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Affordable Housing Option in Springfield, MA at Colonial Estates Colonial Estates is an apartment complex located in Springfield, MA that offers affordable housing options. These rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, which provides incentives to builders and developers to offer affordable homes for low-income individuals. Income and Rent Restrictions To qualify for these apartments, applicants must meet the applicable program rent and income restrictions set by the LIHTC. The maximum rent charged is based on the Area Median Income (AMI). However, it is important to note that the AMI may make this apartment unaffordable for some low-income individuals. Therefore, it is recommended to check the current rental rates to determine if it fits within your budget. Apartment Details Colonial Estates boasts a total of 231 low-income two and three-bedroom apartments. These comfortable units provide an ideal living space for individuals and families seeking affordable housing options. Office Hours The office is open for assistance from Monday to Friday, with specific hours as follows: - Monday: 9 am - 5 pm - Tuesday: 9 am - 5 pm - Thursday: 9 am - 5 pm - Friday: 9 am - 5 pm - Wednesday: 9 am - 12 pm Waiting Lists and Application Process Please be aware that most apartments nowadays have waiting lists. However, the contact information provided will allow you to reach out directly and inquire about the availability and application process for Colonial Estates. HUD Subsidized Apartments Colonial Estates accepts HUD subsidies, making it an attractive option for individuals who qualify for low-income housing. If there are available apartments, the rent for HUD-subsidized units is based on 30% of the applicant's Adjusted Gross Income. For more information and specific details, please call the provided contact number. Apartment Types Available At Colonial Estates, they offer both two and three-bedroom apartments. Depending on your housing needs, you can choose between the following options: - 2 Bedroom apartments - 3 Bedroom apartments Contact Information To learn more or start the application process for Colonial Estates, please reach out using the contact information provided below: - Phone: [insert contact number] - Email: [insert email address] Remember, finding a suitable and affordable housing option is crucial. Do not hesitate to contact Colonial Estates and explore if this community aligns with your needs and preferences.
1 Beacon Circle, Springfield, MA 01119
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