The Point Crossing Apartments is managed by Silva Markham Partners.
The Point Crossing is a workforce housing community that offers 1-bedroom, 2-bedroom, and 3-bedroom floor plans. Each apartment home includes a washer/dryer, energy efficient appliances, walk-in closet, individual water heaters, and paid water, electricity, gas,trash and sewer utilities. Community amenities include a commuity center, exercise room, resident storage, 24-hour emergency service, and controlled access.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 657 | Call for Price |
Two Bedroom (2/2) | 952 | Call for Price |
Three Bedroom (3/2) | 1089 | Call for Price |
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 The Point Crossing Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $43,450 | $49,650 | $55,850 | $62,050 | $67,050 | $72,000 |
Low Income (60%) | $52,140 | $59,580 | $67,020 | $74,460 | $80,460 | $86,400 |
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.