Affordable Housing In Maple Rapids
2 Low Income Apartment Communities In Maple Rapids
Housing Authorities that serve Maple Rapids
|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)|
|Housing Services Mid Michigan||Section 8 Housing Choice Voucher (HCV); Mainstream Voucher|
Guide To Affordable Housing in Maple Rapids, Michigan
There are 2 low income housing apartment communities offering 48 affordable apartments for rent in Maple Rapids, Michigan.
Income Based Apartments in Maple Rapids, Michigan
Maple Rapids features 24 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 Maple Rapids, Michigan
There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Maple Rapids.
Housing Choice Vouchers in Maple Rapids, Michigan
On average, Section 8 Housing Choice vouchers pay Maple Rapids landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Maple Rapids.
The maximum amount a voucher would pay on behalf of a low-income tenant in Maple Rapids, Michigan for a two-bedroom apartment is between $804 and $982.
2020 Maple Rapids, 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|
|Fair Market Rent||$682||$722||$893||$1,168||$1,280|
|Payment Standard Range||$614 to $750||$650 to $794||$804 to $982||$1,051 to $1,285||$1,152 to $1,408|
Sourced from federal housing data and AffordableHousingOnline.com research.
Maple Rapids, MI Affordable Housing Snapshot
|Total Affordable Apartment Properties||2|
|Total Low Income Apartments||48|
|Total Housing Units with Rental Assistance||24|
|Percentage of Housing Units Occupied By Renters||24.53%|
|Average Renter Household Size||2.89|
|Average Household Size||2.60|
|Median Household Income||$45,875 ±$5,894|
|Median Rent||$511 ±$57|
|Percentage Of Renters Overburdened||13.85% ± 31.25pp|
Population and Household Demographics
Maple Rapids is a City in Clinton County, Michigan with a population of 688. There are 265 households in the city with an average household size of 2.60 persons. 24.53% of households in Maple Rapids are renters.
Income and Rent Overburden in Maple Rapids
The median gross income for households in Maple Rapids is $45,875 a year, or $3,823 a month. The median rent for the city is $511 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Maple Rapids, a household making less than $1,703 a month would be considered overburdened when renting an apartment at or above the median rent. 13.85% of households who rent are overburdened in Maple Rapids.1
Area Median Income In Maple Rapids
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 Maple Rapids, the AMI is calculated from all households within Clinton County.
In Maple Rapids, HUD calculates the Area Median Income for a family of four as $74,300
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 Maple Rapids
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 Maple Rapids HUD Rental Assistance in Maple Rapids
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$15,650||$17,850||$21,330||$25,750||$30,170||$34,590||$39,010||$43,430|
|50% of Median||$26,050||$29,750||$33,450||$37,150||$40,150||$43,100||$46,100||$49,050|
|80% of Median||$41,650||$47,600||$53,550||$59,450||$64,250||$69,000||$73,750||$78,500|