Sheridan Ridge Townhomes

6601 Sheridan Blvd, Arvada, Colorado 80003

Contact Sheridan Ridge Townhomes

In September 2006 Archway Housing & Services Inc., then Rocky Mountain HDC Inc., was able to help secure the future of Sheridan Ridge Townhomes by assuming the role of property management and in 2008 stepped into ownership of the property. Sheridan Ridge Townhomes is a 65-unit (two, three and four bedroom) mixed affordable and market-rate property in Arvada, Colorado where residents earn an annual income between 50-120% Area Median Income (AMI). Sheridan Ridge Townhomes feature oversized windows, full size washer and dryer hook ups, 2.5 bathrooms, patios and one car attached garages.

Eligibility for Sheridan Ridge Townhomes

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Arvada but actual income limits may differ for units at Sheridan Ridge Townhomes.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$43,450	$49,650	$55,850	$62,050	$67,050	$72,000	$76,950	$81,950
Low Income (60%)	$52,140	$59,580	$67,020	$74,460	$80,460	$86,400	$92,340	$98,340

Sheridan Ridge Townhomes Details

65 bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Garage

Unit Amenities

Oversized Windows
Full-Size Washer & Dryer Connections

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.