Montbello FreshLo Hub is managed by Montbello Organizing Committee.
This property is currently under construction.
The FreshLo Hub will include a six-story, affordable housing building with 1-bedroom, 2-bedroom, and 3-bedroom floor plans. Residents will enjoy multiple amenities including full appliance packages with microwaves and ovens, in-unit washers and dryers, parking, common and fitness rooms, and patio space for community gardens and outdoor programming.
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 Montbello FreshLo Hub.
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 |
Low Income (60%) | $52,140 | $59,580 | $67,020 | $74,460 | $80,460 | $86,400 | $92,340 | $98,340 |
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.