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Affordable Housing In Denville
Morris County, New Jersey

3 Low Income Apartment Communities In Denville

Cooks Pond

455 Diamond Spring Rd
Denville, New Jersey
Accepts Vouchers

Madison Denville

405 Diamond Spring Rd
Denville, New Jersey
Accepts Vouchers

Peer Place

60 Peer Pl
Denville, New Jersey
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Housing Authorities that serve Denville

Housing Authority Programs
Morris County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
State of New Jersey Department of Community Affairs Section 8 Housing Choice Voucher (HCV)
Housing Authority Town of Dover Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Denville, New Jersey

There are 3 low income housing apartment communities offering 197 affordable apartments for rent in Denville, New Jersey.

Income Based Apartments in Denville, New Jersey

Denville features 57 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 Denville, New Jersey

There are 140 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Denville.

Housing Choice Vouchers in Denville, New Jersey

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Denville, New Jersey for a two-bedroom apartment is between $1,335 and $1,631.

2020 Denville, New Jersey 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 $1,034 $1,218 $1,483 $1,891 $2,236
Payment Standard Range $931 to $1,137 $1,096 to $1,340 $1,335 to $1,631 $1,702 to $2,080 $2,012 to $2,460

Sourced from federal housing data and AffordableHousingOnline.com research.

Denville, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 197
Total Housing Units with Rental Assistance 57
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

Denville is a city in Morris County, New Jersey with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Denville are renters.

Income and Rent Overburden in Denville

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

Area Median Income In Denville

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 Denville, the AMI is calculated from all households within Morris County.

In Denville, HUD calculates the Area Median Income for a family of four as $106,000

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 Denville

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 Denville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $22,300 $25,450 $28,650 $31,800 $34,350 $36,900 $39,640 $44,120
50% of Median $37,100 $42,400 $47,700 $53,000 $57,250 $61,500 $65,750 $70,000
80% of Median $54,950 $62,800 $70,650 $78,500 $84,800 $91,100 $97,350 $103,650