About This Property
Middle Creek Village offers 142 units of affordable housing in Vail, Colorado, with 97 designated as low-income units. The community features a mix of studio, one-bedroom, two-bedroom, and three-bedroom floor plans and has been in service since 2004. The property is funded through HOME and tax-exempt bonds and operates under 4% LIHTC credit financing.
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 Vail, 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 Middle Creek Village is typically 30% of household income or less.
What size apartments are available at Middle Creek Village?+
Middle Creek Village offers the following unit types: 45 Studio, 29 One-Bedroom, 23 Two-Bedroom, 45 Three-Bedroom units, for a total of 142 units.
What is the price range for apartments in Vail, 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 Middle Creek Village may be lower for income-eligible households.
How do I apply for housing at Middle Creek Village?+
Middle Creek 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.
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.
Who manages Middle Creek Village?+
Middle Creek Village is managed by . You can reach them at . Visit their website for more information.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.