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 |
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.
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.
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.
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.
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.