Alma, Georgia Affordable Housing

Affordable Housing programs support 360 income based apartments in Alma where households pay rent based on how much they earn.

There are 0 affordable apartments in Alma that offer reduced rents to low-income households.

Waiting Lists in Alma, Georgia

There are no open Section 8 Housing Choice Voucher waiting lists in Alma. Go to the Georgia Section 8 Waiting Lists page for openings near Alma.

Heritage Villas of Alma

234 Floyd Street
Alma, Georgia
Rent Assisted

Azalea Court

613 S Thomas St
Alma, Georgia
Rent Assisted

Queen City Heights

115 E 5th St
Alma, Georgia

Albert Pitts Homes

502 E 15th St
Alma, Georgia

Wilfred Smith Terrace

401 E 12th St
Alma, Georgia
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Public Housing Agencies Serving Alma, Georgia

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Waiting lists for project-based assistance, like the Public Housing program, are open:

Housing Authority Programs
Housing Authority of the City of Nicholls Public Housing
Housing Authority of the City of Alma Public Housing
Georgia Department of Community Affairs Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV)
Go to the Georgia Public Housing and Low-Income Apartments Waiting Lists page for openings near Alma.

Alma, Georgia Affordable Housing Data

Income Based Apartments in Alma, Georgia

Alma features 360 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 Alma, Georgia

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

Housing Choice Vouchers in Alma, Georgia

On average, Section 8 Housing Choice vouchers pay Alma landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Alma.

The maximum amount a voucher would pay on behalf of a low-income tenant in Alma, Georgia for a two-bedroom apartment is between $695 and $849.

2023 Alma, Georgia 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
Alma, Georgia Fair Market Rent $516 $684 $772 $969 $1,123
Alma, Georgia Payment Standard Range $464 to $568 $616 to $752 $695 to $849 $872 to $1,066 $1,011 to $1,235

Sourced from federal housing data and AffordableHousingOnline.com research.

Alma, GA Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 360
Total Housing Units with Rental Assistance 360
Percentage of Housing Units Occupied By Renters 53.86%
Average Renter Household Size 2.85
Average Household Size 2.62
Median Household Income $29,861 ±$5,176
Median Rent $569 ±$29
Percentage Of Renters Overburdened 45.44% ± 10.17pp
Total Population 3,513

Population and Household Demographics

Alma is a city in Bacon County, Georgia with a population of 3,513. There are 1,140 households in the city with an average household size of 2.62 persons. 53.86% of households in Alma are renters.

Income and Rent Overburden in Alma

The median gross income for households in Alma is $29,861 a year, or $2,488 a month. The median rent for the city is $569 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Alma, a household making less than $1,897 a month would be considered overburdened when renting an apartment at or above the median rent. 45.44% of households who rent are overburdened in Alma.

Area Median Income In Alma

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 Alma, the AMI is calculated from all households within Bacon County.

In Alma, HUD calculates the Area Median Income for a family of four as $50,900

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 Alma

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 Alma

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Alma AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,590 $18,310 $23,030 $27,750 $32,470 $35,650 $38,100 $40,550
50% AMI Income Limits
Renters earning up to 50% of the Alma AMI may qualify for rental assistance programs that target Very Low Income households.
$21,500 $24,600 $27,650 $30,700 $33,200 $35,650 $38,100 $40,550
80% AMI Income Limits
Renters earning up to 80% of the Alma AMI may qualify for rental assistance programs that target Low Income households.
$34,400 $39,300 $44,200 $49,100 $53,050 $57,000 $60,900 $64,850