Affordable Housing In Hutchins
Hancock County, Iowa

Housing Authorities that serve Hutchins

Housing Authority Programs
North Iowa Regional Housing Authority Public Housing

Guide To Affordable Housing in Hutchins, Iowa

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Hutchins, Iowa.

Income Based Apartments in Hutchins, Iowa

Hutchins features 0 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 Hutchins, Iowa

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

Housing Choice Vouchers in Hutchins, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Hutchins, Iowa for a two-bedroom apartment is between $618 and $756.

2020 Hutchins, Iowa 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
Fair Market Rent $497 $546 $687 $873 $1,146
Payment Standard Range $447 to $547 $491 to $601 $618 to $756 $786 to $960 $1,031 to $1,261

Sourced from federal housing data and AffordableHousingOnline.com research.

Hutchins, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 1.83
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 11

Population and Household Demographics

Hutchins is a City in Hancock County, Iowa with a population of 11. There are 6 households in the city with an average household size of 1.83 persons. % of households in Hutchins are renters.

Income and Rent Overburden in Hutchins

The median gross income for households in Hutchins is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Hutchins

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 Hutchins, the AMI is calculated from all households within Hancock County.

In Hutchins, HUD calculates the Area Median Income for a family of four as $70,200

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 Hutchins

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 Hutchins HUD Rental Assistance in Hutchins

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,750 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,600 $28,100 $31,600 $35,100 $37,950 $40,750 $43,550 $46,350
80% of Median $39,350 $44,950 $50,550 $56,150 $60,650 $65,150 $69,650 $74,150