About This Property
Fountain Ridge comprises 36 units in Fountain, Colorado, with 17 designated as low-income housing. The property offers a mix of 24 two-bedroom and 12 three-bedroom units and has been in service since 1999. Financing includes tax-exempt bonds and 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing Authority of the City of Fountain
The waiting list for Grinde Manor, a public housing community for senior/disabled households, is currently closed. Eligibility is limited to low-income families and individuals who are elderly or disabled. All applications are processed online when a waitlist is open.
The waiting list is currently closed. The Housing Authority last accepted applications from March 15, 2023, until April 30, 2023. Families that live or work in Fountain, Security, or Widefield in El Paso County qualify for a local preference. Applications were previously submitted online.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - El Paso 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 | $1,190 |
| 1 Bedroom | $1,408 |
| 2 Bedroom | $1,734 |
| 3 Bedroom | $2,444 |
| 4 Bedroom | $2,875 |
Income Limits - El Paso County, CO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,300
- Very Low (50%)
- $28,850
- Low (80%)
- $46,150
- Extremely Low (30%)
- $19,800
- Very Low (50%)
- $33,000
- Low (80%)
- $52,750
- Extremely Low (30%)
- $22,250
- Very Low (50%)
- $37,100
- Low (80%)
- $59,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,200
- Low (80%)
- $65,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,500
- Low (80%)
- $71,200
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,800
- Low (80%)
- $76,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,100
- Low (80%)
- $81,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,400
- Low (80%)
- $87,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,300 | $28,850 | $46,150 |
| 2 Persons | $19,800 | $33,000 | $52,750 |
| 3 Persons | $22,250 | $37,100 | $59,350 |
| 4 Persons | $26,500 | $41,200 | $65,900 |
| 5 Persons | $31,040 | $44,500 | $71,200 |
| 6 Persons | $35,580 | $47,800 | $76,450 |
| 7 Persons | $40,120 | $51,100 | $81,750 |
| 8 Persons | $44,660 | $54,400 | $87,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fountain, CO?+
The Fair Market Rent (FMR) for El Paso County, CO is: $1190 (Studio), $1408 (1BR), $1734 (2BR), $2444 (3BR), $2875 (4BR). Actual rent at subsidized properties like Fountain Ridge is typically 30% of household income or less.
What size apartments are available at Fountain Ridge?+
Fountain Ridge offers the following unit types: 24 Two-Bedroom, 12 Three-Bedroom units, for a total of 36 units.
How do I apply for housing at Fountain Ridge?+
Fountain Ridge 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 El Paso County, CO?+
For a 4-person household in El Paso County, CO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,200, Low Income (80% AMI): $65,900. These limits are set by HUD and updated annually.
Who manages Fountain Ridge?+
Fountain Ridge is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Fountain Ridge?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Fountain, CO?+
Based on Fair Market Rent for El Paso County, the estimated price range is: 2-bedroom: $1734, 3-bedroom: $2444. Actual rent at Fountain Ridge 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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