
4 Bedroom$2,875

Income Limits - El Paso County, CO

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$17,300
Very Low (50%)
$28,850
Low (80%)
$46,150
2 Persons
Extremely Low (30%)
$19,800
Very Low (50%)
$33,000
Low (80%)
$52,750
3 Persons
Extremely Low (30%)
$22,250
Very Low (50%)
$37,100
Low (80%)
$59,350
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$41,200
Low (80%)
$65,900
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$44,500
Low (80%)
$71,200
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$47,800
Low (80%)
$76,450
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$51,100
Low (80%)
$81,750
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$54,400
Low (80%)
$87,000

Tax Credit Program Details

Year Placed in Service
1995
LIHTC Credit Type
9%
Low-Income Units
120 / 121

Frequently Asked Questions

What is the average rent for affordable housing in Colorado Springs, CO?+

The Fair Market Rent (FMR) for El Paso County, CO is: $1190 (Studio), $1408 (1BR), $1734 (2BR), $2444 (3BR), $2875 (4BR). Actual rent at subsidized properties like Green Valley Apts is typically 30% of household income or less.

What size apartments are available at Green Valley Apts?+

Green Valley Apts offers the following unit types: 48 One-Bedroom, 49 Two-Bedroom, 24 Three-Bedroom units, for a total of 121 units.

What are the income limits for affordable housing in El Paso County, CO?+

For a 4-person household in El Paso County, CO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,200, Low Income (80% AMI): $65,900. These limits are set by HUD and updated annually.

What is the price range for apartments in Colorado Springs, CO?+

Based on Fair Market Rent for El Paso County, the estimated price range is: 1-bedroom: $1408, 2-bedroom: $1734, 3-bedroom: $2444. Actual rent at Green Valley Apts may be lower for income-eligible households.

Who manages Green Valley Apts?+

Green Valley Apts is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Green Valley Apts?+

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.

How do I apply for housing at Green Valley Apts?+

Green Valley 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.

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Contact Information

Walk Score

Somewhat Walkable

67
Walk
40
Transit
70
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

El Paso County, CO

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