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Affordable Housing In Hawesville
Hancock County, Kentucky

2 Low Income Apartment Communities In Hawesville

Riverhill Apts

259 Jennings Street
Hawesville, Kentucky

Hancock Manor Apts

520 Main Street
Hawesville, Kentucky
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Housing Authorities that serve Hawesville

Housing Authority Programs
Kentucky Housing Corporation Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Hawesville, Kentucky

There are 2 low income housing apartment communities offering 28 affordable apartments for rent in Hawesville, Kentucky.

Income Based Apartments in Hawesville, Kentucky

Hawesville features 28 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 Hawesville, Kentucky

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

Housing Choice Vouchers in Hawesville, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Hawesville, Kentucky for a two-bedroom apartment is between $708 and $866.

2020 Hawesville, 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 $565 $605 $787 $1,027 $1,107
Payment Standard Range $509 to $622 $545 to $666 $708 to $866 $924 to $1,130 $996 to $1,218

Sourced from federal housing data and AffordableHousingOnline.com research.

Hawesville, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 28
Total Housing Units with Rental Assistance 28
Percentage of Housing Units Occupied By Renters 42.15%
Average Renter Household Size 2.33
Average Household Size 2.42
Median Household Income $42,865 ±$12,108
Median Rent $520 ±$24
Percentage Of Renters Overburdened 34.44% ± 15.18pp
Total Population 1,033

Population and Household Demographics

Hawesville is a city in Hancock County, Kentucky with a population of 1,033. There are 427 households in the city with an average household size of 2.42 persons. 42.15% of households in Hawesville are renters.

Income and Rent Overburden in Hawesville

The median gross income for households in Hawesville is $42,865 a year, or $3,572 a month. The median rent for the city is $520 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hawesville, a household making less than $1,733 a month would be considered overburdened when renting an apartment at or above the median rent. 34.44% of households who rent are overburdened in Hawesville.

Area Median Income In Hawesville

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

In Hawesville, HUD calculates the Area Median Income for a family of four as $63,400

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 Hawesville

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 Hawesville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,700 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $43,000
50% of Median $22,800 $26,050 $29,300 $32,550 $35,200 $37,800 $40,400 $43,000
80% of Median $36,500 $41,700 $46,900 $52,100 $56,300 $60,450 $64,650 $68,800