Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 633 From $1,020 To $1,297
Two Bedroom (2/2) 977 From $1,210 To $1,544
Three Bedroom (3/2) 1163 From $1,389 To $1,773

This property is currently under construction.

Walden35 is a brand new affordable apartment community conveniently located close to retail and restaurants in Aurora’s Gateway Park, close to the 40th Ave & Airport Blvd rail station!  The community will be complete in November 2023. Applications are currently being accepted.

Eligibility for Walden35

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 Walden35.

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

Walden35 Details

  • 100 one, two and three bedroom units.
  • HOME Investment Partnerships Program
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Community Room
  • Bicycle Storage
  • Secured Entry
  • Courtyard
  • Dog Park

Unit Amenities

  • Dishwasher
  • Microwave
  • Refrigerator
  • Oven and Range
  • Washer and Dryer Included

Nearby Amenities

  • Near Shopping
  • Near Restaurants
  • Near Metro Station
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.

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.

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