Builders Patch | HousingCount Chaffee County affordable housing data.
Chaffee County
Summary
27.9% share of renter households
49.0% share of low-income households
45.2% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 2,384 |
| Homeowner households | 6,155 |
| Total households | 8,539 |
Low-income renter households
| Households | % share |
|---|---|
| Extremely low-income | ≤30% AMI |
| Very low-income | 31-50% AMI |
| Low-income | 51-80% AMI |
| All low-income | <80% AMI |
| Households | % share |
|---|---|
| 231 | 9.7% |
| 136 | 5.7% |
| 800 | 33.6% |
| 1,167 | 49.0% |
Rent-burdened households
| Share of income spent on rent | Households | % share |
|---|---|---|
| Moderately rent-burdened | 663 | 27.8% |
| 30.0-34.9% | 267 | 11.2% |
| 35.0-39.9% | 97 | 4.1% |
| 40.0-49.9% | 299 | 12.5% |
| Severely rent-burdened | 415 | 17.4% |
| ≥50.0% | 415 | 17.4% |
| All rent-burdened households | 1,078 | 45.2% |
Affordable housing shortage
Rent vs median household income
| Year | Median household income | Amount ($) |
|---|---|---|
| 2010 | 28,483 | |
| 2021 | 47,028 | |
| Increase (2010–2021) | 65.1% |
Median rent
| Year | Median rent | Amount ($) |
|---|---|---|
| 2010 | 313 | |
| 2021 | 977 | |
| Increase (2010–2021) | 212.1% |
Affordable housing stock
| Supply (current stock) | Demand (total units needed) | Shortage |
|---|---|---|
| 153 | 348 | 213 |
| Total shortage | Supply/demand ratio |
|---|---|
| 213 | 44.0% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Income Ceiling | LIHTC Allocation | Low-income | Amount |
|---|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | 10452 | N/A | $1,804,887 | 60% AMI | |
| IRVINGTON FAMILY APTS | New construction | 2007 | 94538 | N/A | $1,378,252 | 60% AMI | |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | 32208 | N/A | $504,385 | 60% AMI | |
| HUNTINGTON RESERVE | NA | 2006 | 32773 | N/A | $424,046 | 60% AMI | |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | 91768 | N/A | $1,557,010 | 60% AMI | |
| INTERVALE GARDENS LLC | New construction | 2008 | 10459 | N/A | $659,087 | 60% AMI | |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | 33905 | N/A | $1,510,000 | 60% AMI | |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | 2013 | 90018 | N/A | $674,261 | 60% AMI | |
| IMPERIAL GARDENS FAMILY APTS | New construction | 2009 | 92243 | N/A | $1,142,750 | 60% AMI | |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | 2016 | 95490 | N/A | $435,816 | 60% AMI |