Foothills Green is managed by Archway Housing & Services.
Foothills Green Townhomes are located in Lakewood, Colorado and is an affordable housing community with 72 units. The families residing at Foothills Green earn annual incomes of 40-60% of Area Median Income (AMI). Foothills Green has full size washer and dryer hook ups, patios and surface parking, as well as an on-site community center with a community room, playground and community greenhouse with a staffed Family Services and after school program for children.
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 Foothills Green.
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.