Affordable Housing In Midway
Woodford County, Kentucky

Waiting List Openings In Midway

Multi-County, KY Section 8 HCV Waiting List

The Kentucky Housing Corporation (KHA) will accept Section 8 Housing Choice Voucher waiting list applications from January 3, 2022 at 9:00 am, until January 31, 2022 at 5:00 pm ET.

How to Apply for the Multi-County, KY Section 8 HCV Waiting List.

1 Low Income Apartment Communities In Midway

Midway School Apartments

510 S Winter St
Midway, Kentucky
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Section 8 Vouchers, Apartments, and Waiting Lists in Midway, Kentucky

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Midway, Kentucky

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

Guide To Affordable Housing in Midway, Kentucky

There are 1 low income housing apartment communities offering 24 affordable apartments for rent in Midway, Kentucky.

Income Based Apartments in Midway, Kentucky

Midway 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 Midway, Kentucky

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Midway.

Housing Choice Vouchers in Midway, Kentucky

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Midway, Kentucky for a two-bedroom apartment is between $821 and $1,003.

2022 Midway, 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
Midway, Kentucky Fair Market Rent $632 $741 $912 $1,256 $1,496
Midway, Kentucky Payment Standard Range $569 to $695 $667 to $815 $821 to $1,003 $1,130 to $1,382 $1,346 to $1,646

Sourced from federal housing data and AffordableHousingOnline.com research.

Midway, KY Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 24
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 31.05%
Average Renter Household Size 2.24
Average Household Size 2.35
Median Household Income $52,117 ±$4,063
Median Rent $818 ±$63
Percentage Of Renters Overburdened 36.27% ± 15.38pp
Total Population 1,733

Population and Household Demographics

Midway is a city in Woodford County, Kentucky with a population of 1,733. There are 657 households in the city with an average household size of 2.35 persons. 31.05% of households in Midway are renters.

Income and Rent Overburden in Midway

The median gross income for households in Midway is $52,117 a year, or $4,343 a month. The median rent for the city is $818 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Midway, a household making less than $2,727 a month would be considered overburdened when renting an apartment at or above the median rent. 36.27% of households who rent are overburdened in Midway.

Area Median Income In Midway

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 Midway, the AMI is calculated from all households within Woodford County.

In Midway, HUD calculates the Area Median Income for a family of four as $75,500

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 Midway

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 Midway

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30% AMI Income Limits
Renters earning up to 30% of the Midway AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,900 $18,150 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Midway AMI may qualify for rental assistance programs that target Very Low Income households.
$26,450 $30,200 $34,000 $37,750 $40,800 $43,800 $46,850 $49,850
80% AMI Income Limits
Renters earning up to 80% of the Midway AMI may qualify for rental assistance programs that target Low Income households.
$42,300 $48,350 $54,400 $60,400 $65,250 $70,100 $74,900 $79,750