Affordable Housing In Genesee County
84 Low Income Apartment Communities In Genesee County
Housing Authorities that serve Genesee County
|Flint Housing Commission||Section 8 Housing Choice Voucher (HCV); Public Housing|
|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 Genesee County, Michigan
There are 84 low income housing apartment communities offering 8,640 affordable apartments for rent in Genesee County, Michigan.
Income Based Apartments in Genesee County, Michigan
Genesee County features 4,326 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 Genesee County, Michigan
There are 3,816 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Genesee County.
Housing Choice Vouchers in Genesee County, Michigan
On average, Section 8 Housing Choice vouchers pay Genesee County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Genesee County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Genesee County, Michigan for a two-bedroom apartment is between $704 and $860.
2021 Genesee 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|
|Genesee County, Michigan Fair Market Rent||$516||$609||$782||$1,002||$1,063|
|Genesee County, Michigan Payment Standard Range||$464 to $568||$548 to $670||$704 to $860||$902 to $1,102||$957 to $1,169|
Sourced from federal housing data and AffordableHousingOnline.com research.
Genesee County, MI Affordable Housing Snapshot
|Total Affordable Apartment Properties||84|
|Total Low Income Apartments||8,640|
|Total Housing Units with Rental Assistance||4,326|
|Percentage of Housing Units Occupied By Renters||30.52%|
|Average Renter Household Size||2.34|
|Average Household Size||2.48|
|Median Household Income||$42,327 ±$575|
|Median Rent||$715 ±$9|
|Percentage Of Renters Overburdened||51.78% ± 1.52pp|
Population and Household Demographics
Genesee County is a county in Michigan with a population of 415,874. There are 165,268 households in the county with an average household size of 2.48 persons. 30.52% of households in Genesee County are renters.
Income and Rent Overburden in Genesee County
The median gross income for households in Genesee County is $42,327 a year, or $3,527 a month. The median rent for the county is $715 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Genesee County, a household making less than $2,383 a month would be considered overburdened when renting an apartment at or above the median rent. 51.78% of households who rent are overburdened in Genesee County.
Area Median Income In Genesee 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 Genesee County, HUD calculates the Area Median Income for a family of four as $65,600
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 Genesee 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 Genesee 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 Genesee 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 Genesee 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 Genesee County AMI may qualify for rental assistance programs that target Low Income households.
Cities In Genesee County
Select A City to View its Apartment Communities and Waiting Lists.