Affordable Housing In Hudson County
165 Low Income Apartment Communities In Hudson County
Housing Authorities that serve Hudson County
|State of New Jersey Department of Community Affairs||Section 8 Housing Choice Voucher (HCV)|
Other Housing Authorities located in Hudson County
|North Bergen Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|Jersey City Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing; Public Housing Homeownership; Family Self-Sufficiency|
|Bayonne Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|Hoboken Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|Harrison Housing Authority||Public Housing|
|Union City Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|West New York Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|Guttenberg Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|Weehawken Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|Secaucus Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|Union Township Housing Authority||Section 8 Housing Choice Voucher (HCV)|
|Jersey City Episcopal Cdc||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Hudson County, New Jersey
There are 165 low income housing apartment communities offering 19,931 affordable apartments for rent in Hudson County, New Jersey. Hudson County features 16,017 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 3,914 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Hudson County.
Sourced from federal housing data and AffordableHousingOnline.com research.
Hudson County, NJ Affordable Housing Snapshot
|Total Affordable Apartment Properties||165|
|Total Low Income Apartments||19,931|
|Total Housing Units with Rental Assistance||16,017|
|Percentage of Housing Units Occupied By Renters||68.71%|
|Average Renter Household Size||2.57|
|Average Household Size||2.63|
|Median Household Income||$59,741 ±$1,178|
|Median Rent||$1,214 ±$10|
|Percentage Of Renters Overburdened||45.92% ± 1.03pp|
Population and Household Demographics
Hudson County is a County in New Jersey with a population of 662,619. There are 249,584 households in the county with an average household size of 2.63 persons. 68.71% of households in Hudson County are renters.
Income and Rent Overburden in Hudson County
The median gross income for households in Hudson County is $59,741 a year, or $4,978 a month. The median rent for the county is $1,214 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hudson County, a household making less than $4,047 a month would be considered overburdened when renting an apartment at or above the median rent. 45.92% of households who rent are overburdened in Hudson County.1
Area Median Income In Hudson 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 Hudson County, HUD calculates the Area Median Income for a family of four as $70,600
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 Hudson 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 Hudson County HUD Rental Assistance in Hudson County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$19,250||$22,000||$24,750||$27,500||$30,170||$34,590||$39,010||$43,430|
|50% of Median||$32,100||$36,700||$41,300||$45,850||$49,550||$53,200||$56,900||$60,550|
|80% of Median||$51,350||$58,700||$66,050||$73,350||$79,250||$85,100||$91,000||$96,850|
Fair Market Rents in Hudson 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.
2020 Fair Market Rents
|Studio||One BR||Two BR||Three BR||Four BR|
Cities In Hudson County
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