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 |
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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.
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.
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.
Who manages Fox Run Apts?+
Fox Run Apts is managed by . You can reach them at . Visit their website for more information.
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.