Affordable Housing In Seabrook
1 Low Income Apartment Communities In Seabrook
Guide To Affordable Housing in Seabrook, New Jersey
There are 1 low income housing apartment communities offering 283 affordable apartments for rent in Seabrook, New Jersey.
Income Based Apartments in Seabrook, New Jersey
Seabrook features 0 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 Seabrook, New Jersey
There are 283 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Seabrook.
Housing Choice Vouchers in Seabrook, New Jersey
On average, Section 8 Housing Choice vouchers pay Seabrook landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Seabrook.
Sourced from federal housing data and AffordableHousingOnline.com research.
Area Median Income In Seabrook
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 Seabrook, the AMI is calculated from all households within Cumberland County.
In Seabrook, HUD calculates the Area Median Income for a family of four as $67,700
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 Seabrook
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 Seabrook
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$15,400||$17,600||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$25,700||$29,400||$33,050||$36,700||$39,650||$42,600||$45,550||$48,450|
|80% of Median||$41,100||$47,000||$52,850||$58,700||$63,400||$68,100||$72,800||$77,500|