Gibson, Georgia Affordable Housing

Affordable Housing programs support 42 income based apartments in Gibson where households pay rent based on how much they earn.

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

Waiting Lists in Gibson, Georgia

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

Gibson Village

388 Project St
Gibson, Georgia
Call For Rent
1-2 BR
Rent Assisted

Gibson Housing Project

343 Project St
Gibson, Georgia
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Public Housing Agencies Serving Gibson, 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 Gibson 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 Gibson.

Gibson, Georgia Affordable Housing Data

Income Based Apartments in Gibson, Georgia

Gibson features 42 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 Gibson, Georgia

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

Housing Choice Vouchers in Gibson, Georgia

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

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

2023 Gibson, 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
Gibson, Georgia Fair Market Rent $648 $684 $772 $1,044 $1,048
Gibson, Georgia Payment Standard Range $583 to $713 $616 to $752 $695 to $849 $940 to $1,148 $943 to $1,153

Sourced from federal housing data and research.

Gibson, GA Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 42
Total Housing Units with Rental Assistance 42
Percentage of Housing Units Occupied By Renters 52.14%
Average Renter Household Size 2.34
Average Household Size 2.33
Median Household Income $31,250 ±$7,108
Median Rent $402 ±$70
Percentage Of Renters Overburdened 25.37% ± 11.61pp
Total Population 695

Population and Household Demographics

Gibson is a city in Glascock County, Georgia with a population of 695. There are 257 households in the city with an average household size of 2.33 persons. 52.14% of households in Gibson are renters.

Income and Rent Overburden in Gibson

The median gross income for households in Gibson is $31,250 a year, or $2,604 a month. The median rent for the city is $402 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Gibson, a household making less than $1,340 a month would be considered overburdened when renting an apartment at or above the median rent. 25.37% of households who rent are overburdened in Gibson.

Area Median Income In Gibson

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 Gibson, the AMI is calculated from all households within Glascock County.

In Gibson, HUD calculates the Area Median Income for a family of four as $76,200

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 Gibson

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 Gibson

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 Gibson AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,590 $18,310 $23,030 $27,750 $32,470 $36,800 $39,350 $41,850
50% AMI Income Limits
Renters earning up to 50% of the Gibson AMI may qualify for rental assistance programs that target Very Low Income households.
$22,200 $25,400 $28,550 $31,700 $34,250 $36,800 $39,350 $41,850
80% AMI Income Limits
Renters earning up to 80% of the Gibson AMI may qualify for rental assistance programs that target Low Income households.
$35,500 $40,600 $45,650 $50,700 $54,800 $58,850 $62,900 $66,950