Affordable Housing In Alger County
Michigan

3 Low Income Apartment Communities In Alger County

Housing Authorities that serve Alger County

Housing Authority	Programs
Michigan State Housing Development Authority	Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV)

Guide To Affordable Housing in Alger County, Michigan

There are 3 low income housing apartment communities offering 101 affordable apartments for rent in Alger County, Michigan.

Income Based Apartments in Alger County, Michigan

Alger County features 101 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 Alger County, Michigan

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

Housing Choice Vouchers in Alger County, Michigan

On average, Section 8 Housing Choice vouchers pay Alger County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Alger County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Alger County, Michigan for a two-bedroom apartment is between $661 and $807.

2021 Alger County, Michigan 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
Alger County, Michigan Fair Market Rent	$503	$591	$734	$913	$1,040
Alger County, Michigan Payment Standard Range	$453 to $553	$532 to $650	$661 to $807	$822 to $1,004	$936 to $1,144

Sourced from federal housing data and AffordableHousingOnline.com research.

Alger County, MI Affordable Housing Snapshot

Total Affordable Apartment Properties	3
Total Low Income Apartments	101
Total Housing Units with Rental Assistance	101
Percentage of Housing Units Occupied By Renters	14.21%
Average Renter Household Size	2.41
Average Household Size	2.43
Median Household Income	$39,300 ±$3,165
Median Rent	$595 ±$46
Percentage Of Renters Overburdened	45.44% ± 11.37pp
Total Population	9,476

Population and Household Demographics

Alger County is a county in Michigan with a population of 9,476. There are 3,470 households in the county with an average household size of 2.43 persons. 14.21% of households in Alger County are renters.

Income and Rent Overburden in Alger County

The median gross income for households in Alger County is $39,300 a year, or $3,275 a month. The median rent for the county is $595 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Alger County, a household making less than $1,983 a month would be considered overburdened when renting an apartment at or above the median rent. 45.44% of households who rent are overburdened in Alger County.

Area Median Income In Alger 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 Alger County, HUD calculates the Area Median Income for a family of four as $61,500

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 Alger 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 Alger 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 Alger County AMI may qualify for rental assistance programs that target Extremely Low Income households.	$13,550	$17,420	$21,960	$26,500	$31,040	$35,580	$40,000	$42,600
50% AMI Income Limits Renters earning up to 50% of the Alger County AMI may qualify for rental assistance programs that target Very Low Income households.	$22,600	$25,800	$29,050	$32,250	$34,850	$37,450	$40,000	$42,600
80% AMI Income Limits Renters earning up to 80% of the Alger County AMI may qualify for rental assistance programs that target Low Income households.	$36,150	$41,300	$46,450	$51,600	$55,750	$59,900	$64,000	$68,150