About This Property
Tamarin Square comprises 68 units in Durango, CO, with 67 low-income units serving families. The property includes 67 one-bedroom and one two-bedroom units and has been in service since 2003. Financing includes 4% LIHTC credits and tax-exempt bonds.
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 Durango, 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 Tamarin Square is typically 30% of household income or less.
What size apartments are available at Tamarin Square?+
Tamarin Square offers the following unit types: 67 One-Bedroom, 1 Two-Bedroom units, for a total of 68 units.
How do I apply for housing at Tamarin Square?+
Tamarin Square 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 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.
What is the price range for apartments in Durango, CO?+
Based on Fair Market Rent for La Plata County, the estimated price range is: 1-bedroom: $1402, 2-bedroom: $1716. Actual rent at Tamarin Square may be lower for income-eligible households.
Who is eligible to live at Tamarin Square?+
Tamarin Square primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Tamarin Square?+
Tamarin Square is managed by . You can reach them at . Visit their website for more information.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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