Affordable Housing In Hammond
Lake County, Indiana

12 Low Income Apartment Communities In Hammond

Saxony Townhomes

1349 175th St
Hammond, IN
Call For Rent
2-4 BR
HCV Welcome

Golden Manor Apartments

1201 175th St
Hammond, IN
Call For Rent
1 BR
HCV Welcome

Mt. Zion Pleasantview Apartments

940 Kenwood Street
Hammond, IN
Elderly Supportive Housing

Renaissance Towers

524 Michigan St
Hammond, IN

Hammond Elderly Apartments

5111 Sohl Ave
Hammond, IN

584 Sibley

584 Sibley St
Hammond, IN
HCV Welcome

Columbia Center

7332 Columbia Cir W
Hammond, IN

Turner Park

4935 Towle Ct
Hammond, IN

136 1 2 Sibley Partnership

237 Highland St
Hammond, IN
HCV Welcome

American Heartland Homes One

1402 173rd St
Hammond, IN
HCV Welcome

There are 12 low income housing apartment complexes which contain 1,529 affordable apartments for rent in Hammond. Many of these rental apartments are income based housing with 1,010 apartments that set rent based on your income. In Hammond, HUD housing programs support 600 rental assistance apartments through programs like Project-based Section 8. There are 519 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Hammond

Housing Authority Programs
Hammond Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-sufficiency

Guide To Affordable Housing in Hammond, Indiana

Hammond, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 1,529
Total Rent Assisted Apartments 1,010
Percentage of Housing Units Occupied By Renters 38.48%
Average Renter Household Size 2.64
Total Population 78,983
Housing Units 28,282
Average Household Size 2.76
Median Household Income $39,576 ±$1,527
Median Rent $828 ±$22
Percentage Of Renters Overburdened 50.51% ± 3.27pp

Population and Household Demographics

Hammond is a City in Lake County, Indiana with a population of 78,983. There are 28,282 households in the city with an average household size of 2.76 persons. 38.48% of households in Hammond are renters.

Income and Rent Overburden in Hammond

The median gross income for households in Hammond is $39,576 a year, or $3,298 a month. The median rent for the city is $828 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hammond, a household making less than $2,760 a month would be considered overburdened when renting an apartment at or above the median rent. 50.51% of households who rent are overburdened in Hammond.1

Area Median Income In Hammond

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 Hammond, the AMI is calculated from all households within Lake County.

In Hammond, HUD calculates the Area Median Income for a family of four as $72,800

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 Hammond

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 Hammond HUD Rental Assistance in Hammond

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,300 $17,500 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,500 $29,150 $32,800 $36,400 $39,350 $42,250 $45,150 $48,050
80% of Median $40,800 $46,600 $52,450 $58,250 $62,950 $67,600 $72,250 $76,900
Low Income Housing Tax Credits in Hammond

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1989 to 2011, 5 low income apartment communities containing 451 rental apartments have been constructed and made affordable to low income persons in Hammond 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 Hammond

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $25,500 $29,150 $32,800 $36,400 $39,350 $42,250 $45,150 $48,050
60% of Median $30,600 $34,980 $39,360 $43,680 $47,220 $50,700 $54,180 $57,660

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 Hammond is $39,360 a year, or $3,280 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,280 by 30% to get a maximum rent of $984 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% $638 $683 $820 $947 $1,056 $1,165
60% $765 $820 $984 $1,136 $1,268 $1,398
Fair Market Rents in Hammond

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
$590 $751 $919 $1,164 $1,285