Kappa Towers is managed by Silva Markham Partners.
Kappa Tower Apartments offers a terrific affordable community in Denver, CO 80205. They’re located close to Safeway, the RTD bus lines and the Light Rail. You’ll enjoy their well-planned community. They have a community room and a conference/meeting room too. Their enclosed courtyard is a delightful way to take in the sunshine.
You’ll appreciate the energy efficient appliances. Some of the homes have downtown views. Air conditioning helps keep things cool in the Summer. Their non-smoking community is a breath of fresh air. Heat and water utilities are included. You’ll enjoy assigned parking in our lot.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | 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 Denver but actual income limits may differ for units at Kappa Towers.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $26,100 | $29,800 | $33,550 | $37,250 | $40,250 | $43,250 | $46,200 | $50,560 |
50% | $43,450 | $49,650 | $55,850 | $62,050 | $67,050 | $72,000 | $76,950 | $81,950 |
80% | $66,300 | $75,750 | $85,200 | $94,650 | $102,250 | $109,800 | $117,400 | $124,950 |
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.