Shooks Run Apartments is managed by Terra Management Group LLC .
Shooks Run Apartments offer 1-bedroom, 2-bedroom, and 3-bedroom floor plans. Each unit includes a full size washer/dryer, central heat & air, island and peninsula kitchens, overhead lighting, ample closet/storage space, private deck/balcony with private exterior storage, and incredible mountain or park views! Community amenities include a playground, picnic shelter, community garden, and ample surface parking. Private garages are also available for a monthly additional rent. Please contact property regarding pet policy. The community is on the bus line & across the street from Shooks Run Park and is also less than a mile from The Springs Legacy Institute.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | From $430 |
Two Bedroom (2/2) | - | From $475 |
Three Bedroom (3/2) | - | From $546 |
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 Colorado Springs but actual income limits may differ for units at Shooks Run Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $34,150 | $39,000 | $43,900 | $48,750 | $52,650 | $56,550 |
Low Income (60%) | $40,980 | $46,800 | $52,680 | $58,500 | $63,180 | $67,860 |
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.