Affordable Housing In Kusilvak Census Area
Alaska
Guide To Affordable Housing in Kusilvak Census Area, Alaska
There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Kusilvak Census Area, Alaska.
Income Based Apartments in Kusilvak Census Area, Alaska
Kusilvak Census Area 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 Kusilvak Census Area, Alaska
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kusilvak Census Area.
Housing Choice Vouchers in Kusilvak Census Area, Alaska
On average, Section 8 Housing Choice vouchers pay Kusilvak Census Area landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Kusilvak Census Area.
The maximum amount a voucher would pay on behalf of a low-income tenant in Kusilvak Census Area, Alaska for a two-bedroom apartment is between $849 and $1,037.
2020 Kusilvak Census Area, 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 | |
|---|---|---|---|---|---|
| Fair Market Rent | $662 | $732 | $943 | $1,175 | $1,277 |
| Payment Standard Range | $596 to $728 | $659 to $805 | $849 to $1,037 | $1,058 to $1,293 | $1,149 to $1,405 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Area Median Income In Kusilvak Census Area
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 Kusilvak Census Area, HUD calculates the Area Median Income for a family of four as $40,700
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 Kusilvak Census Area
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 Kusilvak Census Area HUD Rental Assistance in Kusilvak Census Area
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% of Median | $17,500 | $21,130 | $26,660 | $32,190 | $37,720 | $43,250 | $48,780 | $54,310 |
| 50% of Median | $29,200 | $33,400 | $37,550 | $41,700 | $45,050 | $48,400 | $51,750 | $55,050 |
| 80% of Median | $46,700 | $53,400 | $60,050 | $66,700 | $72,050 | $77,400 | $82,750 | $88,050 |
