Affordable Housing In Montmorency County
Michigan
Waiting List Openings In Montmorency County
Waiting List | Status |
---|---|
Michigan State Housing Development Authority Housing Choice Voucher | Open Soon |
1 Low Income Apartment Communities In Montmorency County
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Housing Authorities that serve Montmorency 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 Montmorency County, Michigan
There are 1 low income housing apartment communities offering 14 affordable apartments for rent in Montmorency County, Michigan.
Income Based Apartments in Montmorency County, Michigan
Montmorency County features 14 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 Montmorency County, Michigan
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Montmorency County.
Housing Choice Vouchers in Montmorency County, Michigan
On average, Section 8 Housing Choice vouchers pay Montmorency County landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Montmorency County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Montmorency County, Michigan for a two-bedroom apartment is between $661 and $807.
2021 Montmorency 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 | |
---|---|---|---|---|---|
Montmorency County, Michigan Fair Market Rent | $503 | $587 | $734 | $1,036 | $1,040 |
Montmorency County, Michigan Payment Standard Range | $453 to $553 | $528 to $646 | $661 to $807 | $932 to $1,140 | $936 to $1,144 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Montmorency County, MI Affordable Housing Snapshot
Total Affordable Apartment Properties | 1 |
---|---|
Total Low Income Apartments | 14 |
Total Housing Units with Rental Assistance | 14 |
Percentage of Housing Units Occupied By Renters | 14.47% |
Average Renter Household Size | 2.20 |
Average Household Size | 2.27 |
Median Household Income | $36,250 ±$1,815 |
Median Rent | $571 ±$38 |
Percentage Of Renters Overburdened | 49.07% ± 9.86pp |
Total Population | 9,401 |
Population and Household Demographics
Montmorency County is a county in Michigan with a population of 9,401. There are 4,070 households in the county with an average household size of 2.27 persons. 14.47% of households in Montmorency County are renters.
Income and Rent Overburden in Montmorency County
The median gross income for households in Montmorency County is $36,250 a year, or $3,021 a month. The median rent for the county is $571 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Montmorency County, a household making less than $1,903 a month would be considered overburdened when renting an apartment at or above the median rent. 49.07% of households who rent are overburdened in Montmorency County.
Area Median Income In Montmorency 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 Montmorency County, HUD calculates the Area Median Income for a family of four as $48,400
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 Montmorency 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 Montmorency County
1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person | |
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30% AMI Income Limits Renters earning up to 30% of the Montmorency County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$13,450 | $17,240 | $21,720 | $26,200 | $30,680 | $35,160 | $39,640 | $42,200 |
50% AMI Income Limits Renters earning up to 50% of the Montmorency County AMI may qualify for rental assistance programs that target Very Low Income households. |
$22,400 | $25,600 | $28,800 | $31,950 | $34,550 | $37,100 | $39,650 | $42,200 |
80% AMI Income Limits Renters earning up to 80% of the Montmorency County AMI may qualify for rental assistance programs that target Low Income households. |
$35,800 | $40,900 | $46,000 | $51,100 | $55,200 | $59,300 | $63,400 | $67,500 |
Cities In Montmorency County
Select A City to View its Apartment Communities and Waiting Lists.
City | Served By |
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Albert | The HUD funded Public Housing Agency that serves Albert is the Michigan State Housing Development Authority. |
Atlanta | The HUD funded Public Housing Agency that serves Atlanta is the Michigan State Housing Development Authority. |
Avery | The HUD funded Public Housing Agency that serves Avery is the Michigan State Housing Development Authority. |
Briley | The HUD funded Public Housing Agency that serves Briley is the Michigan State Housing Development Authority. |
Canada Creek Ranch | The HUD funded Public Housing Agency that serves Canada Creek Ranch is the Michigan State Housing Development Authority. |
Hillman | The HUD funded Public Housing Agency that serves Hillman is the Michigan State Housing Development Authority. |
Lewiston | The HUD funded Public Housing Agency that serves Lewiston is the Michigan State Housing Development Authority. |
Loud | The HUD funded Public Housing Agency that serves Loud is the Michigan State Housing Development Authority. |
Montmorency | The HUD funded Public Housing Agency that serves Montmorency is the Michigan State Housing Development Authority. |
Rust | The HUD funded Public Housing Agency that serves Rust is the Michigan State Housing Development Authority. |
Vienna | The HUD funded Public Housing Agency that serves Vienna is the Michigan State Housing Development Authority. |