The Ridge is managed by Greccio Housing.
The Ridge - South Colorado Springs
Construction is complete! Residents began moving in, Friday, June 26, 2020.
Leasing is currently full at this time.
The Ridge is a new-construction 60-unit property of 1-, 2-, and 3-bedroom units at the intersection of Hwy 115 and S. Academy, in the Broadmoor Bluffs neighborhood. Rental rates are income based.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bed One Bath (1/1) | 703 | Call for Price |
Two Bedroom One Bath (2/1) | 887 | Call for Price |
Three Bedroom Two Bath (3/2) | 1174 | Call for Price |
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.