Divide, Colorado Affordable Housing

Affordable Housing programs support 0 income based apartments in Divide where households pay rent based on how much they earn.

There are 30 affordable apartments in Divide that offer reduced rents to low-income households.

Waiting Lists in Divide, Colorado

There are two Section 8 Housing Choice Voucher waiting lists open in Divide.

Go to the Colorado Section 8 Waiting Lists page for more openings near Divide.

Hybrook Townhomes II

212 Hybrook Rd S
Divide, Colorado
Affordable
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Affordable Housing Near Divide

View affordable apartments and waiting lists in cities near Divide

City Apartments
Cripple Creek, CO Affordable Housing programs support 2 apartment communities in Cripple Creek.
Woodland Park, CO Affordable Housing programs support 1 apartment communities in Woodland Park.

Public Housing Agencies Serving Divide, Colorado

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority Programs
Upper Arkansas Area Council of Governments Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Mainstream Voucher
Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Divide.

Divide, Colorado Affordable Housing Data

Income Based Apartments in Divide, Colorado

Divide features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Divide, Colorado

There are 30 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Divide.

Housing Choice Vouchers in Divide, Colorado

On average, Section 8 Housing Choice vouchers pay Divide landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Divide.

The maximum amount a voucher would pay on behalf of a low-income tenant in Divide, Colorado for a two-bedroom apartment is between $1,210 and $1,478.

2023 Divide, Colorado Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Divide, Colorado Fair Market Rent $899 $1,122 $1,344 $1,910 $2,289
Divide, Colorado Payment Standard Range $809 to $989 $1,010 to $1,234 $1,210 to $1,478 $1,719 to $2,101 $2,060 to $2,518

Sourced from federal housing data and AffordableHousingOnline.com research.

Divide, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 30
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 3.54
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 124

Population and Household Demographics

Divide is a city in Teller County, Colorado with a population of 124. There are 35 households in the city with an average household size of 3.54 persons. % of households in Divide are renters.

Income and Rent Overburden in Divide

The median gross income for households in Divide is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Divide

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Divide, the AMI is calculated from all households within Teller County.

In Divide, HUD calculates the Area Median Income for a family of four as $88,400

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 Divide

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 HUD Rental Assistance in Divide

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Divide AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,550 $21,200 $23,850 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Divide AMI may qualify for rental assistance programs that target Very Low Income households.
$30,950 $35,400 $39,800 $44,200 $47,750 $51,300 $54,850 $58,350
80% AMI Income Limits
Renters earning up to 80% of the Divide AMI may qualify for rental assistance programs that target Low Income households.
$49,500 $56,600 $63,650 $70,700 $76,400 $82,050 $87,700 $93,350