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Affordable Housing In Danville
Boyle County, Kentucky

7 Low Income Apartment Communities In Danville

Long Run Apartments

301 N Hill N Dale St
Danville, Kentucky
Subsidized

Parkside East Apartments

351 Holtzclaw Street
Danville, Kentucky
Subsidized

Patchen Pointe Apartments

200 Walker Court
Danville, Kentucky
Subsidized

Latimer Heights

651 W Lexington Ave
Danville, Kentucky

Arnold Towers

301 Nichols Ter
Danville, Kentucky

The Village Apartments

104 Mcclure Dr
Danville, Kentucky

Shaker Point Apts

100 Shakerpoint Dr
Danville, Kentucky
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Housing Authorities that serve Danville

Housing Authority Programs
Housing Authority of Danville Public Housing
Danville Community Development Agency Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Danville, Kentucky

There are 7 low income housing apartment communities offering 450 affordable apartments for rent in Danville, Kentucky.

Income Based Apartments in Danville, Kentucky

Danville features 364 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 Danville, Kentucky

There are 86 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Danville.

Housing Choice Vouchers in Danville, Kentucky

On average, Section 8 Housing Choice vouchers pay Danville landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Danville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Danville, Kentucky for a two-bedroom apartment is between $642 and $784.

2020 Danville, Kentucky 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 $507 $541 $713 $974 $1,165
Payment Standard Range $456 to $558 $487 to $595 $642 to $784 $877 to $1,071 $1,049 to $1,282

Sourced from federal housing data and AffordableHousingOnline.com research.

Danville, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 450
Total Housing Units with Rental Assistance 364
Percentage of Housing Units Occupied By Renters 43.73%
Average Renter Household Size 2.15
Average Household Size 2.26
Median Household Income $37,311 ±$3,838
Median Rent $634 ±$30
Percentage Of Renters Overburdened 47.54% ± 8.02pp
Total Population 16,542

Population and Household Demographics

Danville is a city in Boyle County, Kentucky with a population of 16,542. There are 6,417 households in the city with an average household size of 2.26 persons. 43.73% of households in Danville are renters.

Income and Rent Overburden in Danville

The median gross income for households in Danville is $37,311 a year, or $3,109 a month. The median rent for the city is $634 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Danville, a household making less than $2,113 a month would be considered overburdened when renting an apartment at or above the median rent. 47.54% of households who rent are overburdened in Danville.

Area Median Income In Danville

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 Danville, the AMI is calculated from all households within Boyle County.

In Danville, HUD calculates the Area Median Income for a family of four as $58,600

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 Danville

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 Danville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,760 $17,240 $21,720 $26,200 $30,680 $34,000 $36,350 $38,700
50% of Median $20,550 $23,450 $26,400 $29,300 $31,650 $34,000 $36,350 $38,700
80% of Median $32,850 $37,550 $42,250 $46,900 $50,700 $54,450 $58,200 $61,950