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Affordable Housing In Loma Mar
San Mateo County, California

Housing Authorities that serve Loma Mar

Housing Authority Programs
Housing Authority of the County of San Mateo Section 8 Housing Choice Voucher (HCV); Moving to Work

Guide To Affordable Housing in Loma Mar, California

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Loma Mar, California.

Income Based Apartments in Loma Mar, California

Loma Mar 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 Loma Mar, California

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

Housing Choice Vouchers in Loma Mar, California

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Loma Mar, California for a two-bedroom apartment is between $3,005 and $3,673.

2020 Loma Mar, 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 $2,197 $2,720 $3,339 $4,365 $4,657
Payment Standard Range $1,977 to $2,417 $2,448 to $2,992 $3,005 to $3,673 $3,929 to $4,802 $4,191 to $5,123

Sourced from federal housing data and AffordableHousingOnline.com research.

Loma Mar, 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 60.87%
Average Renter Household Size 3.29
Average Household Size 3.24
Median Household Income $0 ±$0
Median Rent $0 ±$0
Percentage Of Renters Overburdened 100% ± 58.14pp
Total Population 149

Population and Household Demographics

Loma Mar is a City in San Mateo County, California with a population of 149. There are 46 households in the city with an average household size of 3.24 persons. 60.87% of households in Loma Mar are renters.

Income and Rent Overburden in Loma Mar

The median gross income for households in Loma Mar is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Loma Mar, a household making less than $0 a month would be considered overburdened when renting an apartment at or above the median rent. 100% of households who rent are overburdened in Loma Mar.1

Area Median Income In Loma Mar

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 Loma Mar, the AMI is calculated from all households within San Mateo County.

In Loma Mar, HUD calculates the Area Median Income for a family of four as $136,800

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 Loma Mar

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 Loma Mar

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $33,850 $38,700 $43,550 $48,350 $52,250 $56,100 $60,000 $63,850
50% of Median $56,450 $64,500 $72,550 $80,600 $87,050 $93,500 $99,950 $106,400
80% of Median $90,450 $103,350 $116,250 $129,150 $139,500 $149,850 $160,150 $170,500