About This Property
Garden Park Villa offers 50 low-income units in Canon City, Colorado, serving elderly residents. The property includes 12 studio apartments, 37 one-bedroom units, and one two-bedroom unit, having been placed in service in 2014. Financing includes tax-exempt bonds and 4% Low-Income Housing Tax Credits.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Fremont 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 | $912 |
| 1 Bedroom | $918 |
| 2 Bedroom | $1,206 |
| 3 Bedroom | $1,669 |
| 4 Bedroom | $1,866 |
Income Limits - Fremont County, CO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,450
- Very Low (50%)
- $25,750
- Low (80%)
- $41,200
- Extremely Low (30%)
- $17,650
- Very Low (50%)
- $29,400
- Low (80%)
- $47,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,100
- Low (80%)
- $52,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,750
- Low (80%)
- $58,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,700
- Low (80%)
- $63,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,650
- Low (80%)
- $68,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,600
- Low (80%)
- $72,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,550
- Low (80%)
- $77,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,450 | $25,750 | $41,200 |
| 2 Persons | $17,650 | $29,400 | $47,050 |
| 3 Persons | $21,960 | $33,100 | $52,950 |
| 4 Persons | $26,500 | $36,750 | $58,800 |
| 5 Persons | $31,040 | $39,700 | $63,550 |
| 6 Persons | $35,580 | $42,650 | $68,250 |
| 7 Persons | $40,120 | $45,600 | $72,950 |
| 8 Persons | $44,660 | $48,550 | $77,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Canon City, CO?+
The Fair Market Rent (FMR) for Fremont County, CO is: $912 (Studio), $918 (1BR), $1206 (2BR), $1669 (3BR), $1866 (4BR). Actual rent at subsidized properties like Garden Park Villa is typically 30% of household income or less.
What size apartments are available at Garden Park Villa?+
Garden Park Villa offers the following unit types: 12 Studio, 37 One-Bedroom, 1 Two-Bedroom units, for a total of 50 units.
Who is eligible to live at Garden Park Villa?+
Garden Park Villa primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Canon City, CO?+
Based on Fair Market Rent for Fremont County, the estimated price range is: 1-bedroom: $918, 2-bedroom: $1206. Actual rent at Garden Park Villa may be lower for income-eligible households.
What are the income limits for affordable housing in Fremont County, CO?+
For a 4-person household in Fremont County, CO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,750, Low Income (80% AMI): $58,800. These limits are set by HUD and updated annually.
How do I apply for housing at Garden Park Villa?+
Garden Park Villa 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 manages Garden Park Villa?+
Garden Park Villa is managed by . You can reach them at . Visit their website for more information.
What is the HUD inspection score for Garden Park Villa?+
Garden Park Villa has a HUD inspection score of 96 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
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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