Affordable Housing In Bronson
Levy County, Florida

2 Low Income Apartment Communities In Bronson

Pinewood Villas

7291 NE 92nd Court
Bronson, FL
Income Based
1-3 BR
Subsidized

621 S Pine St

621 S Pine St
Bronson, FL
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Housing Authorities that serve Bronson

Housing Authority Programs
North Central Florida Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in Bronson

Housing Authority Programs
Suwannee County Housing Authority Public Housing
Gilchrist County Housing Authority Public Housing

Guide To Affordable Housing in Bronson, Florida

There are 2 low income housing apartment communities offering 140 affordable apartments for rent in Bronson, Florida. Bronson features 140 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 0 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Bronson.

Sourced from federal housing data and AffordableHousingOnline.com research.

Bronson, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 140
Total Housing Units with Rental Assistance 140
Percentage of Housing Units Occupied By Renters 19.9%
Average Renter Household Size 2.22
Average Household Size 2.50
Median Household Income $28,690 ±$7,242
Median Rent $525 ±$155
Percentage Of Renters Overburdened 36.84% ± 35.81pp
Total Population 955

Population and Household Demographics

Bronson is a City in Levy County, Florida with a population of 955. There are 382 households in the city with an average household size of 2.50 persons. 19.9% of households in Bronson are renters.

Income and Rent Overburden in Bronson

The median gross income for households in Bronson is $28,690 a year, or $2,391 a month. The median rent for the city is $525 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bronson, a household making less than $1,750 a month would be considered overburdened when renting an apartment at or above the median rent. 36.84% of households who rent are overburdened in Bronson.1

Area Median Income In Bronson

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 Bronson, the AMI is calculated from all households within Levy County.

In Bronson, HUD calculates the Area Median Income for a family of four as $46,100

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 Bronson

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 Bronson HUD Rental Assistance in Bronson

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $27,950 $30,000 $32,100 $34,150
50% of Median $18,100 $20,700 $23,300 $25,850 $27,950 $30,000 $32,100 $34,150
80% of Median $28,950 $33,100 $37,250 $41,350 $44,700 $48,000 $51,300 $54,600
Low Income Housing Tax Credits in Bronson

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

From 1991 to 1991, 1 low income apartment communities containing 16 rental apartments have been constructed and made affordable to low income persons in Bronson 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 Bronson

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $18,100 $20,700 $23,300 $25,850 $27,950 $30,000 $32,100 $34,150
60% of Median $21,720 $24,840 $27,960 $31,020 $33,540 $36,000 $38,520 $40,980

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 Bronson is $27,960 a year, or $2,330 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,330 by 30% to get a maximum rent of $699 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% $453 $485 $583 $673 $750 $828
60% $543 $582 $699 $807 $900 $994
Fair Market Rents in Bronson

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
$551 $554 $730 $1,001 $1,128