Affordable Housing In Jersey City
Hudson County,
New Jersey
91 Low Income Apartment Communities In Jersey City
Section 8 Vouchers, Apartments, and Waiting Lists in Jersey City, New Jersey
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.
Public Housing Agencies Serving Jersey City, New Jersey
| Housing Authority | Programs |
|---|---|
| Jersey City Housing Authority | Section 8 Housing Choice Voucher (HCV); Public Housing; Public Housing Homeownership; Family Self-Sufficiency |
| Garden State Episcopal CDC | Section 8 Housing Choice Voucher (HCV) |
| State of New Jersey Department of Community Affairs | Section 8 Housing Choice Voucher (HCV) |
Guide To Affordable Housing in Jersey City, New Jersey
There are 91 low income housing apartment communities offering 9,686 affordable apartments for rent in Jersey City, New Jersey.
Income Based Apartments in Jersey City, New Jersey
Jersey City features 7,330 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 Jersey City, New Jersey
There are 1,941 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jersey City.
Housing Choice Vouchers in Jersey City, New Jersey
On average, Section 8 Housing Choice vouchers pay Jersey City landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Jersey City.
The maximum amount a voucher would pay on behalf of a low-income tenant in Jersey City, New Jersey for a two-bedroom apartment is between $1,775 and $2,169.
2022 Jersey City, 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 | |
|---|---|---|---|---|---|
| Jersey City, New Jersey Fair Market Rent | $1,610 | $1,711 | $1,972 | $2,438 | $2,674 |
| Jersey City, New Jersey Payment Standard Range | $1,449 to $1,771 | $1,540 to $1,882 | $1,775 to $2,169 | $2,194 to $2,682 | $2,407 to $2,941 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Jersey City, NJ Affordable Housing Snapshot
| Total Affordable Apartment Properties | 91 |
|---|---|
| Total Low Income Apartments | 9,686 |
| Total Housing Units with Rental Assistance | 7,330 |
| Percentage of Housing Units Occupied By Renters | 71.08% |
| Average Renter Household Size | 2.50 |
| Average Household Size | 2.59 |
| Median Household Income | $59,537 ±$2,025 |
| Median Rent | $1,198 ±$15 |
| Percentage Of Renters Overburdened | 45.25% ± 1.57pp |
| Total Population | 259,651 |
Population and Household Demographics
Jersey City is a city in Hudson County, New Jersey with a population of 259,651. There are 99,058 households in the city with an average household size of 2.59 persons. 71.08% of households in Jersey City are renters.
Income and Rent Overburden in Jersey City
The median gross income for households in Jersey City is $59,537 a year, or $4,961 a month. The median rent for the city is $1,198 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Jersey City, a household making less than $3,993 a month would be considered overburdened when renting an apartment at or above the median rent. 45.25% of households who rent are overburdened in Jersey City.
Area Median Income In Jersey City
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 Jersey City, the AMI is calculated from all households within Hudson County.
In Jersey City, HUD calculates the Area Median Income for a family of four as $93,800
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 Jersey City
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 Jersey City
| 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person | |
|---|---|---|---|---|---|---|---|---|
| 30% AMI Income Limits Renters earning up to 30% of the Jersey City AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$24,150 | $27,600 | $31,050 | $34,450 | $37,250 | $40,000 | $42,750 | $46,630 |
| 50% AMI Income Limits Renters earning up to 50% of the Jersey City AMI may qualify for rental assistance programs that target Very Low Income households. |
$40,250 | $46,000 | $51,750 | $57,450 | $62,050 | $66,650 | $71,250 | $75,850 |
| 80% AMI Income Limits Renters earning up to 80% of the Jersey City AMI may qualify for rental assistance programs that target Low Income households. |
$64,350 | $73,550 | $82,750 | $91,900 | $99,300 | $106,650 | $114,000 | $121,350 |
