Low Income Apartments In Gloucester County
New Jersey
Low Income Apartments In Gloucester County
There are 42 low income housing apartment complexes which contain 3,162 affordable apartments for rent in Gloucester County, New Jersey. Many of these rental apartments are income based housing with about 1,546 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 750 Project-Based Section 8 subsidized apartments in Gloucester County. There are 1,373 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.
Housing Authorities that serve Gloucester County
| Housing Authority | Programs |
|---|---|
| Housing Authority of Gloucester County | Section 8 Housing Choice Voucher (HCV); Public Housing |
| State of New Jersey Department of Community Affairs | Section 8 Housing Choice Voucher (HCV) |
Other Housing Authorities located in Gloucester County
| Housing Authority | Programs |
|---|---|
| Glassboro Housing Authority | Section 8 Housing Choice Voucher (HCV); Rental Assistance Demonstration (RAD); Section 8 Project-Based Voucher (PBV) |
Guide To Affordable Housing in Gloucester County, New Jersey
Gloucester County, NJ Affordable Housing Snapshot
| Total Affordable Apartment Properties | 42 |
|---|---|
| Total Low Income Apartments | 3,162 |
| Total Rent Assisted Apartments | 1,546 |
| Percentage of Housing Units Occupied By Renters | 20.43% |
| Average Renter Household Size | 2.29 |
| Total Population | 290,298 |
| Housing Units | 104,268 |
| Average Household Size | 2.74 |
| Median Household Income | $76,727 ±$1,478 |
| Median Rent | $1,072 ±$25 |
| Percentage Of Renters Overburdened | 53.62% ± 3.13pp |
Population and Household Demographics
Gloucester County is a County in New Jersey with a population of 290,298. There are 104,268 households in the county with an average household size of 2.74 persons. 20.43% of households in Gloucester County are renters.
Income and Rent Overburden in Gloucester County
The median gross income for households in Gloucester County is $76,727 a year, or $6,394 a month. The median rent for the county is $1,072 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Gloucester County, a household making less than $3,573 a month would be considered overburdened when renting an apartment at or above the median rent. 53.62% of households who rent are overburdened in Gloucester County.1
Area Median Income In Gloucester County
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.
In Gloucester County, HUD calculates the Area Median Income for a family of four as $90,100
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 Gloucester County
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 Gloucester County HUD Rental Assistance in Gloucester County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% of Median | $18,950 | $21,650 | $24,350 | $27,050 | $30,170 | $34,590 | $39,010 | $43,430 |
| 50% of Median | $31,550 | $36,050 | $40,550 | $45,050 | $48,700 | $52,300 | $55,900 | $59,500 |
| 80% of Median | $50,500 | $57,700 | $64,900 | $72,100 | $77,900 | $83,650 | $89,450 | $95,200 |
Low Income Housing Tax Credits in Gloucester County
The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.
From 1995 to 2011, 12 low income apartment communities containing 931 rental apartments have been constructed and made affordable to low income persons in Gloucester County 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 Gloucester County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 60% of Median | $37,860 | $43,260 | $48,660 | $54,060 | $58,440 | $62,760 | $67,080 | $71,400 |
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 Gloucester County is $48,660 a year, or $4,055 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,055 by 30% to get a maximum rent of $1,217 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% | $789 | $845 | $1,014 | $1,172 | $1,308 | $1,443 |
| 60% | $947 | $1,014 | $1,217 | $1,406 | $1,569 | $1,731 |
Fair Market Rents in Gloucester County
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.
2019 Fair Market Rents
| Studio | One BR | Two BR | Three BR | Four BR |
|---|---|---|---|---|
| $840 | $992 | $1,200 | $1,503 | $1,715 |
Cities In Gloucester County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Listings | Served By |
|---|---|---|
| Woodbury | 7 | The HUD funded Public Housing Agencies that serve Woodbury are the Housing Authority of Gloucester County and State of New Jersey Department of Community Affairs. |
| Glassboro | 7 | The HUD funded Public Housing Agencies that serve Glassboro are the Glassboro Housing Authority, Housing Authority of Gloucester County and State of New Jersey Department of Community Affairs. |
| Williamstown | 3 | The HUD funded Public Housing Agencies that serve Williamstown are the Housing Authority of Gloucester County and State of New Jersey Department of Community Affairs. |
| Mullica Hill | 3 | The HUD funded Public Housing Agencies that serve Mullica Hill are the Housing Authority of Gloucester County and State of New Jersey Department of Community Affairs. |
| Monroe | 1 | The HUD funded Public Housing Agencies that serve Monroe are the Housing Authority of Gloucester County and State of New Jersey Department of Community Affairs. |
| Clayton | 3 | The HUD funded Public Housing Agencies that serve Clayton are the Housing Authority of Gloucester County and State of New Jersey Department of Community Affairs. |
| Swedesboro | 4 | The HUD funded Public Housing Agencies that serve Swedesboro are the Housing Authority of Gloucester County and State of New Jersey Department of Community Affairs. |
| Franklin | 0 | The HUD funded Public Housing Agencies that serve Franklin are the Housing Authority of Gloucester County and State of New Jersey Department of Community Affairs. |
| Paulsboro | 1 | The HUD funded Public Housing Agencies that serve Paulsboro are the Housing Authority of Gloucester County and State of New Jersey Department of Community Affairs. |
| Mantua | 1 | The HUD funded Public Housing Agencies that serve Mantua are the Housing Authority of Gloucester County and State of New Jersey Department of Community Affairs. |
| Deptford | 1 | The HUD funded Public Housing Agencies that serve Deptford are the Housing Authority of Gloucester County and State of New Jersey Department of Community Affairs. |
| Gibbstown | 2 | The HUD funded Public Housing Agencies that serve Gibbstown are the Housing Authority of Gloucester County and State of New Jersey Department of Community Affairs. |
| Turnersville | 1 | The HUD funded Public Housing Agencies that serve Turnersville are the Housing Authority of Gloucester County and State of New Jersey Department of Community Affairs. |
| Westville | 1 | The HUD funded Public Housing Agencies that serve Westville are the Housing Authority of Gloucester County and State of New Jersey Department of Community Affairs. |
| Pitman | 1 | The HUD funded Public Housing Agencies that serve Pitman are the State of New Jersey Department of Community Affairs and Housing Authority of Gloucester County. |
| Beckett | 0 | The HUD funded Public Housing Agency that serves Beckett is the Housing Authority of Gloucester County. |
| Deptfordship | 0 | The HUD funded Public Housing Agency that serves Deptfordship is the Housing Authority of Gloucester County. |
| East Greenwich | 0 | The HUD funded Public Housing Agency that serves East Greenwich is the Housing Authority of Gloucester County. |
| Elk | 0 | The HUD funded Public Housing Agency that serves Elk is the Housing Authority of Gloucester County. |
| Franklinship | 0 | The HUD funded Public Housing Agency that serves Franklinship is the Housing Authority of Gloucester County. |
| Greenwich | 0 | The HUD funded Public Housing Agency that serves Greenwich is the Housing Authority of Gloucester County. |
| Harrison Towship | 0 | The HUD funded Public Housing Agency that serves Harrison Towship is the Housing Authority of Gloucester County. |
| Logan | 0 | The HUD funded Public Housing Agency that serves Logan is the Housing Authority of Gloucester County. |
| Mantuaship | 0 | The HUD funded Public Housing Agency that serves Mantuaship is the Housing Authority of Gloucester County. |
| Monroeship | 0 | The HUD funded Public Housing Agency that serves Monroeship is the Housing Authority of Gloucester County. |
| National Park | 1 | The HUD funded Public Housing Agency that serves National Park is the Housing Authority of Gloucester County. |
| Newfield | 0 | The HUD funded Public Housing Agency that serves Newfield is the Housing Authority of Gloucester County. |
| Oak Valley | 0 | The HUD funded Public Housing Agency that serves Oak Valley is the Housing Authority of Gloucester County. |
| Richwood | 1 | The HUD funded Public Housing Agency that serves Richwood is the Housing Authority of Gloucester County. |
| South Harrison | 0 | The HUD funded Public Housing Agency that serves South Harrison is the Housing Authority of Gloucester County. |
| Victory Lakes | 0 | The HUD funded Public Housing Agency that serves Victory Lakes is the Housing Authority of Gloucester County. |
| Washington | 1 | The HUD funded Public Housing Agency that serves Washington is the Housing Authority of Gloucester County. |
| Wenonah | 0 | The HUD funded Public Housing Agency that serves Wenonah is the Housing Authority of Gloucester County. |
| West Deptford | 2 | The HUD funded Public Housing Agency that serves West Deptford is the Housing Authority of Gloucester County. |
| Woodbury Heights | 0 | The HUD funded Public Housing Agency that serves Woodbury Heights is the Housing Authority of Gloucester County. |
| Woolwich | 1 | The HUD funded Public Housing Agency that serves Woolwich is the Housing Authority of Gloucester County. |
