# Grand County

### Summary

28.1%
share of renter households

45.6%
share of low-income households

42.0%
share of rent-burdened households

### Renter population data

| Households                     | % share  |
|---------------------------------|----------|
| Renter households               | 1,642    | 28.1%  |
| Homeowner households            | 4,199    | 71.9%  |
| Total households                | 5,841    | 100.0% |
| Low-income renter households     |          |

#### Renter households by income group

| Households                     | % share  |
|---------------------------------|----------|
| Extremely low-income ≤30% AMI   | 231      | 14.1%  |
| Very low-income 31-50% AMI      | 256      | 15.6%  |
| Low-income 51-80% AMI           | 261      | 15.9%  |
| All low-income households <80% AMI | 748    | 45.6%  |

### Rent-burdened households

#### Share of income spent on rent

| Households                     | % share  |
|---------------------------------|----------|
| Moderately rent-burdened       | 458      | 27.9%  |
| 30.0–34.9%                      | 84       | 5.1%   |
| 35.0–39.9%                      | 306      | 18.6%  |
| 40.0-49.9%                      | 68       | 4.1%   |
| Severely rent-burdened         | 232      | 14.1%  |
| ≥50.0%                         | 232      | 14.1%  |
| All rent-burdened households    | 690      | 42.0%  |

### Affordable housing shortage

#### Rent vs median household income

| Amount ($)                     | Year   |
|---------------------------------|--------|
| Median household income          | 40,242 | 2010   |
| Median household income          | 53,333 | 2021   |
| Increase (2010–2021)            | 32.5%  |        |

#### Median rent

| Amount ($)                     | Year   |
|---------------------------------|--------|
| Median rent                      | 714    | 2010   |
| Median rent                      | 958    | 2021   |
| Increase (2010–2021)            | 34.2%  |        |

#### Affordable housing stock

| Units                           |        |
|---------------------------------|--------|
| Supply (current stock)          | 125    |        |
| Demand (total units needed)     | 301    |        |
| Shortage                        | 270    |        |
| Total shortage                   | 270    |        |
| Supply/demand ratio             | 41.5%  |        |

### 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     | 10452       | N/A            | 1          | $1,804,887  |
| IRVINGTON FAMILY APTS           | New construction                 | 2007 | N/A     | 94538       | N/A            | 1          | $1,378,252  |
| HILLTOP VILLAGE                 | New construction - Acquisition and Rehab | 2012 | N/A | 32208       | N/A            | 0          | $504,385    |
| HUNTINGTON RESERVE              | N/A                              | 2006 | N/A     | 32773       | N/A            | 0          | $424,046    |
| HOLT + HAMILTON FAMILY APARTMENTS| New construction                 | 2016 | N/A     | 91768       | N/A            | 1          | $1,557,010  |
| INTERVALE GARDENS LLC           | New construction                 | 2008 | N/A     | 10459       | N/A            | 1          | $659,087    |
| HOMES OF RENAISSANCE PRESERVE II| New construction                 | 2012 | N/A     | 33905       | N/A            | 0          | $1,510,000  |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction      | 2013 | N/A     | 90018       | N/A            | 1          | $674,261    |
| IMPERIAL GARDENS FAMILY APTS    | New construction                 | 2009 | N/A     | 92243       | N/A            | 1          | $1,142,750  |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab          | 2016 | N/A     | 95490       | N/A            | 1          | $435,816    |
| HILTON SENIOR APTS              | New construction                 | 2007 | N/A     | 14468       | N/A            | 0          | $242,084    |
|...                              |                                |      |         |             |                |            |             |