517 PARK CIRCLE

Community Overview

517 Park Circle is located at just below the Smuggler Mine in the town of Aspen, an ideal location that is a short walk/bike ride to the Aspen Core and multiple hiking trails.  RFTA bus stops are also a short walk away providing service to all resort areas as well as the down valley communities of Basalt, Willits, Carbondale and Glenwood Springs. The project is comprised of four 2-bedroom and seven 2-bedroom apartments with direct views of Aspen Mountain.  Each unit comes with one dedicated on-site parking space, fully equipped kitchens, mudrooms equipped with washer/dryer and onsite secured storage.

Amenities

  • Private Storage Cage in Basement (onsite)
  • One Parking Space Per Unit
  • Landscaped Community Yard
  • Washer/ Dryers in Unit
  • Private Patio/ Deck for each Unit
  • Mud Rooms

Pre-Application Form

Download the pre-application, complete the form and email it to apcha@cityofaspen.com. The pre-application will be available on this website until 4:30 pm on October 21, 2020. There is no charge to complete the pre-application.

APCHA will hold a lottery drawing on October 23, 2020 at 12:00 pm. Those who are selected in the lottery will be notified via email and sent an application. The application should be completed within 48 hours and returned to apcha@cityofaspen.com. There will be a $50 dollar application fee that must be submitted with the application.

If you are selected and approved as a resident of 517 Park Circle, a security deposit equal to one-month’s rent will be due before move-in. *Please not that interested parties can only sign up for one type of unit based on the categories and bedroom size listed below. For example, a couple can sign up for a one-bedroom OR a two-bedroom, but not both.

2020 Category Income Limits and Asset Caps

HOUSEHOLD SIZECATEGORY 2 – ONE BEDROOM (2 UNITS)CATEGORY 3 – ONE BEDROOM (5 UNITS)CATEGORY 3 – TWO BEDROOMS (2 UNITS)CATEGORY 4 – TWO BEDROOMS (2 UNITS)
1-PERSON$38,700 – $65,750$65,750 – $100,600—-—-
2-PERSON$44,200 – $75,150$75,150 – $114,950$75,150 – $114,950$114,950 – $181,250
3-PERSON$49,750 – $84,550$84,550 – $129,300$84,550 – $129,300$129,300 – $203,900
4-PERSON—-$93,950 – $143,650$93,950 – $143,650$143,650 – $226,550
NET ASSETS NOT TO EXCEED*$323,000$427,000$427,000$604,000