East Point, Georgia Affordable Housing
Waiting Lists in East Point, Georgia
There are no open Section 8 Housing Choice Voucher waiting lists in East Point. Go to the Georgia Section 8 Waiting Lists page for openings near East Point.
Finding Affordable Housing in East Point, Georgia
There are 2,315 low-income apartments in East Point that offer reduced rents to eligible households.
Rental assistance programs support 383 low-income homes in East Point where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $343 towards rent each month.
Norman Berry Village Senior Residences(55+)
Affordable Housing Near East Point
View affordable apartments and waiting lists in cities near East Point
| City | Apartments |
|---|---|
| Atlanta, GA | Affordable Housing programs support 275 apartment communities in Atlanta. |
| Union City, GA | Affordable Housing programs support 8 apartment communities in Union City. |
| Roswell, GA | Affordable Housing programs support 5 apartment communities in Roswell. |
| Fairburn, GA | Affordable Housing programs support 4 apartment communities in Fairburn. |
| Alpharetta, GA | Affordable Housing programs support 2 apartment communities in Alpharetta. |
Public Housing Agencies Serving East Point, 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:
- Sterling Place Apartments is currently open for new applications.
| Housing Authority | Programs |
|---|---|
| East Point Housing Authority | Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH) |
| Housing Authority of Fulton County | Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Section 8 Project-Based Voucher (PBV) |
East Point, Georgia Affordable Housing Data
Income Based Apartments in East Point, Georgia
East Point features 383 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 East Point, Georgia
There are 2,315 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in East Point.
Housing Choice Vouchers in East Point, Georgia
On average, Section 8 Housing Choice vouchers pay East Point landlords $1,000 per month towards rent. The average voucher holder contributes $300 towards rent in East Point.
The maximum amount a voucher would pay on behalf of a low-income tenant in East Point, Georgia for a two-bedroom apartment is between $1,398 and $1,708.
2023 East Point, 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 | |
|---|---|---|---|---|---|
| East Point, Georgia Fair Market Rent | $1,345 | $1,375 | $1,553 | $1,890 | $2,308 |
| East Point, Georgia Payment Standard Range | $1,211 to $1,480 | $1,238 to $1,513 | $1,398 to $1,708 | $1,701 to $2,079 | $2,077 to $2,539 |
Sourced from federal housing data and AffordableHousingOnline.com research.
East Point, GA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 14 |
|---|---|
| Total Low Income Apartments | 2,698 |
| Total Housing Units with Rental Assistance | 383 |
| Percentage of Housing Units Occupied By Renters | 57.7% |
| Average Renter Household Size | 2.64 |
| Average Household Size | 2.60 |
| Median Household Income | $37,049 ±$2,534 |
| Median Rent | $909 ±$23 |
| Percentage Of Renters Overburdened | 55.94% ± 4.51pp |
| Total Population | 35,357 |
Population and Household Demographics
East Point is a city in Fulton County, Georgia with a population of 35,357. There are 13,443 households in the city with an average household size of 2.60 persons. 57.7% of households in East Point are renters.
Income and Rent Overburden in East Point
The median gross income for households in East Point is $37,049 a year, or $3,087 a month. The median rent for the city is $909 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In East Point, a household making less than $3,030 a month would be considered overburdened when renting an apartment at or above the median rent. 55.94% of households who rent are overburdened in East Point.
Area Median Income In East Point
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 East Point, the AMI is calculated from all households within Fulton County.
In East Point, HUD calculates the Area Median Income for a family of four as $96,400
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 East Point
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 East Point
| 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 East Point AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$20,250 | $23,150 | $26,050 | $28,900 | $32,470 | $37,190 | $41,910 | $46,630 |
| 50% AMI Income Limits Renters earning up to 50% of the East Point AMI may qualify for rental assistance programs that target Very Low Income households. |
$33,750 | $38,600 | $43,400 | $48,200 | $52,100 | $55,950 | $59,800 | $63,650 |
| 80% AMI Income Limits Renters earning up to 80% of the East Point AMI may qualify for rental assistance programs that target Low Income households. |
$54,000 | $61,700 | $69,400 | $77,100 | $83,300 | $89,450 | $95,650 | $101,800 |
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