Garden Apartments is managed by Avail Property Mangement, Inc..
Garden Apartments are an affordable community offering 84 units of housing. For more information, please contact their management office.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 612 | Income Based |
2 Bedroom (2/1) | 940 | Income Based |
3 Bedroom (3/1.5) | 1340 | Income Based |
4 Bedroom (4/3) | 1777 | Income Based |
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 Colorado Springs but actual income limits may differ for units at Garden Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $20,500 | $23,400 | $26,350 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $34,150 | $39,000 | $43,900 | $48,750 | $52,650 | $56,550 | $60,450 | $64,350 |
80% | $54,600 | $62,400 | $70,200 | $78,000 | $84,250 | $90,500 | $96,750 | $103,000 |
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.