Searcy Housing Authority
501 S.fir St.
The Searcy Housing Authority administers
both a public housing and Section 8 housing voucher program. The housing authority owns and manages 1 projects which contain 148 affordable rental units. It also administers 138 Section 8 housing vouchers.
According to HUD, Searcy Housing Authority is determined to be a Small public housing authority, meaning it manages between 50 - 249 public housing units. Also according to the Department of Housing and Urban Development, the housing authority is designated as Small, meaning it administers 50 - 249 Section 8 vouchers.
Comparing the housing assistance distribution of Searcy Housing Authority between Public Housing Units (52%) and Section 8 Housing Vouchers (48%) to that of all housing authorities in AR, Searcy Housing Authority has a larger proportion of public housing units than the average housing authority. The housing authority’s proportion of Section 8 vouchers under management is larger than the average housing authority in AR.
Source United States Department of Housing and Urban Development (hud.gov, 2014)
Public housing authorities provide several affordable housing assistance programs to renters and sometimes homeowners. Most of these programs are funded by the Federal government through the Department of Housing and Urban Development (HUD).
The two primary housing programs administered by housing authorities are the Section 8 Housing Choice Voucher Program and the Low Rent Housing Program, also known as Public Housing.
Section 8 vouchers provide a rental subsidy to renters that absorbs housing costs that exceed 30% of their income. Renters can use the voucher to rent private housing in apartment communities or privately owned homes. The rent is capped based on a Payment Standard that is determined by the housing authority based on market rents in the target area. Section 8 assistance is very limited across the country and typically waiting lists for the assistance can stretch out for a decade.
Public housing is rental housing owned and managed by housing authorities. Renters pay only 30% of their adjusted income. Typically, public housing consists of apartment developments but sometimes can be scattered single family homes in some suburban or rural housing authorities. Public housing was the first form of affordable housing provided to low income Americans. It is one of the oldest housing assistance programs in the country.
Every public housing project is inspected every one to three years by HUD.
Searcy Housing Authority manages one rental property which has an inspection score of
To be a passing score, a public housing property must have a score of 60 or more.
Searcy has a passing score.
Source United States Department of Housing and Urban Development (data.gov, 2014)
Tenants in public housing pay rent based on their income. Generally, the Total Tenant Payment (TTP) is 30% of the tenant’s adjusted income.
Searcy Housing Authority owns and manages 148 public housing units in 1 properties.
The Average Total Tenant Payment for Searcy Housing Authority is $257.00 compared to the state
average of $0.00.
The Average Total Tenant Payment for the state of AR ranges from a low of $0.00 to a high of $0.00.
Source Resident Characteristics Report (hud.gov, 2013)
The Section 8 and Public Housing programs administered by this housing authority are often over subscribed requiring the use of a waiting list. The waiting list would typically only open for brief periods. To find out of the waiting list is open or when it may open, please contact the housing authority directly.
Public Housing Projects
Small (50 - 249)
Public Housing Size
Small (50 - 249)
Section 8 Size
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