About This Property
Homewood Point Apts comprises 104 low-income units in Colorado Springs designed to serve families, with a mix of 32 one-bedroom and 72 two-bedroom floor plans. The property has been in service since 2006 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. The community is managed to provide stable housing options for eligible residents in El Paso County.
Waitlist Information
Waitlist managed by Housing Authority of the City of Colorado Springs
All applicants must live and/or work in El Paso County, Colorado, when the application is submitted.
The current directive from HUD to pause the issuance of new Housing Choice Vouchers is still in effect. The annual HCV/Section 8 Lottery Wait List usually opens every July.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - El Paso County, CO
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,190 |
| 1 Bedroom | $1,408 |
| 2 Bedroom | $1,734 |
| 3 Bedroom | $2,444 |
| 4 Bedroom | $2,875 |
Income Limits - El Paso County, CO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,300
- Very Low (50%)
- $28,850
- Low (80%)
- $46,150
- Extremely Low (30%)
- $19,800
- Very Low (50%)
- $33,000
- Low (80%)
- $52,750
- Extremely Low (30%)
- $22,250
- Very Low (50%)
- $37,100
- Low (80%)
- $59,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,200
- Low (80%)
- $65,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,500
- Low (80%)
- $71,200
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,800
- Low (80%)
- $76,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,100
- Low (80%)
- $81,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,400
- Low (80%)
- $87,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,300 | $28,850 | $46,150 |
| 2 Persons | $19,800 | $33,000 | $52,750 |
| 3 Persons | $22,250 | $37,100 | $59,350 |
| 4 Persons | $26,500 | $41,200 | $65,900 |
| 5 Persons | $31,040 | $44,500 | $71,200 |
| 6 Persons | $35,580 | $47,800 | $76,450 |
| 7 Persons | $40,120 | $51,100 | $81,750 |
| 8 Persons | $44,660 | $54,400 | $87,000 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Colorado Springs, CO?+
The Fair Market Rent (FMR) for El Paso County, CO is: $1190 (Studio), $1408 (1BR), $1734 (2BR), $2444 (3BR), $2875 (4BR). Actual rent at subsidized properties like Homewood Point Apts is typically 30% of household income or less.
What size apartments are available at Homewood Point Apts?+
Homewood Point Apts offers the following unit types: 32 One-Bedroom, 72 Two-Bedroom units, for a total of 104 units.
How do I apply for housing at Homewood Point Apts?+
Homewood Point Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Colorado Springs, CO?+
Based on Fair Market Rent for El Paso County, the estimated price range is: 1-bedroom: $1408, 2-bedroom: $1734. Actual rent at Homewood Point Apts may be lower for income-eligible households.
Who is eligible to live at Homewood Point Apts?+
Homewood Point Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in El Paso County, CO?+
For a 4-person household in El Paso County, CO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,200, Low Income (80% AMI): $65,900. These limits are set by HUD and updated annually.
Who manages Homewood Point Apts?+
Homewood Point Apts is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Homewood Point Apts?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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