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Grand County Housing Authority to adopt HUD fair-market rents for Black Bear Apartments
Summary
The Grand County Housing Authority voted to update its tenant selection and management plans to use HUD fair-market rents for Black Bear Apartments, moving away from an income‑percentage model that staff said had hindered leasing.
The Grand County Housing Authority on Jan. 7 voted to revise its management and tenant-selection plans for Black Bear Apartments in Grand Lake to use U.S. Department of Housing and Urban Development (HUD) fair-market rents instead of a rent-calculation method tied directly to individual incomes.
Why it matters: The change standardizes advertised rents, county staff said, to make units easier to lease and reduce administrative complexity. Housing authority staff told commissioners that basing rent strictly on a…
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