Affordable Housing In Alamosa County
Colorado

7 Low Income Apartment Communities In Alamosa County

Totten Manor

202 Market St
Alamosa, CO
Subsidized

Alamosa

716 12th St
Alamosa, CO

Alamosa Senior Housing

217 Market St
Alamosa, CO
HCV Welcome

North View Apartments

520 W 9th St
Julesburg, CO

Casita Del Sol Apartments

1405 W 11th St
Alamosa, CO
Subsidized

Sierra Vista Apartments of Alamosa

2303 Vigil Way
Alamosa, CO

Casita De La Luna Apartments

1410 W 11th St
Alamosa, CO
HCV Welcome
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There are 7 low income housing apartment complexes which contain 385 affordable apartments for rent in Alamosa County. Many of these rental apartments are income based housing with 299 apartments that set rent based on your income. In Alamosa County, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 86 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Other Housing Authorities located in Alamosa County

Housing Authority Programs
Alamosa Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Alamosa County, Colorado

Alamosa County, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 385
Total Rent Assisted Apartments 299
Percentage of Housing Units Occupied By Renters 42.92%
Average Renter Household Size 2.36
Total Population 16,269
Housing Units 5,932
Average Household Size 2.56
Median Household Income $32,395 ±$6,782
Median Rent $635 ±$47
Percentage Of Renters Overburdened 53.46% ± 10.46pp

Population and Household Demographics

Alamosa County is a County in Colorado with a population of 16,269. There are 5,932 households in the county with an average household size of 2.56 persons. 42.92% of households in Alamosa County are renters.

Income and Rent Overburden in Alamosa County

The median gross income for households in Alamosa County is $32,395 a year, or $2,700 a month. The median rent for the county is $635 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Alamosa County, a household making less than $2,117 a month would be considered overburdened when renting an apartment at or above the median rent. 53.46% of households who rent are overburdened in Alamosa County.1

Area Median Income In Alamosa County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Alamosa County, HUD calculates the Area Median Income for a family of four as $49,100

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Alamosa County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Alamosa County HUD Rental Assistance in Alamosa County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,350 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,850 $27,250 $30,650 $34,050 $36,800 $39,500 $42,250 $44,950
80% of Median $38,150 $43,600 $49,050 $54,500 $58,900 $63,250 $67,600 $71,950
Low Income Housing Tax Credits in Alamosa County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1994 to 2001, 3 low income apartment communities containing 76 rental apartments have been constructed and made affordable to low income persons in Alamosa County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Alamosa County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,850 $27,250 $30,650 $34,050 $36,800 $39,500 $42,250 $44,950
60% of Median $28,620 $32,700 $36,780 $40,860 $44,160 $47,400 $50,700 $53,940

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Alamosa County is $36,780 a year, or $3,065 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,065 by 30% to get a maximum rent of $920 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $596 $639 $766 $886 $988 $1,090
60% $716 $767 $920 $1,063 $1,185 $1,308
Fair Market Rents in Alamosa County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$662 $666 $791 $1,052 $1,212

Cities In Alamosa County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Alamosa 6 The HUD funded Public Housing Agency that serves Alamosa is the Alamosa Housing Authority.
Kit Carson 0
Julesburg 1
Alamosa East 0
Hooper 0