Colorado • Public Data

Housing Needs Assessment · part 3 of 5

What households can afford

What can households here actually afford, and where is the gap? Built from cached public datasets (Census, DOLA, HUD) with live Census API fallbacks.

Screening tool only. Data snapshots are for early-stage community planning and site research using public Census, DOLA, and HUD datasets. They are not a certified housing needs study and do not substitute for a CHFA-required market analysis or formal due diligence.

Select a geography above to load housing data

Executive Snapshot

Select a geography to generate an HNA-style baseline narrative.
Population
Median household income
Median home value
Median gross rent
Tenure
ACS DP04 0046/0047 · data.census.gov
Rent burdened (≥30%)
ACS DP04 GRAPI bins · data.census.gov
Income needed to buy (est.)
30% of income rule
Mean commute time
ACS S0801 mean travel time (min) · data.census.gov

HUD Fair Market Rents & Income Limits

HUD Fair Market Rents (FY2026) by bedroom size and FY2026 county Income Limits by household size for the selected county. Source: HUD User.

Select a geography to view FMR data.
Fair Market Rents
Income Limits (annual)

FMR = maximum contract rent eligible for Housing Choice Voucher program subsidy. Income limits set affordability thresholds for LIHTC, HOME, and other programs.

▸ Why use HUD MTSP income limits?

CHFA does publish annual Multifamily Rent & Income Limits tables — the ones LIHTC compliance monitors use. They are derived from HUD's published Multifamily Tax Subsidy Project (MTSP) area median income (AMI) for each county using the same IRC §42 formula shown here:

LIHTC monthly rent ceiling = AMI4-person × tier% × 30% ÷ 12
  • HUD MTSP is the upstream authoritative source. CHFA's tables are derived from HUD's published MTSP numbers using the same IRC Section 42 formula.
  • HUD publishes machine-readable data (huduser.gov/datasets/il.html). CHFA publishes annual tables for compliance reference.
  • Computing from MTSP makes the rent-ceiling formula visible while preserving CHFA's published tables as the binding application reference.

For CHFA application submissions: calculated limits should be checked against CHFA's published tables. If a discrepancy appears, CHFA's published tables are the binding reference — cross-check here before submitting.

Sources: HUD MTSP FY2026 county Income Limits (huduser.gov/datasets/il.html); CHFA Multifamily Rent & Income Limits (chfainfo.com/rental-housing/asset-management/rent-income-limits); IRC §42(g)(2)(A) rent ceiling formula.

Rent triangulation — existing vs. asking

Three rent measurements side-by-side so you can see which figure applies to which question: underwriting (FMR), cost-burden math (ACS), or what a new tenant will actually pay (ZORI).

Homeownership affordability

Annual household income required to buy the typical home (not rent it) under a 30-yr fixed mortgage at today's rate, holding the full monthly PITI payment — Principal & Interest, property Tax, Insurance, and PMI — to no more than 30% of gross income. Compare against the local median household income bar to see the gap.

How this is calculated

Rent burden distribution

Share of renter households by gross rent as a percent of income (ACS DP04 / GRAPI bins). Households spending ≥30% of income on housing are considered cost-burdened; ≥50% severely burdened.
Age-stratified rent burden (ages 55–62 and 62+) is available in the HUD CHAS data shown in the adjacent panel. Select a county to view CHAS breakdown by AMI tier.

Cost burden by AMI tier (HUD CHAS)

Renter households by income tier (% of Area Median Income) showing not-burdened, moderately burdened (30–50% of income), and severely burdened (>50%) households. Source: HUD Comprehensive Housing Affordability Strategy (CHAS).
Why only 4 tiers? HUD CHAS Table 9 publishes income at four bands only (≤30 / 31–50 / 51–80 / 81–100% AMI) — finer 10% increments aren't in the source dataset. For a 7-band breakdown of unit shortfall (renter households needing vs. units available at each tier), see the Rental Affordability Gap by AMI Tier panel above, which derives renter-household counts from ACS B25118 × HUD income limits.
Counts here use HUD CHAS 2018–2022 with size-adjusted income limits (HAMFI); they run below the ACS-based demand headline, especially in student-heavy markets. See methodology.

Stacked bar chart showing renter households at each AMI income tier (≤30%, 31–50%, 51–80%, 81–100%) broken down by housing cost burden status.

How Affordable Has Housing Become Over the Last 15 Years?

Rent, home prices, and income compared to 2009 — does housing pace incomes, or outpace them? Combines three publicly-available series at the county level. Sources: Census ACS 5-yr (2009, 2014, 2024); FHFA House Price Index (annual, FHFA HPI); DOLA State Demography Office 2024 mid-projection for population context.

Owner Housing Cost Burden

Owner households by monthly housing costs as a percentage of household income. Costs exceeding 30% indicate a cost burden. Source: ACS DP04.

Current rental gap & affordability

Today's renter-household shortfall by income tier and cost burden — distinct from the 20-year production outlook in the projections section below.

Select a geography to view current rental gap analysis.

How this estimate combines cost burden, AMI gap, and projections

The estimate combines three signals: (1) current renter cost-burden counts by income tier, (2) AMI affordability gap counts (units affordable vs. households), and (3) forward DOLA-based household growth projections over the selected horizon.

These are integrated to show both the current unmet need and the future incremental units needed. Treat this as a planning-screening synthesis rather than a certified market study.

County-proxy caveat for place/CDP selections: when sub-county series are unavailable, county-level labor market and projection context is used as a proxy and scaled to the selected geography.

Methodology & Data Sources

This section updates as you change geographies and as cached datasets become available. All sources link to the primary publisher.

Primary Data Sources

ACS 5-Year EstimatesCensus Bureau
HUD CHASCost Burden by AMI
LEHD LODESCommuting Flows
HUD LIHTCTax Credit Database
HUD QCT/DDAQCT and DDA lists
HUD FMRFair Market Rents

Data refreshes automatically via GitHub Actions. Full data sources inventory · Data freshness status

Step 2 complete? Save your Housing Needs Assessment findings to this project, then continue to Market Analysis.