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Willow House
There are 458 low-income apartments in Wasilla that offer reduced rents to eligible households.
Rental assistance programs support 65 low-income homes in Wasilla where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $570 towards rent each month.
Public Housing Agencies Serving Wasilla, Alaska
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
| Housing Authority | Programs |
|---|---|
| Alaska Housing Finance Corporation - Section 8 | Section 8 Housing Choice Voucher (HCV); Moving to Work; Section 8 Project-Based Rental Assistance (PBRA) |
| Alaska Housing Finance Corporation - Public Housing | Public Housing; Moving to Work |
Wasilla, Alaska Affordable Housing Data
Income Based Apartments in Wasilla, Alaska
Wasilla features 65 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 Wasilla, Alaska
There are 458 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wasilla.
Housing Choice Vouchers in Wasilla, Alaska
On average, Section 8 Housing Choice vouchers pay Wasilla landlords $600 per month towards rent. The average voucher holder contributes $600 towards rent in Wasilla.
The maximum amount a voucher would pay on behalf of a low-income tenant in Wasilla, Alaska for a two-bedroom apartment is between $1,048 and $1,280.
2023 Wasilla, 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 | |
|---|---|---|---|---|---|
| Wasilla, Alaska Fair Market Rent | $830 | $884 | $1,164 | $1,654 | $1,983 |
| Wasilla, Alaska Payment Standard Range | $747 to $913 | $796 to $972 | $1,048 to $1,280 | $1,489 to $1,819 | $1,785 to $2,181 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Wasilla, AK Affordable Housing Snapshot
| Total Affordable Apartment Properties | 18 |
|---|---|
| Total Low Income Apartments | 523 |
| Total Housing Units with Rental Assistance | 65 |
| Percentage of Housing Units Occupied By Renters | 44.64% |
| Average Renter Household Size | 2.61 |
| Average Household Size | 2.91 |
| Median Household Income | $61,541 ±$4,464 |
| Median Rent | $1,008 ±$65 |
| Percentage Of Renters Overburdened | 49.96% ± 7.65pp |
| Total Population | 8,676 |
Population and Household Demographics
Wasilla is a city in Matanuska Susitna Borough, Alaska with a population of 8,676. There are 2,946 households in the city with an average household size of 2.91 persons. 44.64% of households in Wasilla are renters.
Income and Rent Overburden in Wasilla
The median gross income for households in Wasilla is $61,541 a year, or $5,128 a month. The median rent for the city is $1,008 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wasilla, a household making less than $3,360 a month would be considered overburdened when renting an apartment at or above the median rent. 49.96% of households who rent are overburdened in Wasilla.
Area Median Income In Wasilla
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 Wasilla, the AMI is calculated from all households within Matanuska Susitna Borough.
In Wasilla, HUD calculates the Area Median Income for a family of four as $103,100
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 in Wasilla
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 Wasilla
| 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 Wasilla AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$21,100 | $24,640 | $31,070 | $37,500 | $43,930 | $50,360 | $56,790 | $63,220 |
| 50% AMI Income Limits Renters earning up to 50% of the Wasilla AMI may qualify for rental assistance programs that target Very Low Income households. |
$35,150 | $40,200 | $45,200 | $50,200 | $54,250 | $58,250 | $62,250 | $66,300 |
| 80% AMI Income Limits Renters earning up to 80% of the Wasilla AMI may qualify for rental assistance programs that target Low Income households. |
$56,250 | $64,250 | $72,300 | $80,300 | $86,750 | $93,150 | $99,600 | $106,000 |
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