About This Property
Pine River Valley consists of 16 one-bedroom units serving low-income households in Bayfield, Colorado. The property has been in service since 1994 and is financed through 4% Low-Income Housing Tax Credits. Management and leasing information is available upon inquiry.
Property Details
Fair Market Rent - La Plata 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 | $1,241 |
| 1 Bedroom | $1,402 |
| 2 Bedroom | $1,716 |
| 3 Bedroom | $2,123 |
| 4 Bedroom | $2,763 |
Income Limits - La Plata County, CO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,450
- Very Low (50%)
- $30,700
- Low (80%)
- $49,150
- Extremely Low (30%)
- $21,050
- Very Low (50%)
- $35,100
- Low (80%)
- $56,150
- Extremely Low (30%)
- $23,700
- Very Low (50%)
- $39,500
- Low (80%)
- $63,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,850
- Low (80%)
- $70,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $47,400
- Low (80%)
- $75,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,900
- Low (80%)
- $81,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $54,400
- Low (80%)
- $87,000
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,900
- Low (80%)
- $92,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,450 | $30,700 | $49,150 |
| 2 Persons | $21,050 | $35,100 | $56,150 |
| 3 Persons | $23,700 | $39,500 | $63,150 |
| 4 Persons | $26,500 | $43,850 | $70,150 |
| 5 Persons | $31,040 | $47,400 | $75,800 |
| 6 Persons | $35,580 | $50,900 | $81,400 |
| 7 Persons | $40,120 | $54,400 | $87,000 |
| 8 Persons | $44,660 | $57,900 | $92,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bayfield, CO?+
The Fair Market Rent (FMR) for La Plata County, CO is: $1241 (Studio), $1402 (1BR), $1716 (2BR), $2123 (3BR), $2763 (4BR). Actual rent at subsidized properties like Pine River Valley is typically 30% of household income or less.
What size apartments are available at Pine River Valley?+
Pine River Valley offers the following unit types: 16 One-Bedroom units, for a total of 16 units.
What is the price range for apartments in Bayfield, CO?+
Based on Fair Market Rent for La Plata County, the estimated price range is: 1-bedroom: $1402. Actual rent at Pine River Valley may be lower for income-eligible households.
What are the income limits for affordable housing in La Plata County, CO?+
For a 4-person household in La Plata County, CO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,850, Low Income (80% AMI): $70,150. These limits are set by HUD and updated annually.
How do I apply for housing at Pine River Valley?+
Pine River Valley 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 Pine River Valley?+
Pine River Valley is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.