Builders Patch | HousingCount Garfield County affordable housing data.
Garfield County
Summary
21.8%
share of renter households
38.8%
share of low-income households
27.9%
share of rent-burdened households
Renter population data
| Households | % share |
|---|---|
| Renter households | 219 |
| Homeowner households | 785 |
| Total households | 1,004 |
Low-income renter households
| Households | % share |
|---|---|
| Extremely low-income (≤30% AMI) | 48 |
| Very low-income (31-50% AMI) | 12 |
| Low-income (51-80% AMI) | 25 |
| All low-income households (<80% AMI) | 85 |
Rent-burdened households
| Share of income spent on rent | Households | % share |
|---|---|---|
| Moderately rent-burdened (30.0–34.9%) | 31 | 14.2% |
| 35.0–39.9% | 24 | 11.0% |
| 40.0-49.9% | 7 | 3.2% |
| Severely rent-burdened (≥50.0%) | 30 | 13.7% |
| All rent-burdened households | 61 | 27.9% |
Affordable housing shortage
| Key Data | Amount ($) | Year |
|---|---|---|
| Median household income | 36,111 | 2010 |
| Median household income | 36,602 | 2021 |
| Increase (2010–2021) | 1.4% |
| Median rent | Amount ($) | Year |
|---|---|---|
| Median rent | 475 | 2010 |
| Median rent | 557 | 2021 |
| Increase (2010–2021) | 17.3% |
| Affordable housing stock | Units |
|---|---|
| Supply (current stock) | 294 |
| Demand (total units needed) | 59 |
| Shortage | -40 |
| Total shortage | -40 |
| Supply/demand ratio | 498.3% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Market Rate | Low-income | Type | Amount |
|---|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | N/A | N/A | 60% AMI | $1,804,887 |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | N/A | N/A | 60% AMI | $1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | N/A | N/A | 60% AMI | $504,385 |
| HUNTINGTON RESERVE | NA | 2006 | N/A | N/A | N/A | 60% AMI | $424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | N/A | N/A | N/A | 60% AMI | $1,557,010 |
| INTERVALE GARDENS LLC | New construction | 2008 | N/A | N/A | N/A | 60% AMI | $659,087 |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | N/A | N/A | N/A | 60% AMI | $1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | 2013 | N/A | N/A | N/A | 60% AMI | $674,261 |
| IMPERIAL GARDENS FAMILY APTS | New construction | 2009 | N/A | N/A | N/A | 60% AMI | $1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | 2016 | N/A | N/A | N/A | 60% AMI | $435,816 |
HousingCount