Cottonwood Terrace I

705 W 6th St, Gillette, Wyoming 82716

Contact Cottonwood Terrace I

Senior Housing offering one and two bedroom units for seniors 55 yrs or older located in the town of Gillette,WY.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom One Bath (1/1)	-	From $605
Two Bedroom One Bath (2/1)	-	From $710

Eligibility for Cottonwood Terrace I

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 Gillette but actual income limits may differ for units at Cottonwood Terrace I.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$36,700	$41,950	$47,200	$52,400
Low Income (60%)	$44,040	$50,340	$56,640	$62,880

Cottonwood Terrace I Details

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

Property Amenities

Community Room
On-Site Manager
On-Site Maintenance
Laundry Facilities
Community Kitchen

Unit Amenities

Refrigerator
Stove
Large Closets

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.