Builders Patch | HousingCount Gilpin County affordable housing data.

Gilpin County

Summary

16.0% share of renter households
47.1% share of low-income households
57.4% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 446
Homeowner households 2,345
Total households 2,791

Low-income renter households

Households % share
Extremely low-income (≤30% AMI) 116
Very low-income (31-50% AMI) 37
Low-income (51-80% AMI) 57
All low-income households (<80% AMI) 210

Rent-burdened households

Share of income spent on rent Households % share
Moderately rent-burdened 110 24.7%
30.0–34.9% 63 14.1%
35.0–39.9% 0 0.0%
40.0–49.9% 47 10.5%
Severely rent-burdened 146 32.7%
≥50.0% 146 32.7%
All rent-burdened households 256 57.4%

Affordable housing shortage

Rent vs median household income

Amount ($) 2010 2021 Increase (2010–2021)
Median household income 30,253 53,214 75.9%
Median rent 715 1,093 52.9%

Affordable housing stock

Units Supply (current stock) Demand (total units needed) Shortage
Supply 1,501 140 -920
Total shortage -920 1072.1%
Supply/demand ratio

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Market Rate Low-income LIHTC allocation Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A 154 60% AMI $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A 99 60% AMI $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A 200 60% AMI $504,385
HUNTINGTON RESERVE NA 2006 N/A 168 60% AMI $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A 61 60% AMI $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A 65 60% AMI $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A 88 60% AMI $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A 39 60% AMI $674,261
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