About This Property
Truscott Affordable Housing Phase II offers 87 units in Aspen, Colorado, with 86 designated as low-income housing. The property contains 24 studio units, 25 one-bedroom units, and 38 two-bedroom units and has been in service since 2002. The development is funded through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Pitkin 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 | $1,630 |
| 1 Bedroom | $1,835 |
| 2 Bedroom | $2,060 |
| 3 Bedroom | $2,491 |
| 4 Bedroom | $3,317 |
Income Limits - Pitkin County, CO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $22,350
- Very Low (50%)
- $37,250
- Low (80%)
- $55,950
- Extremely Low (30%)
- $25,550
- Very Low (50%)
- $42,600
- Low (80%)
- $63,950
- Extremely Low (30%)
- $28,750
- Very Low (50%)
- $47,900
- Low (80%)
- $71,950
- Extremely Low (30%)
- $31,900
- Very Low (50%)
- $53,200
- Low (80%)
- $79,900
- Extremely Low (30%)
- $34,500
- Very Low (50%)
- $57,500
- Low (80%)
- $86,300
- Extremely Low (30%)
- $37,050
- Very Low (50%)
- $61,750
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $66,000
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $70,250
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,350 | $37,250 | $55,950 |
| 2 Persons | $25,550 | $42,600 | $63,950 |
| 3 Persons | $28,750 | $47,900 | $71,950 |
| 4 Persons | $31,900 | $53,200 | $79,900 |
| 5 Persons | $34,500 | $57,500 | $86,300 |
| 6 Persons | $37,050 | $61,750 | $92,700 |
| 7 Persons | $40,120 | $66,000 | $99,100 |
| 8 Persons | $44,660 | $70,250 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Aspen, CO?+
The Fair Market Rent (FMR) for Pitkin County, CO is: $1630 (Studio), $1835 (1BR), $2060 (2BR), $2491 (3BR), $3317 (4BR). Actual rent at subsidized properties like Truscott Affordable Housing Phase Ii is typically 30% of household income or less.
What size apartments are available at Truscott Affordable Housing Phase Ii?+
Truscott Affordable Housing Phase Ii offers the following unit types: 24 Studio, 25 One-Bedroom, 38 Two-Bedroom units, for a total of 87 units.
What are the income limits for affordable housing in Pitkin County, CO?+
For a 4-person household in Pitkin County, CO, the income limits are: Extremely Low Income (30% AMI): $31,900, Very Low Income (50% AMI): $53,200, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
How do I apply for housing at Truscott Affordable Housing Phase Ii?+
Truscott Affordable Housing Phase Ii 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.
What is the price range for apartments in Aspen, CO?+
Based on Fair Market Rent for Pitkin County, the estimated price range is: 1-bedroom: $1835, 2-bedroom: $2060. Actual rent at Truscott Affordable Housing Phase Ii may be lower for income-eligible households.
Who manages Truscott Affordable Housing Phase Ii?+
Truscott Affordable Housing Phase Ii is managed by . You can reach them at . Visit their website for more information.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.