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Affordable Housing Option in Boulder, CO Introduction: Looking for an affordable housing option in Boulder, CO? Dunn Memorial Housing offers Low-Income Housing Tax Credit (LIHTC) apartments that cater to individuals with limited income. LIHTC and Rental Restrictions: Supported by the LIHTC program, these rental apartments have income and program rent restrictions. The LIHTC program encourages builders and developers to provide affordable housing for low-income individuals. However, it's important to note that the maximum rent charged is based on the Area Median Income (AMI), which may still pose affordability challenges for some. Affordability Considerations: Due to the AMI-based rent structure, this apartment may be unaffordable for those with low incomes. To determine affordability, it is recommended to check the current rental rates. Keep in mind that waiting lists for apartments are quite common in today's market. One-Bedroom Apartments for Low-Income Individuals: Dunn Memorial Housing offers low-income one-bedroom apartments within their complex. These properties are ideal for individuals seeking affordable housing solutions. Applying and Qualifying: To pursue an application or assess eligibility for residency, it is best to contact Dunn Memorial Housing directly. Their contact information can be found below. Conclusion: Dunn Memorial Housing provides a desirable affordable housing option in Boulder, CO. If you are in search of low-income housing, consider reaching out to them for further information and potential eligibility.
4805 Baseline, Boulder, CO 80303
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