Affordable Housing In Dixon
Pulaski County, Missouri

3 Low Income Apartment Communities In Dixon

Forrest View Vix Apartments

501 Forrest View Rd
Dixon, MO
Subsidized

205 East Tenth St, Bldgs A1 -

205 E 10th St
Dixon, MO
HCV Welcome

Dixon Manor

103 W Chestnut St
Dixon, MO
Subsidized
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Housing Authorities that serve Dixon

Housing Authority Programs
Pulaski County Public Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Dixon, Missouri

According to federal housing data and AffordableHousingOnline.com research, there are 3 low income housing apartment communities offering 396 affordable apartments for rent in Dixon, Missouri. Dixon features 384 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 12 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Dixon.

Dixon, MO Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 396
Total Housing Units with Rental Assistance 384
Percentage of Housing Units Occupied By Renters 51.84%
Average Renter Household Size 3.15
Average Household Size 2.84
Median Household Income $30,313 ±$6,355
Median Rent $634 ±$70
Percentage Of Renters Overburdened 41.73% ± 12.31pp
Total Population 1,443

Population and Household Demographics

Dixon is a City in Pulaski County, Missouri with a population of 1,443. There are 490 households in the city with an average household size of 2.84 persons. 51.84% of households in Dixon are renters.

Income and Rent Overburden in Dixon

The median gross income for households in Dixon is $30,313 a year, or $2,526 a month. The median rent for the city is $634 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Dixon, a household making less than $2,113 a month would be considered overburdened when renting an apartment at or above the median rent. 41.73% of households who rent are overburdened in Dixon.1

Area Median Income In Dixon

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 Dixon, the AMI is calculated from all households within Pulaski County.

In Dixon, HUD calculates the Area Median Income for a family of four as $59,900

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 Dixon

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 Dixon HUD Rental Assistance in Dixon

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,600 $16,910 $21,330 $25,750 $30,170 $34,590 $37,150 $39,550
50% of Median $21,000 $24,000 $27,000 $29,950 $32,350 $34,750 $37,150 $39,550
80% of Median $33,550 $38,350 $43,150 $47,900 $51,750 $55,600 $59,400 $63,250
Low Income Housing Tax Credits in Dixon

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 1992, 2 low income apartment communities containing 28 rental apartments have been constructed and made affordable to low income persons in Dixon by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Dixon

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $21,000 $24,000 $27,000 $29,950 $32,350 $34,750 $37,150 $39,550
60% of Median $25,200 $28,800 $32,400 $35,940 $38,820 $41,700 $44,580 $47,460

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Dixon is $32,400 a year, or $2,700 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,700 by 30% to get a maximum rent of $810 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $525 $563 $675 $779 $869 $959
60% $630 $675 $810 $935 $1,043 $1,151
Fair Market Rents in Dixon

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
$499 $636 $744 $1,073 $1,306