Kings Point Apartments

3500 S Lowell Blvd, Denver, Colorado 80236

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Message Kings Point Apartments

Kings Point Apartments is a senior housing building in the beautiful and refreshing city of Denver, Colorado. Kings Point Apartments if the perfect choice if you are looking for a safe and comfortable place to call home. Denver is truly a city for everyone. Surrounded by glorious views of the Rocky Mountains, Denver is the perfect city to live in if you like the outdoors, since stunning hiking trails surround the city and make for an absolutely perfect day trip. Denver is also surrounded by dozens of lakes where you can fish, relax on a boat, or just enjoy the beauty of nature. Downtown Denver is just as exciting, with fantastic restaurants, interesting shops, and friendly and polite citizens. Denver also has a thriving arts and culture scene, and hosts many festivals and community events throughout the year. 

Eligibility for Kings Point Apartments

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 Kings Point Apartments.

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

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 Denver but actual income limits may differ for units at Kings Point Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $43,450 $49,650 $55,850 $62,050 $67,050 $72,000 $76,950 $81,950

Kings Point Apartments Details

  • 50 bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)
Section 8 Project-Based Rental Assistance (PBRA)

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.

Low-Income Housing Tax Credit (LIHTC)

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.

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