Affordable Housing In Florence Graham
Los Angeles County,
Housing Authorities that serve Florence Graham
|Los Angeles County Development Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
Guide To Affordable Housing in Florence Graham, California
There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Florence Graham, California.
Income Based Apartments in Florence Graham, California
Florence Graham 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 Florence Graham, California
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Florence Graham.
Housing Choice Vouchers in Florence Graham, California
On average, Section 8 Housing Choice vouchers pay Florence Graham landlords $1,100 per month towards rent. The average voucher holder contributes $600 towards rent in Florence Graham.
The maximum amount a voucher would pay on behalf of a low-income tenant in Florence Graham, California for a two-bedroom apartment is between $1,760 and $2,152.
2020 Florence Graham, California 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||$1,279||$1,517||$1,956||$2,614||$2,857|
|Payment Standard Range||$1,151 to $1,407||$1,365 to $1,669||$1,760 to $2,152||$2,353 to $2,875||$2,571 to $3,143|
Sourced from federal housing data and AffordableHousingOnline.com research.
Florence Graham, CA 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||65.8%|
|Average Renter Household Size||4.19|
|Average Household Size||4.39|
|Median Household Income||$33,934 ±$1,462|
|Median Rent||$1,017 ±$30|
|Percentage Of Renters Overburdened||67.63% ± 4.3pp|
Population and Household Demographics
Florence Graham is a City in Los Angeles County, California with a population of 63,177. There are 14,373 households in the city with an average household size of 4.39 persons. 65.8% of households in Florence Graham are renters.
Income and Rent Overburden in Florence Graham
The median gross income for households in Florence Graham is $33,934 a year, or $2,828 a month. The median rent for the city is $1,017 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Florence Graham, a household making less than $3,390 a month would be considered overburdened when renting an apartment at or above the median rent. 67.63% of households who rent are overburdened in Florence Graham.1
Area Median Income In Florence Graham
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 Florence Graham, the AMI is calculated from all households within Los Angeles County.
In Florence Graham, HUD calculates the Area Median Income for a family of four as $73,100
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 Florence Graham
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 Florence Graham HUD Rental Assistance in Florence Graham
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$21,950||$25,050||$28,200||$31,300||$33,850||$36,350||$39,010||$43,430|
|50% of Median||$36,550||$41,800||$47,000||$52,200||$56,400||$60,600||$64,750||$68,950|
|80% of Median||$58,450||$66,800||$75,150||$83,500||$90,200||$96,900||$103,550||$110,250|