About This Property
Hickory Ridge Apts offers 41 units in Pagosa Springs, Colorado, with 40 units designated as low-income housing. The property, placed in service in 2010, includes a mix of 8 one-bedroom, 24 two-bedroom, and 8 three-bedroom units that serve families. The development utilizes 9% Low-Income Housing Tax Credits to support its affordability mission.
Property Details
Fair Market Rent - Archuleta County, CO
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,056 |
| 1 Bedroom | $1,063 |
| 2 Bedroom | $1,397 |
| 3 Bedroom | $1,969 |
| 4 Bedroom | $2,249 |
Income Limits - Archuleta County, CO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,450
- Very Low (50%)
- $25,750
- Low (80%)
- $41,200
- Extremely Low (30%)
- $17,650
- Very Low (50%)
- $29,400
- Low (80%)
- $47,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,100
- Low (80%)
- $52,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,750
- Low (80%)
- $58,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,700
- Low (80%)
- $63,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,650
- Low (80%)
- $68,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,600
- Low (80%)
- $72,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,550
- Low (80%)
- $77,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,450 | $25,750 | $41,200 |
| 2 Persons | $17,650 | $29,400 | $47,050 |
| 3 Persons | $21,960 | $33,100 | $52,950 |
| 4 Persons | $26,500 | $36,750 | $58,800 |
| 5 Persons | $31,040 | $39,700 | $63,550 |
| 6 Persons | $35,580 | $42,650 | $68,250 |
| 7 Persons | $40,120 | $45,600 | $72,950 |
| 8 Persons | $44,660 | $48,550 | $77,650 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Pagosa Springs, CO?+
The Fair Market Rent (FMR) for Archuleta County, CO is: $1056 (Studio), $1063 (1BR), $1397 (2BR), $1969 (3BR), $2249 (4BR). Actual rent at subsidized properties like Hickory Ridge Apts is typically 30% of household income or less.
What size apartments are available at Hickory Ridge Apts?+
Hickory Ridge Apts offers the following unit types: 8 One-Bedroom, 24 Two-Bedroom, 8 Three-Bedroom units, for a total of 41 units.
What are the income limits for affordable housing in Archuleta County, CO?+
For a 4-person household in Archuleta County, CO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,750, Low Income (80% AMI): $58,800. These limits are set by HUD and updated annually.
What is the price range for apartments in Pagosa Springs, CO?+
Based on Fair Market Rent for Archuleta County, the estimated price range is: 1-bedroom: $1063, 2-bedroom: $1397, 3-bedroom: $1969. Actual rent at Hickory Ridge Apts may be lower for income-eligible households.
Who is eligible to live at Hickory Ridge Apts?+
Hickory Ridge Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Hickory Ridge Apts?+
Hickory Ridge Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Hickory Ridge Apts?+
Hickory Ridge Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.