About This Property
Holy Cross Village comprises 60 low-income rental units in Gypsum, Colorado, with a mix of 10 one-bedroom, 26 two-bedroom, and 24 three-bedroom apartments. The property was placed in service in 1997 and is funded through tax-exempt bonds and 4% Low-Income Housing Tax Credits. A nonprofit organization owns and manages the community.
Property Details
Fair Market Rent - Eagle 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 | $1,572 |
| 1 Bedroom | $1,765 |
| 2 Bedroom | $2,319 |
| 3 Bedroom | $2,809 |
| 4 Bedroom | $3,088 |
Income Limits - Eagle County, CO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,000
- Very Low (50%)
- $35,000
- Low (80%)
- $56,000
- Extremely Low (30%)
- $24,000
- Very Low (50%)
- $40,000
- Low (80%)
- $64,000
- Extremely Low (30%)
- $27,000
- Very Low (50%)
- $45,000
- Low (80%)
- $72,000
- Extremely Low (30%)
- $30,000
- Very Low (50%)
- $50,000
- Low (80%)
- $80,000
- Extremely Low (30%)
- $32,400
- Very Low (50%)
- $54,000
- Low (80%)
- $86,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $58,000
- Low (80%)
- $92,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $62,000
- Low (80%)
- $99,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $66,000
- Low (80%)
- $105,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,000 | $35,000 | $56,000 |
| 2 Persons | $24,000 | $40,000 | $64,000 |
| 3 Persons | $27,000 | $45,000 | $72,000 |
| 4 Persons | $30,000 | $50,000 | $80,000 |
| 5 Persons | $32,400 | $54,000 | $86,400 |
| 6 Persons | $35,580 | $58,000 | $92,800 |
| 7 Persons | $40,120 | $62,000 | $99,200 |
| 8 Persons | $44,660 | $66,000 | $105,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Gypsum, CO?+
The Fair Market Rent (FMR) for Eagle County, CO is: $1572 (Studio), $1765 (1BR), $2319 (2BR), $2809 (3BR), $3088 (4BR). Actual rent at subsidized properties like Holy Cross Village is typically 30% of household income or less.
What size apartments are available at Holy Cross Village?+
Holy Cross Village offers the following unit types: 10 One-Bedroom, 26 Two-Bedroom, 24 Three-Bedroom units, for a total of 60 units.
How do I apply for housing at Holy Cross Village?+
Holy Cross Village 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 Holy Cross Village?+
Holy Cross Village is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Eagle County, CO?+
For a 4-person household in Eagle County, CO, the income limits are: Extremely Low Income (30% AMI): $30,000, Very Low Income (50% AMI): $50,000, Low Income (80% AMI): $80,000. These limits are set by HUD and updated annually.
What is the price range for apartments in Gypsum, CO?+
Based on Fair Market Rent for Eagle County, the estimated price range is: 1-bedroom: $1765, 2-bedroom: $2319, 3-bedroom: $2809. Actual rent at Holy Cross Village may be lower for income-eligible households.
Walk Score
Car-Dependent