Affordable Housing In Luce County
2 Low Income Apartment Communities In Luce County
Housing Authorities that serve Luce County
|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)|
|Luce County Housing Commission||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Luce County, Michigan
There are 2 low income housing apartment communities offering 40 affordable apartments for rent in Luce County, Michigan.
Income Based Apartments in Luce County, Michigan
Luce County features 40 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 Luce County, Michigan
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Luce County.
Housing Choice Vouchers in Luce County, Michigan
On average, Section 8 Housing Choice vouchers pay Luce County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Luce County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Luce County, Michigan for a two-bedroom apartment is between $661 and $807.
2021 Luce 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|
|Luce County, Michigan Fair Market Rent||$503||$619||$734||$996||$1,013|
|Luce County, Michigan Payment Standard Range||$453 to $553||$557 to $681||$661 to $807||$896 to $1,096||$912 to $1,114|
Sourced from federal housing data and AffordableHousingOnline.com research.
Luce County, MI Affordable Housing Snapshot
|Total Affordable Apartment Properties||2|
|Total Low Income Apartments||40|
|Total Housing Units with Rental Assistance||40|
|Percentage of Housing Units Occupied By Renters||24.48%|
|Average Renter Household Size||2.25|
|Average Household Size||2.27|
|Median Household Income||$37,088 ±$2,847|
|Median Rent||$606 ±$38|
|Percentage Of Renters Overburdened||41.07% ± 8.91pp|
Population and Household Demographics
Luce County is a county in Michigan with a population of 6,477. There are 2,377 households in the county with an average household size of 2.27 persons. 24.48% of households in Luce County are renters.
Income and Rent Overburden in Luce County
The median gross income for households in Luce County is $37,088 a year, or $3,091 a month. The median rent for the county is $606 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Luce County, a household making less than $2,020 a month would be considered overburdened when renting an apartment at or above the median rent. 41.07% of households who rent are overburdened in Luce County.
Area Median Income In Luce 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 Luce County, HUD calculates the Area Median Income for a family of four as $57,100
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 Luce 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 Luce 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 Luce 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 Luce 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 Luce County AMI may qualify for rental assistance programs that target Low Income households.
Cities In Luce County
Select A City to View its Apartment Communities and Waiting Lists.
|Columbus||The HUD funded Public Housing Agencies that serve Columbus are the Michigan State Housing Development Authority and Luce County Housing Commission.|
|Lakefield||The HUD funded Public Housing Agencies that serve Lakefield are the Michigan State Housing Development Authority and Luce County Housing Commission.|
|McMillan||The HUD funded Public Housing Agencies that serve McMillan are the Michigan State Housing Development Authority and Luce County Housing Commission.|
|Newberry||The HUD funded Public Housing Agencies that serve Newberry are the Luce County Housing Commission and Michigan State Housing Development Authority.|
|Pentland||The HUD funded Public Housing Agencies that serve Pentland are the Michigan State Housing Development Authority and Luce County Housing Commission.|