Low income housing pueblo west, co

The Landings at Eagleridge

4749 Eagleridge Cir, Pueblo, CO 81008

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Outlook Ridge

5300 Outlook Blvd, Pueblo, CO 81008

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Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Pueblo West Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Pueblo West but actual income limits may differ for units at Pueblo West Gardens.

AMI Band1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 PersonVery Low Income (50%)$28,800$32,900$37,000$41,100$44,400$47,700$51,000$54,300Low Income (60%)$34,560$39,480$44,400$49,320$53,280$57,240$61,200$65,160

There are no open Section 8 Housing Choice Voucher waiting lists in Pueblo West. Go to the Colorado Section 8 Waiting Lists page for openings near Pueblo West.

Affordable Housing Near Pueblo West

View affordable apartments and waiting lists in cities near Pueblo West

CityApartmentsAffordable Housing In Pueblo, COAffordable Housing programs support 42 apartment communities in Pueblo.

Pueblo West, Colorado Affordable Housing Data

Income Based Apartments in Pueblo West, Colorado

Pueblo West 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 Pueblo West, Colorado

There are 109 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pueblo West.

Housing Choice Vouchers in Pueblo West, Colorado

On average, Section 8 Housing Choice vouchers pay Pueblo West landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Pueblo West.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pueblo West, Colorado for a two-bedroom apartment is between $1,012 and $1,236.

2023 Pueblo West, 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.

StudioOne BRTwo BRThree BRFour BRPueblo West, Colorado Fair Market Rent$815$854$1,124$1,471$1,674Pueblo West, Colorado Payment Standard Range$734 to $897$769 to $939$1,012 to $1,236$1,324 to $1,618$1,507 to $1,841

Sourced from federal housing data and AffordableHousingOnline.com research.

Pueblo West, CO Affordable Housing Snapshot
Total Affordable Apartment Properties3Total Low Income Apartments109Total Housing Units with Rental Assistance0Percentage of Housing Units Occupied By Renters20.24%Average Renter Household Size3.11Average Household Size2.77Median Household Income$65,681 ±$3,219Median Rent$937 ±$54Percentage Of Renters Overburdened43.12% ± 9.29ppTotal Population30,440
Population and Household Demographics

Pueblo West is a city in Pueblo County, Colorado with a population of 30,440. There are 10,919 households in the city with an average household size of 2.77 persons. 20.24% of households in Pueblo West are renters.

Income and Rent Overburden in Pueblo West

The median gross income for households in Pueblo West is $65,681 a year, or $5,473 a month. The median rent for the city is $937 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pueblo West, a household making less than $3,123 a month would be considered overburdened when renting an apartment at or above the median rent. 43.12% of households who rent are overburdened in Pueblo West.

Area Median Income In Pueblo West

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 Pueblo West, the AMI is calculated from all households within Pueblo County.

In Pueblo West, HUD calculates the Area Median Income for a family of four as $68,600

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 Pueblo West

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.

What is the income limit for low

What are the Income Guidelines?.

How do you qualify for low

Who Is Eligible for Section 8 Housing?.
Earn significantly less than the average income level for the county in which you're applying. ... .
Have young children in the household..
The applicant is pregnant..
The applicant is a Veteran..
The applicant is a senior citizen..
There's a disabled family member in the household..

What is the most to qualify for low

HUD sets the lower income limits at 80% and very low-income limits at 50% of the median income for the county or metropolitan area in which you choose to live. Income limits vary from area to area so you may be eligible at one HA but not at another.

How do I get housing assistance in Colorado?

Colorado Housing Connects provides statewide housing assistance regarding affordable housing, housing assistance, tenant rights, and more, by connecting Coloradans with local services. They operate a housing hotline. You can call 1-844-926-6632 to speak with a housing counselor who will connect you with resources.