Public Housing Agencies Serving Revere, 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.

Revere, Massachusetts Affordable Housing Data

Income Based Apartments in Revere, Massachusetts

Revere features 1,078 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 Revere, Massachusetts

There are 171 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Revere.

Housing Choice Vouchers in Revere, Massachusetts

On average, Section 8 Housing Choice vouchers pay Revere landlords $1,200 per month towards rent. The average voucher holder contributes $500 towards rent in Revere.

The maximum amount a voucher would pay on behalf of a low-income tenant in Revere, Massachusetts for a two-bedroom apartment is between $2,372 and $2,899.

2023 Revere, 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.

Sourced from federal housing data and AffordableHousingOnline.com research.

Revere, MA Affordable Housing Snapshot

Total Affordable Apartment Properties	14
Total Low Income Apartments	1,249
Total Housing Units with Rental Assistance	1,078
Percentage of Housing Units Occupied By Renters	50.68%
Average Renter Household Size	2.33
Average Household Size	2.58
Median Household Income	$50,886 ±$1,648
Median Rent	$1,187 ±$43
Percentage Of Renters Overburdened	51.86% ± 4.54pp
Total Population	53,095

Population and Household Demographics

Revere is a city in Suffolk County, Massachusetts with a population of 53,095. There are 20,486 households in the city with an average household size of 2.58 persons. 50.68% of households in Revere are renters.

Income and Rent Overburden in Revere

The median gross income for households in Revere is $50,886 a year, or $4,241 a month. The median rent for the city is $1,187 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Revere, a household making less than $3,957 a month would be considered overburdened when renting an apartment at or above the median rent. 51.86% of households who rent are overburdened in Revere.

Area Median Income In Revere

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 Revere, the AMI is calculated from all households within Suffolk County.

In Revere, HUD calculates the Area Median Income for a family of four as $149,300

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 Revere

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 Revere