About This Property
Fox Run Apts comprises 64 apartments in Fraser, Colorado, with 53 units designated for low-income households. The property includes 14 one-bedroom, 46 two-bedroom, and 4 three-bedroom units and has been in service since 2002. Financing includes tax-exempt bonds and 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Grand 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 | $1,080 |
| 1 Bedroom | $1,186 |
| 2 Bedroom | $1,332 |
| 3 Bedroom | $1,647 |
| 4 Bedroom | $2,260 |
Income Limits - Grand County, CO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,600
- Very Low (50%)
- $27,600
- Low (80%)
- $44,150
- Extremely Low (30%)
- $18,950
- Very Low (50%)
- $31,550
- Low (80%)
- $50,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,500
- Low (80%)
- $56,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,400
- Low (80%)
- $63,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,600
- Low (80%)
- $68,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,750
- Low (80%)
- $73,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,900
- Low (80%)
- $78,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,050
- Low (80%)
- $83,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,600 | $27,600 | $44,150 |
| 2 Persons | $18,950 | $31,550 | $50,450 |
| 3 Persons | $21,960 | $35,500 | $56,750 |
| 4 Persons | $26,500 | $39,400 | $63,050 |
| 5 Persons | $31,040 | $42,600 | $68,100 |
| 6 Persons | $35,580 | $45,750 | $73,150 |
| 7 Persons | $40,120 | $48,900 | $78,200 |
| 8 Persons | $44,660 | $52,050 | $83,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fraser, CO?+
The Fair Market Rent (FMR) for Grand County, CO is: $1080 (Studio), $1186 (1BR), $1332 (2BR), $1647 (3BR), $2260 (4BR). Actual rent at subsidized properties like Fox Run Apts is typically 30% of household income or less.
What size apartments are available at Fox Run Apts?+
Fox Run Apts offers the following unit types: 14 One-Bedroom, 46 Two-Bedroom, 4 Three-Bedroom units, for a total of 64 units.
How do I apply for housing at Fox Run Apts?+
Fox Run 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 Fox Run Apts?+
Fox Run Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Grand County, CO?+
For a 4-person household in Grand County, CO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,400, Low Income (80% AMI): $63,050. These limits are set by HUD and updated annually.
What is the price range for apartments in Fraser, CO?+
Based on Fair Market Rent for Grand County, the estimated price range is: 1-bedroom: $1186, 2-bedroom: $1332, 3-bedroom: $1647. Actual rent at Fox Run Apts may be lower for income-eligible households.