Affordable Housing In Gridley
Butte County, California

6 Low Income Apartment Communities In Gridley

Washington Court Apartments

901 Washington Street
Gridley, CA
Call For Rent
2-3 BR
HCV Welcome

Gridley Oaks Apartments

1500 Highway 99
Gridley, CA
Income Based
1 BR

The Hazel Hotel

880 Hazel St
Gridley, CA
HCV Welcome

Gridley Springs II

210 Ford Ave
Gridley, CA
HCV Welcome

Gridley Springs

210 Ford Ave
Gridley, CA
HCV Welcome

Butte County

110 S Ohio St
Gridley, CA
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Housing Authorities that serve Gridley

Housing Authority Programs
Housing Authority of the County of Butte Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Gridley, California

There are 6 low income housing apartment communities offering 527 affordable apartments for rent in Gridley, California. Gridley features 401 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 126 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Gridley.

Sourced from federal housing data and research.

Gridley, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 527
Total Housing Units with Rental Assistance 401
Percentage of Housing Units Occupied By Renters 45.6%
Average Renter Household Size 2.72
Average Household Size 2.94
Median Household Income $35,455 ±$10,435
Median Rent $800 ±$63
Percentage Of Renters Overburdened 66.17% ± 11.51pp
Total Population 6,579

Population and Household Demographics

Gridley is a City in Butte County, California with a population of 6,579. There are 2,204 households in the city with an average household size of 2.94 persons. 45.6% of households in Gridley are renters.

Income and Rent Overburden in Gridley

The median gross income for households in Gridley is $35,455 a year, or $2,955 a month. The median rent for the city is $800 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Gridley, a household making less than $2,667 a month would be considered overburdened when renting an apartment at or above the median rent. 66.17% of households who rent are overburdened in Gridley.1

Area Median Income In Gridley

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 Gridley, the AMI is calculated from all households within Butte County.

In Gridley, HUD calculates the Area Median Income for a family of four as $66,500

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 Gridley

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 Gridley HUD Rental Assistance in Gridley

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,000 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,300 $26,600 $29,950 $33,250 $35,950 $38,600 $41,250 $43,900
80% of Median $37,250 $42,600 $47,900 $53,200 $57,500 $61,750 $66,000 $70,250
Low Income Housing Tax Credits in Gridley

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1989 to 2012, 4 low income apartment communities containing 125 rental apartments have been constructed and made affordable to low income persons in Gridley by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Gridley

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,300 $26,600 $29,950 $33,250 $35,950 $38,600 $41,250 $43,900
60% of Median $27,960 $31,920 $35,940 $39,900 $43,140 $46,320 $49,500 $52,680

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Gridley is $35,940 a year, or $2,995 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,995 by 30% to get a maximum rent of $899 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $583 $624 $749 $865 $965 $1,064
60% $699 $749 $899 $1,038 $1,158 $1,277
Fair Market Rents in Gridley

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$761 $842 $1,090 $1,567 $1,881