Village at Homewood Point II
Village at Homewood Point II - Affordable Senior Apartments in Colorado Springs

Opening September 2026 · Colorado Springs

62+ Community
Affordable Housing
Section 8 Welcome

Affordable Senior Apartments in Colorado Springs

A vibrant, connected community designed for comfort and convenience. Join the waitlist to receive floor plans, pricing, and early access.

185Days
18Hours
34Minutes
32Seconds
Join the Waitlist
83 unitsProperty size
1–2Beds
1Bath
OpeningSeptember 2026

A first look at Village at Homewood Point II

Property overview

Why choose our property?

A Community Built for Comfort and Connection

Responsive On-Site Team

Professional on-site management at Village at Homewood Point II focused on quick communication, peace of mind, and a smooth experience for residents.

A Welcoming Senior Community

A friendly environment for residents 62+ that supports independence, comfort, and a true sense of belonging in Colorado Springs.

Downtown Colorado Springs Access

Located at 903 E Colorado Ave—close to Memorial Park, transit, shopping, and essentials. Easy access to downtown and everyday needs.

Why You'll Love Living Here

Affordable senior living with downtown access and comfort built into every home.

Community Bistro

A welcoming gathering space for residents to connect over coffee, meals, and conversation.

Community Bistro

Scenic Views

Wake up to views that make every day feel brighter.

Scenic Views

Memorial Park — Just a Quarter Mile Away

Easy walks, fresh air, and events close to home.

Memorial Park — Just a Quarter Mile Away

Public Transportation Just One Block Away

Convenient access around Colorado Springs without needing to drive.

Public Transportation Just One Block Away

Washer & Dryer in Every Apartment

In-home laundry included in each residence.

Washer & Dryer in Every Apartment

Private Balcony or Patio for Every Unit

Your own outdoor space with every apartment.

Private Balcony or Patio for Every Unit

Live Well at Village at Homewood Point II

Shape your days to fit your style. Everything you need is within reach.

Peace of Mind

Responsive on-site management and a secure, welcoming environment. Stay connected with a team that puts your comfort first.

Connected Community

A friendly neighborhood where you belong. Independence, comfort, and a true sense of community—all in one place.

Everyday Convenience

Memorial Park, shopping, dining, and transit just blocks away. Errands stay simple so your day stays yours.

Explore every floorplan option

Floor plans

83 units available now

2X1 60%

2 beds1 bath
837 SF$1,414/mo
24 units available
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2x1 B1 50%

2 beds1 bath
837 SF$1,266/mo
1 unit available
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1x1 A1 50%

1 bed1 bath
687 SF$1,055/mo
1 unit available
Join Waitlist

Square footage is approximate. Source: property management records.

Pricing & Income Requirements

Affordable senior housing with income-based rents. Contact us for exact limits and availability.

Income Limits

Rent is based on income eligibility. Household income limits are set by the state and vary by household size. Limits apply to 1- and 2-person households at Village at Homewood Point II. Square footage (SF) is measured per local standards. Contact us for unit dimensions and floor plan details. Contact us at (303) 698-5600 for current income limits.

Contact us at (303) 698-5600 for current income limits

How Much Can I Afford?

As a general guideline, your monthly rent should be no more than 50% of your gross monthly income — meaning you need to earn at least two times the rent amount. This is an estimate only—actual eligibility depends on program rules.

Join waitlist for current rates

Our Story

Village at Homewood Point II is being developed as part of Colorado's commitment to affordable senior housing. Our community participates in the Low-Income Housing Tax Credit (LIHTC) program, which helps ensure quality, affordable homes for income-qualified residents 62 and older.

Terra Management Group brings decades of experience in affordable housing to this project. We're creating a welcoming community where residents can enjoy downtown access, mountain views, and the comfort of modern amenities—all at affordable rates based on income eligibility.

Join the waitlist to learn about income limits, floor plans, and next steps when we open in September 2026.

Call us

(303) 698-5600

Visit

903 E Colorado Ave, Colorado Springs, CO 80903

Office hours

Mon – Sun, 9am – 7pm MT

Join the Waitlist

Get floor plans, pricing, and tour availability first.

Contact Us

Get in touch

Catch us here

vhp2@terramanagement.us
(303) 698-5600

Village at Homewood Point II

903 E Colorado Ave, Colorado Springs, CO 80903

Mon – Sun, 9am – 7pm MT

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Frequently Asked Questions

Quick answers to the questions we hear most.

Village at Homewood Point II is an affordable, independent senior living community for residents 62 years and older. We participate in the Low-Income Housing Tax Credit (LIHTC) program, offering modern apartment homes at income-based rents. Section 8 vouchers are welcome.
Village at Homewood Point II is currently under construction and opening in September 2026. Join the waitlist to receive floor plans, pricing, and application information as soon as they're available.
903 E Colorado Ave, Colorado Springs, CO 80903 — close to downtown, Memorial Park (just a quarter mile away), and public transportation (one block away).
We offer two floor plan types: 1-bedroom apartments (687 sq ft, 1 bath) and 2-bedroom apartments (837 sq ft, 1 bath). Rent ranges from $755–$1,177/month for 1-bedrooms and $908–$1,519/month for 2-bedrooms, depending on income qualification.
Every apartment includes a washer and dryer, a private balcony or patio, and mountain views. Community amenities include the Community Bistro, scenic views, on-site management, and close proximity to Memorial Park and public transit.
Water, sewer, and trash are included in your monthly rent. Electricity and gas are separately metered and billed directly by the utility companies.
Yes. One open parking space per licensed driver (maximum 2 per unit) is included in rent at no extra cost. Garages are also available for rent — contact our leasing team for pricing.
Yes. Pets are welcome with a $35/month pet rent for the first pet and a $300 pet deposit per unit. Contact our leasing team for full pet policy details.
Village at Homewood Point II participates in the LIHTC program. You must be 62 years or older and meet income limits set by the state of Colorado, which vary by household size. Section 8 housing vouchers are welcome. Contact us at (303) 698-5600 for current income limits.
The application fee is $19.20 per adult (non-refundable). You'll need income verification documents such as Social Security award letters, paystubs, or pension letters. A background check is required, but there is no minimum credit score. Processing takes approximately 3 days. Co-signers are not accepted.
The security deposit is $250. Combined with first month's rent and the $19.20 application fee, those are your total move-in costs — no additional admin or processing fees.
Yes. Section 8 vouchers are welcome at Village at Homewood Point II. Contact our leasing team at (303) 698-5600 to discuss how your voucher works with our LIHTC income-based rent structure.
Yes. Public transportation is just one block away for convenient access around Colorado Springs without needing to drive.
Memorial Park is just a quarter mile away, offering walking paths, fresh air, and community events. Downtown Colorado Springs shopping and dining are also just blocks away.
Join the waitlist on this page to receive floor plans, pricing, and application information when available. You can also contact us at vhp2@terramanagement.us or (303) 698-5600. Office hours are Monday through Sunday, 9am–7pm MT.

Ready to Call Village at Homewood Point II Home?

Opening September 2026 · Colorado Springs

Join the Waitlist