Rental requirements at Phoenix On The Fax in Denver, Colorado

Rental Requirements
Income Restrictions

Income restriction limits and associated criteria are set by state, federal, and other applicable regulatory guidelines. All rental applications are subject to approval based on any applicable income restrictions or applicant-screening requirements. To learn more or ask questions about our application process, please contact our leasing office.

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Resident couple having a goodtime at Phoenix On The Fax in Denver, Colorado

Affordable Housing

Phoenix On The Fax participates in the Housing Tax Credit affordable housing program. Phoenix On The Fax accepts Section 8 Housing Choice Vouchers and other forms of rental assistance programs.

Household maximum income limits and all full-time student household limitations apply. The household income is based on gross annual income (before taxes and any deductions) earned and unearned from all sources including, but not limited to; employment, social security, unemployment, child support, public assistance, pensions, annuities, interest income, dividends, stocks, bonds, insurance settlements, recurring gifts from family/friends, lottery winnings, etc.

Income documentation will be required for all household members. Total gross household income must be under the following limits based on household size:

Step 1: Review Eligibility:

This property participates in different levels of affordable housing programs. Please contact the office to inquire about other affordable housing programs we participate in. If you are interested in the low-income housing tax credit program, the maximum household income limits are below.

If you hold a housing voucher and it is equal to or higher than the current rent limits assigned to the property, you are welcome to apply.

Minimum Household Income: Two times (2x) the rent.

# OF OCCUPANTS 30% AMI MAXIMUM
INCOME LIMIT		 50% AMI MAXIMUM
INCOME LIMIT		 60% AMI MAXIMUM
INCOME LIMIT
1 Person

$30,240

$50,400

$60,480
2 Persons

$34,560

$57,600

$69,120
3 Persons

$38,880

$64,800

$77,760
4 Persons

$43,200

$72,000

$86,400
5 Persons

$46,680

$77,800

$93,360
6 Persons

$50,130

$83,550

$100,260
7 persons

$53,580

$89,300

$107,160
8 persons

$57,030

$95,050

$114,060

Step 2: Submit Application and Fees

Online applications are currently unavailable for Affordable/Income-Restricted apartment homes. To apply, please contact our team to schedule an appointment to complete your application and required paperwork in person. To help avoid delays, please bring the required documentation for all household members to your appointment. Depending on your household and sources of income, documentation may include the following.

  • Government-issued photo identification
  • Social Security cards or other required identification documents
  • Proof of income, such as Social Security, child support, and employment
  • Bank or asset statements
  • Benefit documentation, if applicable
  • Documentation for any additional sources of household income
  • Other documents requested by the leasing or compliance team to verify eligibility

*Additional documentation may be required based on your household circumstances and the specific affordable housing program.

All adult household members age 18 or older must complete an application and participate in the required screening and eligibility verification process.

Application Fees & Deposit

The applicable application fee and security deposit are due at the time of application to reserve an apartment.

Our team will contact you once the application has been processed and reviewed for lease and compliance approval.

Kitchen at Phoenix On The Fax in Denver, Colorado

Step 3: Schedule Move-In Orientation

Upon application approval, a member of our leasing team will contact you to schedule your move-in orientation. During this appointment, we will verify that your Resident Portal is set up, the apartment utilities are in your name, collect the first rent payment, sign your lease, give you a tour of the community and apartment, and hand over the keys to your new home!

Entry at Phoenix On The Fax in Denver, Colorado

*IMPORTANT NOTE:  Rent rates are subject to change yearly based upon HUD’s adjustment of the income limits for the specified area. The rent rates may change when new limits are released. Rent is not based on the household’s income. The rental amount remains the same for the full term of your one-year lease. 

PLEASE NOTE: Phoenix On The Fax accepts Section 8 Housing Choice Vouchers and other forms of rental assistance programs. Please confirm your maximum payment standard with your housing case worker before applying.