Affordable Housing In Nantucket County
Waiting List Openings In Nantucket County
2 Low Income Apartment Communities In Nantucket County
Section 8 Vouchers, Apartments, and Waiting Lists in Nantucket County, Massachusetts
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 Nantucket County, Massachusetts
|Massachusetts Department of Housing and Community Development||Section 8 Housing Choice Voucher (HCV); Moving to Work|
Guide To Affordable Housing in Nantucket County, Massachusetts
There are 2 low income housing apartment communities offering 46 affordable apartments for rent in Nantucket County, Massachusetts.
Income Based Apartments in Nantucket County, Massachusetts
Nantucket County features 46 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 Nantucket County, Massachusetts
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Nantucket County.
Housing Choice Vouchers in Nantucket County, Massachusetts
On average, Section 8 Housing Choice vouchers pay Nantucket County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Nantucket County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Nantucket County, Massachusetts for a two-bedroom apartment is between $2,149 and $2,627.
2022 Nantucket County, Massachusetts 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|
|Nantucket County, Massachusetts Fair Market Rent||$1,587||$1,848||$2,388||$3,236||$3,438|
|Nantucket County, Massachusetts Payment Standard Range||$1,428 to $1,746||$1,663 to $2,033||$2,149 to $2,627||$2,912 to $3,560||$3,094 to $3,782|
Sourced from federal housing data and AffordableHousingOnline.com research.
Nantucket County, MA Affordable Housing Snapshot
|Total Affordable Apartment Properties||2|
|Total Low Income Apartments||46|
|Total Housing Units with Rental Assistance||46|
|Percentage of Housing Units Occupied By Renters||34.54%|
|Average Renter Household Size||2.57|
|Average Household Size||2.62|
|Median Household Income||$84,057 ±$7,361|
|Median Rent||$1,609 ±$244|
|Percentage Of Renters Overburdened||34.46% ± 9.56pp|
Population and Household Demographics
Nantucket County is a county in Massachusetts with a population of 10,556. There are 3,923 households in the county with an average household size of 2.62 persons. 34.54% of households in Nantucket County are renters.
Income and Rent Overburden in Nantucket County
The median gross income for households in Nantucket County is $84,057 a year, or $7,005 a month. The median rent for the county is $1,609 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Nantucket County, a household making less than $5,363 a month would be considered overburdened when renting an apartment at or above the median rent. 34.46% of households who rent are overburdened in Nantucket County.
Area Median Income In Nantucket County
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.
In Nantucket County, HUD calculates the Area Median Income for a family of four as $122,800
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 Nantucket County
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 Nantucket County
|1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% AMI Income Limits
Renters earning up to 30% of the Nantucket County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Nantucket County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Nantucket County AMI may qualify for rental assistance programs that target Low Income households.
Cities In Nantucket County
Select A City to View its Apartment Communities and Waiting Lists.
|Madaket||The HUD funded Public Housing Agency that serves Madaket is the Massachusetts Department of Housing and Community Development.|
|Nantucket||The HUD funded Public Housing Agency that serves Nantucket is the Massachusetts Department of Housing and Community Development.|
|Siasconset||The HUD funded Public Housing Agency that serves Siasconset is the Massachusetts Department of Housing and Community Development.|