Income Qualifications for Canopy at Red Oak Park 2 & 3-Bedroom Apartments
Households can earn up to 60% of Boulder's Area Median Income.*
This means that households of these sizes can earn up to these amounts:
- 2 people: $55,260
- 3 people: $62,160
- 4 people: $69,060
- 5 people: $74,640
- 6 people: $80,160
- 7 people: $85,680
Example: If you have two people in your household, your total gross annual income cannot exceed $55,260 at time of lease-up.
Minimum Income - 2 Times the Rent
Households are also required to earn a minimum gross monthly income of 2 times the rent (unless using a Housing Choice Voucher) to be eligible.
- For 2 bedroom apartments at Canopy at Red Oak Park, this minimum income is $2,978/month.
- For 3 bedroom apartments at Canopy at Red Oak Park, this minimum income is $3,432/month
*Income is based on the limits published by the Colorado Housing and Finance Authority.