About This Property
Grand Valley Apts consists of 50 low-income residential units in Clifton, Colorado, with a mix of 26 two-bedroom and 24 three-bedroom floor plans. The property was placed in service in 1999 and is financed through tax-exempt bonds with 4% LIHTC credit.
Property Details
Fair Market Rent - Mesa 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 | $761 |
| 1 Bedroom | $865 |
| 2 Bedroom | $1,123 |
| 3 Bedroom | $1,583 |
| 4 Bedroom | $1,906 |
Income Limits - Mesa 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Clifton, CO?+
The Fair Market Rent (FMR) for Mesa County, CO is: $761 (Studio), $865 (1BR), $1123 (2BR), $1583 (3BR), $1906 (4BR). Actual rent at subsidized properties like Grand Valley Apts is typically 30% of household income or less.
What size apartments are available at Grand Valley Apts?+
Grand Valley Apts offers the following unit types: 26 Two-Bedroom, 24 Three-Bedroom units, for a total of 50 units.
What are the income limits for affordable housing in Mesa County, CO?+
For a 4-person household in Mesa 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.
How do I apply for housing at Grand Valley Apts?+
Grand Valley 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.
Who manages Grand Valley Apts?+
Grand Valley Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Clifton, CO?+
Based on Fair Market Rent for Mesa County, the estimated price range is: 2-bedroom: $1123, 3-bedroom: $1583. Actual rent at Grand Valley Apts may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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