Affordable Housing In Delta Junction
Southeast Fairbanks Census Area, Alaska

Guide To Affordable Housing in Delta Junction, Alaska

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Delta Junction, Alaska.

Income Based Apartments in Delta Junction, Alaska

Delta Junction features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Delta Junction, Alaska

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Delta Junction.

Housing Choice Vouchers in Delta Junction, Alaska

On average, Section 8 Housing Choice vouchers pay Delta Junction landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Delta Junction.

The maximum amount a voucher would pay on behalf of a low-income tenant in Delta Junction, Alaska for a two-bedroom apartment is between $1,105 and $1,351.

2022 Delta Junction, Alaska Fair Market Rents and Housing Choice Voucher Payment Standards

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
Delta Junction, Alaska Fair Market Rent $927 $933 $1,228 $1,744 $1,955
Delta Junction, Alaska Payment Standard Range $834 to $1,020 $840 to $1,026 $1,105 to $1,351 $1,570 to $1,918 $1,760 to $2,151

Sourced from federal housing data and AffordableHousingOnline.com research.

Delta Junction, AK Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 38.2%
Average Renter Household Size 3.24
Average Household Size 3.25
Median Household Income $72,500 ±$7,850
Median Rent $1,057 ±$124
Percentage Of Renters Overburdened 37.4% ± 15.74pp
Total Population 1,045

Population and Household Demographics

Delta Junction is a city in Southeast Fairbanks Census Area, Alaska with a population of 1,045. There are 322 households in the city with an average household size of 3.25 persons. 38.2% of households in Delta Junction are renters.

Income and Rent Overburden in Delta Junction

The median gross income for households in Delta Junction is $72,500 a year, or $6,042 a month. The median rent for the city is $1,057 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Delta Junction, a household making less than $3,523 a month would be considered overburdened when renting an apartment at or above the median rent. 37.4% of households who rent are overburdened in Delta Junction.

Area Median Income In Delta Junction

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Delta Junction, the AMI is calculated from all households within Southeast Fairbanks Census Area.

In Delta Junction, HUD calculates the Area Median Income for a family of four as $94,500

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 in Delta Junction

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.

Income Qualifications for HUD Rental Assistance in Delta Junction

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 Delta Junction AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,850 $22,890 $28,790 $34,690 $40,590 $46,490 $52,390 $58,290
50% AMI Income Limits
Renters earning up to 50% of the Delta Junction AMI may qualify for rental assistance programs that target Very Low Income households.
$33,100 $37,800 $42,550 $47,250 $51,050 $54,850 $58,600 $62,400
80% AMI Income Limits
Renters earning up to 80% of the Delta Junction AMI may qualify for rental assistance programs that target Low Income households.
$52,950 $60,500 $68,050 $75,600 $81,650 $87,700 $93,750 $99,800