About This Property
Garden Walk of South Fork comprises 48 units in South Fork, CO, with 34 units designated as low-income housing. The property features a mix of one-, two-, and three-bedroom units designed to serve families and has been in service since 2017. The development utilizes 9% Low-Income Housing Tax Credits and is managed by [manager name].
Property Details
Fair Market Rent - Rio Grande 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 | $842 |
| 1 Bedroom | $843 |
| 2 Bedroom | $1,073 |
| 3 Bedroom | $1,297 |
| 4 Bedroom | $1,728 |
Income Limits - Rio Grande County, CO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,450
- Very Low (50%)
- $25,750
- Low (80%)
- $41,200
- Extremely Low (30%)
- $17,650
- Very Low (50%)
- $29,400
- Low (80%)
- $47,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,100
- Low (80%)
- $52,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,750
- Low (80%)
- $58,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,700
- Low (80%)
- $63,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,650
- Low (80%)
- $68,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,600
- Low (80%)
- $72,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,550
- Low (80%)
- $77,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,450 | $25,750 | $41,200 |
| 2 Persons | $17,650 | $29,400 | $47,050 |
| 3 Persons | $21,960 | $33,100 | $52,950 |
| 4 Persons | $26,500 | $36,750 | $58,800 |
| 5 Persons | $31,040 | $39,700 | $63,550 |
| 6 Persons | $35,580 | $42,650 | $68,250 |
| 7 Persons | $40,120 | $45,600 | $72,950 |
| 8 Persons | $44,660 | $48,550 | $77,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in South Fork, CO?+
The Fair Market Rent (FMR) for Rio Grande County, CO is: $842 (Studio), $843 (1BR), $1073 (2BR), $1297 (3BR), $1728 (4BR). Actual rent at subsidized properties like Garden Walk of South Fork is typically 30% of household income or less.
What size apartments are available at Garden Walk of South Fork?+
Garden Walk of South Fork offers the following unit types: 12 One-Bedroom, 34 Two-Bedroom, 2 Three-Bedroom units, for a total of 48 units.
Who is eligible to live at Garden Walk of South Fork?+
Garden Walk of South Fork primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Garden Walk of South Fork?+
Garden Walk of South Fork 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 Garden Walk of South Fork?+
Garden Walk of South Fork is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Rio Grande County, CO?+
For a 4-person household in Rio Grande County, CO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,750, Low Income (80% AMI): $58,800. These limits are set by HUD and updated annually.
What is the price range for apartments in South Fork, CO?+
Based on Fair Market Rent for Rio Grande County, the estimated price range is: 1-bedroom: $843, 2-bedroom: $1073, 3-bedroom: $1297. Actual rent at Garden Walk of South Fork may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car