Builders Patch | HousingCount Huerfano County affordable housing data.

Huerfano County

Summary

25.1%

share of renter households

41.2%

share of low-income households

45.9%

share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 689
Homeowner households 2,055
Total households 2,744
Low-income renter households

Renter households by income group

Households % share
Extremely low-income ≤30% AMI 99
Very low-income 31-50% AMI 77
Low-income 51-80% AMI 108
All low-income households <80% AMI 284

Rent-burdened households

Households % share
Moderately rent-burdened 151
30.0–34.9% 42
35.0–39.9% 53
40.0-49.9% 56
Severely rent-burdened 165
≥50.0% 165
All rent-burdened households 316

Affordable housing shortage

Metric Amount ($)
Median household income in 2010 15,804
Median household income in 2021 22,210
Increase (2010–2021) 40.5%
Median rent in 2010 575
Median rent in 2021 440
Increase (2010–2021) -23.5%

Affordable housing stock

Units Amount
Supply (current stock) 9
Demand (total units needed) 135
Shortage 132
Total shortage 132
Supply/demand ratio 6.7%

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 60% AMI $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A 60% AMI $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A 60% AMI $504,385
HUNTINGTON RESERVE N/A 2006 N/A 60% AMI $424,046
HOLT + HAMILTON FAMILY APTS New construction 2016 N/A 60% AMI $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A 60% AMI $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A 60% AMI $1,510,000