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Low Income (LIHTC)

Aspen Village

1401 SULLIVAN LN, Sparks, NV, 89431

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Aspen Village offers 43 low-income units in Sparks designed to serve families, with a mix of 16 one-bedroom and 27 two-bedroom apartments. The property has been in service since 2013 and provides affordable rental housing in Washoe County.

Property Details

Total Units
43
1 Bedroom
16
2 Bedroom
27

Fair Market Rent - Washoe County, NV

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

BedroomsFMR
Studio/Efficiency$1,072
1 Bedroom$1,257
2 Bedroom$1,582
3 Bedroom$2,229
4 Bedroom$2,669

Income Limits - Washoe County, NV

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

1 Person
Extremely Low (30%)
$17,550
Very Low (50%)
$29,250
Low (80%)
$46,800
2 Persons
Extremely Low (30%)
$20,050
Very Low (50%)
$33,400
Low (80%)
$53,450
3 Persons
Extremely Low (30%)
$22,550
Very Low (50%)
$37,600
Low (80%)
$60,150
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$41,750
Low (80%)
$66,800
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$45,100
Low (80%)
$72,150
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$48,450
Low (80%)
$77,500
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$51,800
Low (80%)
$82,850
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$55,150
Low (80%)
$88,200

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Tax Credit Program Details

Year Placed in Service
2013
LIHTC Credit Type
3
Low-Income Units
43 / 43
Target Population
FamiliesAIDS/HIV RELATED ILLNESS

Frequently Asked Questions

What is the average rent for affordable housing in Sparks, NV?+

The Fair Market Rent (FMR) for Washoe County, NV is: $1072 (Studio), $1257 (1BR), $1582 (2BR), $2229 (3BR), $2669 (4BR). Actual rent at subsidized properties like Aspen Village is typically 30% of household income or less.

What size apartments are available at Aspen Village?+

Aspen Village offers the following unit types: 16 One-Bedroom, 27 Two-Bedroom units, for a total of 43 units.

What is the price range for apartments in Sparks, NV?+

Based on Fair Market Rent for Washoe County, the estimated price range is: 1-bedroom: $1257, 2-bedroom: $1582. Actual rent at Aspen Village may be lower for income-eligible households.

Who is eligible to live at Aspen Village?+

Aspen Village primarily serves families, AIDS/HIV RELATED ILLNESS. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

What are the income limits for affordable housing in Washoe County, NV?+

For a 4-person household in Washoe County, NV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,750, Low Income (80% AMI): $66,800. These limits are set by HUD and updated annually.

How do I apply for housing at Aspen Village?+

Aspen Village is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Aspen Village?+

Aspen Village is managed by . You can reach them at .

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Contact Information

Walk Score

Very Walkable

71
Walk
64
Bike

Nearby Schools

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

Location

Washoe County, NV

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