Affordable Housing In Sussex County
New Jersey
11 Low Income Apartment Communities In Sussex County
The Oaks at Toms River
Community Hope VII Consumer Ho
Advance Housing 2009
Scarc Residential Expansion Project
Housing Authorities that serve Sussex County
| Housing Authority | Programs |
|---|---|
| State of New Jersey Department of Community Affairs | Section 8 Housing Choice Voucher (HCV) |
Other Housing Authorities located in Sussex County
| Housing Authority | Programs |
|---|---|
| Newton Housing Authority | Public Housing |
Guide To Affordable Housing in Sussex County, New Jersey
According to federal housing data and AffordableHousingOnline.com research, there are 11 low income housing apartment communities offering 497 affordable apartments for rent in Sussex County, New Jersey. Sussex County features 421 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 76 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Sussex County.
Sussex County, NJ Affordable Housing Snapshot
| Total Affordable Apartment Properties | 11 |
|---|---|
| Total Low Income Apartments | 497 |
| Total Housing Units with Rental Assistance | 421 |
| Percentage of Housing Units Occupied By Renters | 16.69% |
| Average Renter Household Size | 2.26 |
| Average Household Size | 2.67 |
| Median Household Income | $86,565 ±$2,401 |
| Median Rent | $1,205 ±$29 |
| Percentage Of Renters Overburdened | 54.2% ± 3.84pp |
| Total Population | 145,930 |
Population and Household Demographics
Sussex County is a County in New Jersey with a population of 145,930. There are 53,941 households in the county with an average household size of 2.67 persons. 16.69% of households in Sussex County are renters.
Income and Rent Overburden in Sussex County
The median gross income for households in Sussex County is $86,565 a year, or $7,214 a month. The median rent for the county is $1,205 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Sussex County, a household making less than $4,017 a month would be considered overburdened when renting an apartment at or above the median rent. 54.2% of households who rent are overburdened in Sussex County.1
Area Median Income In Sussex 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 Sussex County, HUD calculates the Area Median Income for a family of four as $100,600
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 Sussex 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 Sussex County HUD Rental Assistance in Sussex County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% of Median | $21,150 | $24,200 | $27,200 | $30,200 | $32,650 | $35,050 | $39,010 | $43,430 |
| 50% of Median | $35,250 | $40,250 | $45,300 | $50,300 | $54,350 | $58,350 | $62,400 | $66,400 |
| 80% of Median | $52,850 | $60,400 | $67,950 | $75,500 | $81,550 | $87,600 | $93,650 | $99,700 |
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 Sussex County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 50% of Median | $35,250 | $40,250 | $45,300 | $50,300 | $54,350 | $58,350 | $62,400 | $66,400 |
| 60% of Median | $42,300 | $48,300 | $54,360 | $60,360 | $65,220 | $70,020 | $74,880 | $79,680 |
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 Sussex County is $54,360 a year, or $4,530 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,530 by 30% to get a maximum rent of $1,359 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% | $881 | $944 | $1,133 | $1,308 | $1,459 | $1,610 |
| 60% | $1,058 | $1,133 | $1,359 | $1,570 | $1,751 | $1,932 |
Fair Market Rents in Sussex 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 |
|---|---|---|---|---|
| $1,034 | $1,218 | $1,483 | $1,891 | $2,236 |
Cities In Sussex County
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