Affordable Housing In Allen County
Indiana
92 Low Income Apartment Communities In Allen County
Adam & Bruce Apartments
There are 92 low income housing apartment complexes which contain 7,009 affordable apartments for rent in Allen County. Many of these rental apartments are income based housing with 3,470 apartments that set rent based on your income. In Allen County, HUD housing programs support 2,181 rental assistance apartments through programs like Project-based Section 8. There are 3,359 other low income apartments that don't have rental assistance but are cheaper than market rate rents.
Housing Authorities that serve Allen County
| Housing Authority | Programs |
|---|---|
| Brightpoint | Section 8 Housing Choice Voucher (HCV) |
Other Housing Authorities located in Allen County
| Housing Authority | Programs |
|---|---|
| Fort Wayne Housing Authority | Section 8 Housing Choice Voucher (HCV); Public Housing; Section 8 Project-Based Voucher (PBV) |
| Decatur Housing Authority | Section 8 Housing Choice Voucher (HCV) |
Guide To Affordable Housing in Allen County, Indiana
Allen County, IN Affordable Housing Snapshot
| Total Affordable Apartment Properties | 92 |
|---|---|
| Total Low Income Apartments | 7,009 |
| Total Rent Assisted Apartments | 3,470 |
| Percentage of Housing Units Occupied By Renters | 31.15% |
| Average Renter Household Size | 2.29 |
| Total Population | 363,453 |
| Housing Units | 140,536 |
| Average Household Size | 2.55 |
| Median Household Income | $49,092 ±$839 |
| Median Rent | $682 ±$8 |
| Percentage Of Renters Overburdened | 42.04% ± 1.67pp |
Population and Household Demographics
Allen County is a County in Indiana with a population of 363,453. There are 140,536 households in the county with an average household size of 2.55 persons. 31.15% of households in Allen County are renters.
Income and Rent Overburden in Allen County
The median gross income for households in Allen County is $49,092 a year, or $4,091 a month. The median rent for the county is $682 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Allen County, a household making less than $2,273 a month would be considered overburdened when renting an apartment at or above the median rent. 42.04% of households who rent are overburdened in Allen County.1
Area Median Income In Allen County
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.
In Allen County, HUD calculates the Area Median Income for a family of four as $68,800
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 Allen County
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 Allen County HUD Rental Assistance in Allen County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% of Median | $14,500 | $16,910 | $21,330 | $25,750 | $30,170 | $34,590 | $39,010 | $43,430 |
| 50% of Median | $24,100 | $27,550 | $31,000 | $34,400 | $37,200 | $39,950 | $42,700 | $45,450 |
| 80% of Median | $38,550 | $44,050 | $49,550 | $55,050 | $59,500 | $63,900 | $68,300 | $72,700 |
Low Income Housing Tax Credits in Allen County
The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.
From 1987 to 2012, 57 low income apartment communities containing 4,137 rental apartments have been constructed and made affordable to low income persons in Allen County 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 Allen County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 60% of Median | $28,920 | $33,060 | $37,200 | $41,280 | $44,640 | $47,940 | $51,240 | $54,540 |
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 Allen County is $37,200 a year, or $3,100 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,100 by 30% to get a maximum rent of $930 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% | $603 | $646 | $775 | $895 | $999 | $1,102 |
| 60% | $723 | $775 | $930 | $1,074 | $1,199 | $1,322 |
Fair Market Rents in Allen County
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.
2019 Fair Market Rents
| Studio | One BR | Two BR | Three BR | Four BR |
|---|---|---|---|---|
| $518 | $615 | $778 | $1,002 | $1,098 |
Cities In Allen County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Listings | Served By |
|---|---|---|
| Fort Wayne | 60 | The HUD funded Public Housing Agency that serves Fort Wayne is the Fort Wayne Housing Authority. |
| Garrett | 4 | |
| Waterloo | 0 | The HUD funded Public Housing Agency that serves Waterloo is the Brightpoint. |
| Westville | 3 | The HUD funded Public Housing Agency that serves Westville is the Brightpoint. |
| Butler | 1 | The HUD funded Public Housing Agency that serves Butler is the Brightpoint. |
| Ashley | 2 | The HUD funded Public Housing Agency that serves Ashley is the Brightpoint. |
| Auburn | 9 | The HUD funded Public Housing Agency that serves Auburn is the Brightpoint. |
| New Haven | 2 | The HUD funded Public Housing Agency that serves New Haven is the Brightpoint. |
| Kingsford Heights | 2 | The HUD funded Public Housing Agency that serves Kingsford Heights is the Brightpoint. |
| Monroeville | 1 | The HUD funded Public Housing Agency that serves Monroeville is the Brightpoint. |
| Hamilton | 1 | The HUD funded Public Housing Agency that serves Hamilton is the Brightpoint. |
| Grabill | 0 | The HUD funded Public Housing Agency that serves Grabill is the Brightpoint. |
| Woodburn | 1 | The HUD funded Public Housing Agency that serves Woodburn is the Brightpoint. |
| Harlan | 0 | The HUD funded Public Housing Agency that serves Harlan is the Brightpoint. |
| Hoagland | 0 | The HUD funded Public Housing Agency that serves Hoagland is the Brightpoint. |
| Huntertown | 1 | The HUD funded Public Housing Agency that serves Huntertown is the Brightpoint. |
| Leo Cedarville | 0 | The HUD funded Public Housing Agency that serves Leo Cedarville is the Brightpoint. |
| Zanesville | 0 | The HUD funded Public Housing Agency that serves Zanesville is the Brightpoint. |
| Leo-Cedarville | 0 | The HUD funded Public Housing Agency that serves Leo-Cedarville is the Brightpoint. |
