Flats at Colebridge

851 Bell Avenue, Tarrant, Alabama 35217

Contact Flats at Colebridge

The Flats at Colebridge is a beautiful new complex for seniors 55 and up who live independently. We offer spacious 1 and 2 bedroom units with fully equipped kitchens, energy star appliances, air conditioning and much more. Our complex amenities include a community room, a computer center and picnic area with grills.

We are in a quiet neighborhood, but close to shopping. We are accepting applications now, please contact our friendly staff for more information.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	742	$455
Two Bedroom (2/1)	916	$540

Eligibility for Flats at Colebridge

Flats at Colebridge Details

56 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

BBQ and Picnic Area
Community Room
Off-Street Parking
Gazebo
Energy Star Appliances
On Bus-line
Laundry Facility
Resident Activities

Unit Amenities

Dishwasher
Washer and Dryer Hookup
Blinds
Central Heat & Air

Office Hours

Day	Hours
Monday	9:00am-4:00pm
Tuesday	1:00pm-4:00pm
Wednesday	9:00am-4:00pm
Thursday	1:00pm-4:00pm
Friday	9:00am-4:00pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.