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College Way Village

1429 E College Way, Olathe, Kansas 66062

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Call (913) 782-7047

College Way Village is managed by California Commercial Investment Companies .

College Way Village Senior Apartments offer affordable studio and one-bedroom apartments.

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Call for Price
1 Bedroom (1/1) - Call for Price
Waiting List is Open Now

Last updated on November 8th, 2018

Eligibility for College Way Village

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 Olathe but actual income limits may differ for units at College Way Village.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $21,550 $24,600 $27,700 $30,750 $35,140 $40,280 $45,420 $50,560
50% $35,900 $41,000 $46,150 $51,250 $55,350 $59,450 $63,550 $67,650
80% $57,400 $65,600 $73,800 $82,000 $88,600 $95,150 $101,700 $108,250

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 Olathe but actual income limits may differ for units at College Way Village.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $35,900 $41,000 $46,150 $51,250 $55,350 $59,450 $63,550 $67,650

College Way Village Details

  • 22 studio and one bedroom units.
  • Section 202 Supportive Housing for the Elderly
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Community Room
  • Library
  • Coin-Operated Laundry
  • Smoke Free
  • Pool Table

Office Hours

Day Hours
Monday 8:30am-4:30pm
Tuesday 8:30am-4:30pm
Wednesday 8:30am-4:30pm
Thursday 8:30am-4:30pm
Friday 8:30am-4:30pm
Section 202 Supportive Housing for the Elderly

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.

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.