Aleutians East Borough features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Aleutians East Borough.
On average, Section 8 Housing Choice vouchers pay Aleutians East Borough landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Aleutians East Borough.
The maximum amount a voucher would pay on behalf of a low-income tenant in Aleutians East Borough, Alaska for a two-bedroom apartment is between $1,111 and $1,357.
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.
Studio | One BR | Two BR | Three BR | Four BR | |
---|---|---|---|---|---|
Aleutians East Borough, Alaska Fair Market Rent | $865 | $937 | $1,234 | $1,502 | $1,873 |
Aleutians East Borough, Alaska Payment Standard Range | $779 to $952 | $843 to $1,031 | $1,111 to $1,357 | $1,352 to $1,652 | $1,686 to $2,060 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Total Affordable Apartment Properties | 0 |
---|---|
Total Low Income Apartments | 0 |
Total Housing Units with Rental Assistance | 0 |
Percentage of Housing Units Occupied By Renters | 46.52% |
Average Renter Household Size | 2.14 |
Average Household Size | 2.43 |
Median Household Income | $61,518 ±$2,684 |
Median Rent | $930 ±$36 |
Percentage Of Renters Overburdened | 20.87% ± 4.33pp |
Total Population | 3,304 |
Aleutians East Borough is a county in Alaska with a population of 3,304. There are 690 households in the county with an average household size of 2.43 persons. 46.52% of households in Aleutians East Borough are renters.
The median gross income for households in Aleutians East Borough is $61,518 a year, or $5,127 a month. The median rent for the county is $930 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Aleutians East Borough, a household making less than $3,100 a month would be considered overburdened when renting an apartment at or above the median rent. 20.87% of households who rent are overburdened in Aleutians East Borough.
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.
In Aleutians East Borough, HUD calculates the Area Median Income for a family of four as $90,100
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 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.
1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person | |
---|---|---|---|---|---|---|---|---|
30% AMI Income Limits Renters earning up to 30% of the Aleutians East Borough AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$19,750 | $24,640 | $31,070 | $37,500 | $43,930 | $50,360 | $56,790 | $62,050 |
50% AMI Income Limits Renters earning up to 50% of the Aleutians East Borough AMI may qualify for rental assistance programs that target Very Low Income households. |
$32,900 | $37,600 | $42,300 | $47,000 | $50,800 | $54,550 | $58,300 | $62,050 |
80% AMI Income Limits Renters earning up to 80% of the Aleutians East Borough AMI may qualify for rental assistance programs that target Low Income households. |
$52,650 | $60,200 | $67,700 | $75,200 | $81,250 | $87,250 | $93,250 | $99,300 |