Affordable Housing In Junction City
Geary County,
Kansas
7 Low Income Apartment Communities In Junction City
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Housing Authorities that serve Junction City
| Housing Authority | Programs |
|---|---|
| Junction City Housing Authority | Public Housing |
Guide To Affordable Housing in Junction City, Kansas
There are 7 low income housing apartment communities offering 436 affordable apartments for rent in Junction City, Kansas. Junction City features 192 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 244 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Junction City.
Sourced from federal housing data and AffordableHousingOnline.com research.
Junction City, KS Affordable Housing Snapshot
| Total Affordable Apartment Properties | 7 |
|---|---|
| Total Low Income Apartments | 436 |
| Total Housing Units with Rental Assistance | 192 |
| Percentage of Housing Units Occupied By Renters | 53.92% |
| Average Renter Household Size | 2.48 |
| Average Household Size | 2.71 |
| Median Household Income | $44,203 ±$1,923 |
| Median Rent | $961 ±$47 |
| Percentage Of Renters Overburdened | 42.3% ± 6.03pp |
| Total Population | 24,823 |
Population and Household Demographics
Junction City is a City in Geary County, Kansas with a population of 24,823. There are 9,058 households in the city with an average household size of 2.71 persons. 53.92% of households in Junction City are renters.
Income and Rent Overburden in Junction City
The median gross income for households in Junction City is $44,203 a year, or $3,684 a month. The median rent for the city is $961 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Junction City, a household making less than $3,203 a month would be considered overburdened when renting an apartment at or above the median rent. 42.3% of households who rent are overburdened in Junction City.1
Area Median Income In Junction City
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 Junction City, the AMI is calculated from all households within Geary County.
In Junction City, HUD calculates the Area Median Income for a family of four as $52,700
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 Junction City
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 Junction City HUD Rental Assistance in Junction City
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% of Median | $12,950 | $16,910 | $21,330 | $25,750 | $30,170 | $34,590 | $38,150 | $40,600 |
| 50% of Median | $21,550 | $24,600 | $27,700 | $30,750 | $33,250 | $35,700 | $38,150 | $40,600 |
| 80% of Median | $34,450 | $39,400 | $44,300 | $49,200 | $53,150 | $57,100 | $61,050 | $64,950 |
Low Income Housing Tax Credits in Junction City
The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.
From 1991 to 2011, 8 low income apartment communities containing 764 rental apartments have been constructed and made affordable to low income persons in Junction City 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 Junction City
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 50% of Median | $21,550 | $24,600 | $27,700 | $30,750 | $33,250 | $35,700 | $38,150 | $40,600 |
| 60% of Median | $25,860 | $29,520 | $33,240 | $36,900 | $39,900 | $42,840 | $45,780 | $48,720 |
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 Junction City is $33,240 a year, or $2,770 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,770 by 30% to get a maximum rent of $831 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% | $539 | $577 | $693 | $800 | $893 | $984 |
| 60% | $647 | $692 | $831 | $960 | $1,071 | $1,181 |
Fair Market Rents in Junction City
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.
2020 Fair Market Rents
| Studio | One BR | Two BR | Three BR | Four BR |
|---|---|---|---|---|
| $724 | $729 | $960 | $1,353 | $1,685 |
