Affordable Housing In Paw Paw
Van Buren County,
5 Low Income Apartment Communities In Paw Paw
Housing Authorities that serve Paw Paw
|Paw Paw Housing Commission||Rental Assistance Demonstration (RAD)|
|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 Paw Paw, Michigan
There are 5 low income housing apartment communities offering 281 affordable apartments for rent in Paw Paw, Michigan.
Income Based Apartments in Paw Paw, Michigan
Paw Paw features 200 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 Paw Paw, Michigan
There are 81 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Paw Paw.
Housing Choice Vouchers in Paw Paw, Michigan
On average, Section 8 Housing Choice vouchers pay Paw Paw landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Paw Paw.
The maximum amount a voucher would pay on behalf of a low-income tenant in Paw Paw, Michigan for a two-bedroom apartment is between $793 and $969.
2021 Paw Paw, 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|
|Paw Paw, Michigan Fair Market Rent||$617||$705||$881||$1,169||$1,259|
|Paw Paw, Michigan Payment Standard Range||$555 to $679||$635 to $776||$793 to $969||$1,052 to $1,286||$1,133 to $1,385|
Sourced from federal housing data and AffordableHousingOnline.com research.
Paw Paw, MI Affordable Housing Snapshot
|Total Affordable Apartment Properties||5|
|Total Low Income Apartments||281|
|Total Housing Units with Rental Assistance||200|
|Percentage of Housing Units Occupied By Renters||60.4%|
|Average Renter Household Size||2.36|
|Average Household Size||2.57|
|Median Household Income||$29,531 ±$7,878|
|Median Rent||$703 ±$67|
|Percentage Of Renters Overburdened||45.37% ± 14.18pp|
Population and Household Demographics
Paw Paw is a city in Van Buren County, Michigan with a population of 3,445. There are 1,288 households in the city with an average household size of 2.57 persons. 60.4% of households in Paw Paw are renters.
Income and Rent Overburden in Paw Paw
The median gross income for households in Paw Paw is $29,531 a year, or $2,461 a month. The median rent for the city is $703 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Paw Paw, a household making less than $2,343 a month would be considered overburdened when renting an apartment at or above the median rent. 45.37% of households who rent are overburdened in Paw Paw.
Area Median Income In Paw Paw
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 Paw Paw, the AMI is calculated from all households within Van Buren County.
In Paw Paw, HUD calculates the Area Median Income for a family of four as $77,400
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 Paw Paw
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 Paw Paw
|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 Paw Paw AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Paw Paw AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Paw Paw AMI may qualify for rental assistance programs that target Low Income households.