Affordable Housing In Garfield
Bergen County, New Jersey

4 Low Income Apartment Communities In Garfield

Gen Pulaski Court

1 Spring Garden Ln
Garfield, NJ

Garfield Senior Housing Program 471

15 Commerce St
Garfield, NJ
HCV Welcome

Belmont Garden

377 Midland Ave
Garfield, NJ

Golden Tws

225 Midland Ave
Garfield, NJ
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Housing Authorities that serve Garfield

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

Guide To Affordable Housing in Garfield, New Jersey

According to federal housing data and research, there are 4 low income housing apartment communities offering 528 affordable apartments for rent in Garfield, New Jersey. Garfield features 456 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 72 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Garfield.

Garfield, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 528
Total Housing Units with Rental Assistance 456
Percentage of Housing Units Occupied By Renters 63.27%
Average Renter Household Size 2.74
Average Household Size 2.87
Median Household Income $45,469 ±$2,704
Median Rent $1,203 ±$25
Percentage Of Renters Overburdened 56.97% ± 5.08pp
Total Population 31,265

Population and Household Demographics

Garfield is a City in Bergen County, New Jersey with a population of 31,265. There are 10,875 households in the city with an average household size of 2.87 persons. 63.27% of households in Garfield are renters.

Income and Rent Overburden in Garfield

The median gross income for households in Garfield is $45,469 a year, or $3,789 a month. The median rent for the city is $1,203 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Garfield, a household making less than $4,010 a month would be considered overburdened when renting an apartment at or above the median rent. 56.97% of households who rent are overburdened in Garfield.1

Area Median Income In Garfield

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 Garfield, the AMI is calculated from all households within Bergen County.

In Garfield, HUD calculates the Area Median Income for a family of four as $106,600

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 Garfield

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 Garfield HUD Rental Assistance in Garfield

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $22,400 $25,600 $28,800 $32,000 $34,600 $37,150 $39,700 $43,430
50% of Median $37,350 $42,650 $48,000 $53,300 $57,600 $61,850 $66,100 $70,400
80% of Median $52,850 $60,400 $67,950 $75,500 $81,550 $87,600 $93,650 $99,700
Low Income Housing Tax Credits in Garfield

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

From 1998 to 1998, 1 low income apartment communities containing 144 rental apartments have been constructed and made affordable to low income persons in Garfield 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 Garfield

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $37,350 $42,650 $48,000 $53,300 $57,600 $61,850 $66,100 $70,400
60% of Median $44,820 $51,180 $57,600 $63,960 $69,120 $74,220 $79,320 $84,480

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 Garfield is $57,600 a year, or $4,800 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,800 by 30% to get a maximum rent of $1,440 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% $934 $1,000 $1,200 $1,386 $1,546 $1,706
60% $1,121 $1,200 $1,440 $1,664 $1,856 $2,048
Fair Market Rents in Garfield

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
$1,151 $1,377 $1,623 $2,023 $2,481