Builders Patch | HousingCount Ouray County affordable housing data.

Ouray County

Summary

23.9% share of renter households

45.0% share of low-income households

42.3% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 527
Homeowner households 1,677
Total households 2,204

Low-income renter households

Renter households by income group Households % share
Extremely low-income ≤30% AMI 114 21.6%
Very low-income 31-50% AMI 58 11.0%
Low-income 51-80% AMI 65 12.3%
All low-income households <80% AMI 237 45.0%

Rent-burdened households

Share of income spent on rent Households % share
Moderately rent-burdened 63 12.0%
30.0–34.9% 17 3.2%
35.0–39.9% 6 1.1%
40.0-49.9% 40 7.6%
Severely rent-burdened 160 30.4%
≥50.0% 160 30.4%
All rent-burdened households 223 42.3%

Affordable housing shortage

Housing Category Amount ($) Year
Median household income 42,727 2010
Median household income 61,116 2021
Increase (2010–2021) 43.0%
Median rent 1,025 2010
Median rent 1,069 2021
Increase (2010–2021) 4.3%
Supply, demand & shortage Units
Supply (current stock) 2,180
Demand (total units needed) 158
Shortage -1,819
total shortage -1,819
supply/demand ratio 1379.7%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Income Ceiling Number of Units LIHTC Allocation Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A N/A 1 N/A $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A N/A 1 N/A $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A N/A 1 N/A $504,385
HUNTINGTON RESERVE NA 2006 N/A N/A 0 N/A $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A N/A 1 N/A $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A N/A 1 N/A $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A N/A 0 N/A $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A N/A 1 N/A $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A N/A 1 N/A $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A N/A 1 N/A $435,816
... (truncated for brevity)

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