Pikes Peak Properties is managed by Colorado Springs Housing Authority.
Pikes Peak Properties are one bedroom and two bedroom units for eligible families, elderly/disabled applicants. Tenants will pay 30% of their gross income for rent and some apartments are responsible for paying their electric bill depending upon the location. Pikes Peak Properties are located at two different locations and have four apartments per building. They offer off street parking as well as two handicapped accessible units. Participants are required to have an annual inspection.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom One Bath (1/1) | - | Call for Price |
Two Bedroom One Bath (2/1) | - | 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 a HUD rental assistance program in Colorado Springs but actual income limits may differ for units at Pikes Peak Properties.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $20,500 | $23,400 | $26,350 | $30,000 |
50% | $34,150 | $39,000 | $43,900 | $48,750 |
80% | $54,600 | $62,400 | $70,200 | $78,000 |
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.