Located at 1081 Adams in Silverthorne, CO.  Nestled in the Rocky Mountains, one block from Highway 9 in Summit County, the Villa Sierra Madre Apartments offers 1, 2, and 3 bedroom apartment homes. There is easy access to I-70, as well as to local shopping and business districts. Free bus service is provided throughout the county with a bus stop on the property.  The complex offers families affordable, high-quality living in a community atmosphere. (Tax Credit) Smoke-Free Community.

See below for more information on qualifying:
To qualify, the total amount of money before taxes and any deductions (Gross Income), received by all household members, plus interest and/or income from all assets must not exceed the below Annual Income Limit for the number of people in household.

Income Limits Date Effective 06/01/2023
Number of people in household     
Annual Income Limit  60%   

1	2	3	4	5	6
$51,180	$58,500	$65,820	$73,080	$78,960	$84,780

 

1 Bedroom	$2,83
2 Bedroom	$1,539
3 Bedroom	$1,778

 Applicants must have sufficient income to pay rent and are required to have a monthly income that is two (2) times the monthly rent of the unit they would occupy. 

Our screening process includes third-party income verifications from employers and landlords, evictions, credit and criminal background checks for every applicant over age 18. Households consisting entirely of full-time students are not eligible for this afforable housing program unless meeting one of the exemptions. We are a smoke free and pet free community. Unit size is determined by family size with no less that 1 person & no more than 2 people per bedroom. 
No one can be added to the household during the initial lease term of 1 year unless that addition is due to the documented birth of a child, marriage, legal adoption, foster child or as a need of a verified Reasonable Accommodation request due to a disability. 
Our Tax Credit Communities are operated under the LIHTC (low income housing tax credit) program and any falsification or misrepresentation will be considered a material breach.  Giving fraudulent or misrepresented information will invalidate this application and the applicant(s) will be denied housing.