Willow Green is managed by Archway Housing & Services.
Completed in 2005, Willow Green Townhomes are located in Arvada, Colorado and consist of five multifamily buildings with a total of 60 units. Of those 60 units, there are 20 two-bedrooms and 40-three bedrooms with six units reserved for transitional housing. At Willow Green, transitional housing families work with Stride, a social service agency, to bridge the gap between homelessness and self-sufficiency. Willow Green residents earn annual incomes of 30-60% Annual Median Income (AMI). Willow Green has full size washer and dryer hookups, patios or balconies, surface or garage parking as well as an onsite community center with a computer room, playground and basketball court with a staffed Family Services Program and after school program for children.
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 Willow Green.
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 |
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.