About This Property
Fraser Housing contains 50 units of affordable housing in Fraser, Colorado, with 49 designated as low-income units. The property features a mix of one-bedroom, two-bedroom, and three-bedroom apartments and has been in service since 1995. The development is financed through 9% Low-Income Housing Tax Credits and is owned and managed by a nonprofit organization.
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 Fraser Housing is typically 30% of household income or less.
What size apartments are available at Fraser Housing?+
Fraser Housing offers the following unit types: 4 One-Bedroom, 26 Two-Bedroom, 20 Three-Bedroom units, for a total of 50 units.
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 Fraser Housing?+
Fraser Housing is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Fraser Housing?+
Fraser Housing 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 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 Fraser Housing may be lower for income-eligible households.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.