Aspen Meadows Apartments

651 Potomac Ave, Aurora, Colorado 80011

Contact Aspen Meadows Apartments

Aspen Meadows Apartments is an affordable, senior (62+) community. They offer 1 bedroom floor plans. Applicants must be 62 years of age or older and/or disabled, or individuals 18 and older with a disability. Contact the property for current availability. Rent is based on income. Waitlist placement and income limit restrictions may apply. Amenities and features: appliances included, community room, computer room, laundry facility, and more! Applicants should bring the following documentation: original birth certificate(s), original social security card(s), current government issued photo I.D.(s) for anyone 18 years of age or older, proof of income/pay stubs. Equal Housing Opportunity.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	529	Income Based

Eligibility for Aspen Meadows Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Aurora but actual income limits may differ for units at Aspen Meadows Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$26,100	$29,800	$33,550	$37,250	$40,250	$43,250	$46,200	$50,560
50%	$43,450	$49,650	$55,850	$62,050	$67,050	$72,000	$76,950	$81,950
80%	$66,300	$75,750	$85,200	$94,650	$102,250	$109,800	$117,400	$124,950

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 Aurora but actual income limits may differ for units at Aspen Meadows Apartments.

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

Aspen Meadows Apartments Details

100 one bedroom units.
Mid Rise
Water and Sewer utilities included in rent
Heat utility included in rent
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Community Room
Computer Room
Laundry Facility

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.