Affordable Housing In Cantonment
3 Low Income Apartment Communities In Cantonment
Guide To Affordable Housing in Cantonment, Florida
There are 3 low income housing apartment communities offering 107 affordable apartments for rent in Cantonment, Florida.
Income Based Apartments in Cantonment, Florida
Cantonment features 107 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 Cantonment, Florida
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cantonment.
Housing Choice Vouchers in Cantonment, Florida
On average, Section 8 Housing Choice vouchers pay Cantonment landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Cantonment.
Sourced from federal housing data and AffordableHousingOnline.com research.
Area Median Income In Cantonment
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 Cantonment, the AMI is calculated from all households within Escambia County.
In Cantonment, HUD calculates the Area Median Income for a family of four as $65,900
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 Cantonment
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 Cantonment
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$13,850||$17,240||$21,720||$26,200||$30,680||$35,160||$39,640||$43,500|
|50% of Median||$23,100||$26,400||$29,700||$32,950||$35,600||$38,250||$40,900||$43,500|
|80% of Median||$36,900||$42,200||$47,450||$52,700||$56,950||$61,150||$65,350||$69,600|