Builders Patch | HousingCount Montezuma County affordable housing data.

Montezuma County

Summary

Renter population data

Households % share
Renter households 2,884
Homeowner households 7,577
Total households 10,461
Low-income renter households

Renter households by income group

Households % share
Extremely low-income (≤30% AMI) 326
Very low-income (31-50% AMI) 369
Low-income (51-80% AMI) 712
All low-income households (<80% AMI) 1,407

Rent-burdened households

Households % share
Moderately rent-burdened 923
30.0–34.9% 404
35.0–39.9% 189
40.0-49.9% 330
Severely rent-burdened 367
≥50.0% 367
All rent-burdened households 1,290

Affordable housing shortage

Rent vs median household income

Affordable housing stock

Units Amount
Supply (current stock) 373
Demand (total units needed) 543
Shortage 290
Total shortage 290
Supply/demand ratio 68.7%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Market Rate Low-income LIHTC allocation
HIGHBRIDGE OVERLOOK New construction 2014 N/A N/A 154 $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A N/A 99 $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A N/A 200 $504,385
HUNTINGTON RESERVE NA 2006 N/A N/A 168 $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A N/A 61 $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A N/A 65 $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A N/A 88 $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A N/A 39 $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A N/A 76 $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A N/A 41 $435,816

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