40 West Residences

40 West Residences, Lakewood, Colorado 80214

40 West Residences is a four story, 46,663 square foot building comprised of 54 one bedrooms and 6 two bedrooms. Twenty-five of those units are set aside for homeless US Military veterans and one two-bedroom unit will be set aside for the property manager. The remaining 34 units will be reserved for single persons or couples who meet the income requirements.

In partnership with the VA, the Colorado Division of Housing and HUD, Archway was awarded 25 project based VASH Vouchers to serve the veterans who are homeless. Archway has also partnered with Jefferson Center for Mental Health, VA-Eastern +- and Rocky Mountain Human Services to provide critical services for veterans. These partnerships and the construction of 40 West Residences will reduce the delays in housing placement for homeless veterans and increase housing choice for veterans, especially at a time when affordable housing options are limited.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/1)	-	Call for Price

Eligibility for 40 West Residences

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 Lakewood but actual income limits may differ for units at 40 West Residences.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$43,450	$49,650	$55,850	$62,050
Low Income (60%)	$52,140	$59,580	$67,020	$74,460

40 West Residences Details

54 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Community Room

Unit Amenities

Fully Equipped Kitchen

Nearby Amenities

Close to Public Transportation

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.