# Park County

### Summary

8.9%

share of renter households

45.7%

share of low-income households

49.0%

share of rent-burdened households

### Renter population data

| Households                | % share |
|---------------------------|---------|
| Renter households         | 641     |
| Homeowner households      | 6,528   |
| **Total households**      | **7,169** |

| Low-income renter households | % share |
|----------------------------|---------|
| Extremely low-income (≤30% AMI)        | 90      |
| Very low-income (31-50% AMI)           | 19      |
| Low-income (51-80% AMI)                | 184     |
| **All low-income households (<80% AMI)** | **293** |

| Rent-burdened households          | % share |
|-----------------------------------|---------|
| Moderately rent-burdened          | 184     |
| 30.0–34.9%                        | 68      |
| 35.0–39.9%                        | 8       |
| 40.0-49.9%                        | 108     |
| Severely rent-burdened            | 130     |
| ≥50.0%                            | 130     |
| **All rent-burdened households**  | **314** |

### Affordable housing shortage

| **Rent vs median household income** | Amount ($)  |
|------------------------------------|-------------|
| Median household income in 2010     | 53,155      |
| Median household income in 2021     | 36,250      |
| Increase (2010–2021)                | -31.8%      |
| Median rent in 2010                 | 409         |
| Median rent in 2021                 | 986         |
| Increase (2010–2021)                | 141.1%      |

| **Affordable housing stock** | Units  |
|----------------------------|--------|
| Supply (current stock)          | 89     |
| Demand (total units needed)     | 109    |
| Shortage                        | 63     |

### HUD National Low Income Housing Tax Credit (LIHTC) Database

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

***Note: Additional LIHTC properties can be structured similarly in this table format.***