What are the Income Guidelines?

Qualifying for Boulder Housing Partners affordable rental housing is based on your household's income.  Income Guidelines are the total combined gross income for the household. Guidelines for various household sizes need to be met to be eligible for housing programs. Area Median Income (AMI) requirements vary by apartment and property. The guidelines are based on median incomes for Boulder County as set annually by the U.S. Dept. of Housing and Urban Development (HUD).

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Colorado Housing and Finance Authority Income Table for 30%-80% of Area Median Income (AMI) for Boulder for 2018:

	Public Housing, Section 8, BAR*	Public Housing, Section 8, BAR*	Public Housing, Section 8, BAR*	Public Housing, BAR*	Twenty37 Apartment Homes*
Household Size	30% AMI	40% AMI	50% AMI	60% AMI	80% AMI
1	22,830	30,440	38,050	45,660	60,880
2	26,070	34,760	43,450	52,140	69,520
3	29,340	39,120	48,900	58,680	78,240
4	32,580	43,440	54,300	65,160	NA
5	35,190	46,920	58,650	70,380	NA
6	37,800	50,400	63,000	75,600	NA
7	40,410	53,880	67,350	80,820	NA
8	43,020	57,360	71,700	86,040	NA

 

*Qualifications: Must have a minimum gross monthly earnings of 2 times the rent.
Sample monthly rents for those earning 30-60% AMI:

• 1B:  $815 - 1,222
• 2B:  $978 - 1,467
• 3B:  $1,129 - 1,694
• 4B:  $1,260 - 1,890