MFTE Affordable Housing at Solmere

Solmere is proud to participate in the City of Lakewood’s Multifamily Tax Exemption (MFTE) program, offering a limited selection of income-restricted apartment homes at reduced rental rates for qualifying households.

The MFTE program helps expand access to quality housing by setting aside select apartment homes at affordable rental rates based on household income. At Solmere, qualifying residents can enjoy the same thoughtfully designed community, convenient Lakewood location, and amenities while benefiting from income-restricted pricing.

Availability is limited and income qualifications apply.

Income limits are based on the total annual income of everyone in your household

ANNUAL INCOME PER HOUSEHOLD SIZE

1 Person | $71,322
2 People | $81,523
3 People | $91,723
4 People | $101,840
5 People | $110,018
6 People | $118,195

Do I Qualify for an MFTE Apartment? Cover Image

Do I Qualify for an MFTE Apartment?

Eligibility for an MFTE apartment is based on your household’s total gross annual income before taxes, household size, and the income restriction assigned to the available apartment home. All sources of household income may be considered when determining eligibility. Applicants will be required to complete an income certification process and provide documentation verifying household income.

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Monthly Rent 

Apartment Size Maximum Monthly Rent
Studio $1,783
1 Bedroom $1,911
2 Bedroom $2,038
3 Bedroom $2,293
4 Bedroom $2,955

Maximum rental rates are based on the 80% AMI and include the applicable utility allowance.

MFTE Apartment Pricing Cover Image

MFTE Apartment Pricing

Qualifying MFTE apartment homes feature reduced monthly rental rates based on apartment size. Click "View Pricing" to explore maximum monthly rent by floor plan.

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