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Affordable Housing In Bolivar
Allegany County, New York

1 Low Income Apartment Communities In Bolivar

Bolivar Manor

351 Main St
Bolivar, New York
Accepts Vouchers
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Housing Authorities that serve Bolivar

Housing Authority Programs
ACCORD Corporation -

Guide To Affordable Housing in Bolivar, New York

There are 1 low income housing apartment communities offering 24 affordable apartments for rent in Bolivar, New York.

Income Based Apartments in Bolivar, New York

Bolivar 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 Bolivar, New York

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bolivar.

Housing Choice Vouchers in Bolivar, New York

On average, Section 8 Housing Choice vouchers pay Bolivar landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Bolivar.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bolivar, New York for a two-bedroom apartment is between $643 and $785.

2020 Bolivar, New York 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
Fair Market Rent $541 $583 $714 $923 $1,099
Payment Standard Range $487 to $595 $525 to $641 $643 to $785 $831 to $1,015 $989 to $1,209

Sourced from federal housing data and AffordableHousingOnline.com research.

Bolivar, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 24
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Bolivar is a city in Allegany County, New York with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Bolivar are renters.

Income and Rent Overburden in Bolivar

The median gross income for households in Bolivar is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Bolivar

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 Bolivar, the AMI is calculated from all households within Allegany County.

In Bolivar, HUD calculates the Area Median Income for a family of four as $58,700

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 Bolivar

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 Bolivar

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,150 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $23,550 $26,900 $30,250 $33,600 $36,300 $39,000 $41,700 $44,400
80% of Median $37,650 $43,000 $48,400 $53,750 $58,050 $62,350 $66,650 $70,950