Affordable Housing In Collins
McLeod County, Minnesota

Housing Authorities that serve Collins

Housing Authority	Programs
Kandiyohi County Housing and Redevelopment Authority	Section 8 Housing Choice Voucher (HCV); Public Housing
McLeod County Housing and Redevelopment Authority	Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Collins, Minnesota

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Collins, Minnesota.

Income Based Apartments in Collins, Minnesota

Collins features 0 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 Collins, Minnesota

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Collins.

Housing Choice Vouchers in Collins, Minnesota

On average, Section 8 Housing Choice vouchers pay Collins landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Collins.

The maximum amount a voucher would pay on behalf of a low-income tenant in Collins, Minnesota for a two-bedroom apartment is between $672 and $822.

2021 Collins, Minnesota 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
Collins, Minnesota Fair Market Rent	$493	$567	$747	$1,069	$1,284
Collins, Minnesota Payment Standard Range	$444 to $542	$510 to $624	$672 to $822	$962 to $1,176	$1,156 to $1,412

Sourced from federal housing data and AffordableHousingOnline.com research.

Collins, MN Affordable Housing Snapshot

Total Affordable Apartment Properties	0
Total Low Income Apartments	0
Total Housing Units with Rental Assistance	0
Percentage of Housing Units Occupied By Renters	%
Average Renter Household Size	0.00
Average Household Size	0.00
Median Household Income	$0 ±$0
Median Rent	$0 ±$0
Total Population	0

Population and Household Demographics

Collins is a city in McLeod County, Minnesota with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Collins are renters.

Income and Rent Overburden in Collins

The median gross income for households in Collins is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Collins

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 Collins, the AMI is calculated from all households within McLeod County.

In Collins, HUD calculates the Area Median Income for a family of four as $76,400

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 Collins

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 Collins

	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 Collins AMI may qualify for rental assistance programs that target Extremely Low Income households.	$16,050	$18,350	$21,720	$26,200	$30,680	$35,160	$39,640	$44,120
50% AMI Income Limits Renters earning up to 50% of the Collins AMI may qualify for rental assistance programs that target Very Low Income households.	$26,750	$30,600	$34,400	$38,200	$41,300	$44,350	$47,400	$50,450
80% AMI Income Limits Renters earning up to 80% of the Collins AMI may qualify for rental assistance programs that target Low Income households.	$42,800	$48,900	$55,000	$61,100	$66,000	$70,900	$75,800	$80,700