Regal Square

Overview

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Regal Square is an affordable housing development in Louisville, Colorado, catering specifically to seniors. This community comprises 30 one-bedroom/one-bathroom units thoughtfully distributed across four buildings. Each unit is designed to provide comfort and convenience for senior residents, ensuring a welcoming environment where they can enjoy their golden years.

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The complex offers a range of amenities to enhance the living experience for its residents. These amenities include wheelchair access for ease of mobility, on-site laundry facilities for convenience, and well-maintained common areas for socializing and relaxation. The community is also located in proximity to local services and recreational facilities, making it an ideal choice for seniors seeking a balance of independence and support.

Residents at Regal Square benefit from Section 8 PBRA (Project-Based Rental Assistance) housing assistance, ensuring that the housing remains affordable. The development is managed by the Boulder County Housing Authority, which is dedicated to providing quality housing solutions to low-income families and seniors throughout the region.

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Amenities and Features

Wheelchair access
On-site laundry facilities
Well-maintained common areas
Section 8 PBRA rental housing assistance

Sources

Regal Square Location

Address: 255 Regal St, Louisville, CO 80027

Phone: 303-519-1579

Website: https://affordablehousingonline.com/housing-search/Colorado/Louisville/Regal-Square/10011482

About Louisville, Colorado

Louisville, a city located in the state of Colorado (CO), is home to a population of approximately 20,920 people. Louisville boasts a median age of 41.7, with around 21.8% of its residents aged 60 or above. 5.2% of the population identifies as US Veterans. 7.8% of Louisville residents are disabled. The city has an average household income of $135,840, while the unemployment rate stands at 3.2%, and around 5.4% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Louisville is $779,829, with a monthly rent averaging $1,950.

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About Senior Apartments

It's not just about convenience and affordability; it's about creating a fulfilling lifestyle. Senior apartments are constructed, maintained, and updated to accommodate the 55-plus community. Often age-restricted, senior apartments are designed with accessibility in mind. One to two-bedroom units are standard as well as senior-friendly comfort and amenities. Senior apartments are great for retired adults who want to downsize but still have a social life. Apartment living is appealing to those who dislike yard work or home maintenance. It's also a great option for retired travelers who want peace of mind while away from home. Residents save money with lower expenses because they often include utilities and don't require property taxes.

Types of Senior Apartments

Affordable Senior Apartments - Retirees with low income may be eligible for cheap senior living apartments provided by government housing programs. These apartments are cheaper than usual. The eligibility to rent them depends on factors such as income, family size, and the average income in the area. Keep in mind that services or amenities in low-income senior apartments may be more limited.

Market Rate Senior Apartments - Market-rate senior apartments do not have income limits. Pricing is competitive and based on comparable housing options in the surrounding area. These apartments often come with amenities like community dining, housekeeping, and even transportation services.

Luxury Senior Apartments - Luxury apartments are generally larger, offering up to 2,000 square feet of living space, and boast a wide range of upscale amenities and community activities for their residents. Many luxury apartments are situated within gated communities. The cost of living in these apartments can be quite high, with entrance fees alone often reaching six figures.