Affordable Housing In Manchester
3 Low Income Apartment Communities In Manchester
Housing Authorities that serve Manchester
|Ann Arbor Housing Commission||Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Moving to Work; Section 8 Project-Based Voucher (PBV); Mainstream Voucher; Rental Assistance Demonstration (RAD)|
Guide To Affordable Housing in Manchester, Michigan
There are 3 low income housing apartment communities offering 80 affordable apartments for rent in Manchester, Michigan. Manchester features 0 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 80 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Manchester.
Sourced from federal housing data and AffordableHousingOnline.com research.
Manchester, MI Affordable Housing Snapshot
|Total Affordable Apartment Properties||3|
|Total Low Income Apartments||80|
|Total Housing Units with Rental Assistance||0|
|Percentage of Housing Units Occupied By Renters||27.13%|
|Average Renter Household Size||2.14|
|Average Household Size||2.44|
|Median Household Income||$46,739 ±$7,072|
|Median Rent||$631 ±$100|
|Percentage Of Renters Overburdened||56.36% ± 14.68pp|
Population and Household Demographics
Manchester is a City in Washtenaw County, Michigan with a population of 2,124. There are 870 households in the city with an average household size of 2.44 persons. 27.13% of households in Manchester are renters.
Income and Rent Overburden in Manchester
The median gross income for households in Manchester is $46,739 a year, or $3,895 a month. The median rent for the city is $631 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Manchester, a household making less than $2,103 a month would be considered overburdened when renting an apartment at or above the median rent. 56.36% of households who rent are overburdened in Manchester.1
Area Median Income In Manchester
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 Manchester, the AMI is calculated from all households within Washtenaw County.
In Manchester, HUD calculates the Area Median Income for a family of four as $101,200
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 Manchester
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 Manchester HUD Rental Assistance in Manchester
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$21,250||$24,300||$27,350||$30,350||$32,800||$35,250||$39,010||$43,430|
|50% of Median||$35,450||$40,500||$45,550||$50,600||$54,650||$58,700||$62,750||$66,800|
|80% of Median||$52,850||$60,400||$67,950||$75,500||$81,550||$87,600||$93,650||$99,700|
Fair Market Rents in Manchester
Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.
2020 Fair Market Rents
|Studio||One BR||Two BR||Three BR||Four BR|