Affordable Housing In Lloyd
Ulster County, New York

Section 8 Vouchers, Apartments, and Waiting Lists in Lloyd, New York

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 Lloyd, New York

Housing Authority Programs
Rural Ulster Preservation Company Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Lloyd, New York

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Lloyd, New York.

Income Based Apartments in Lloyd, New York

Lloyd 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 Lloyd, New York

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lloyd.

Housing Choice Vouchers in Lloyd, New York

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lloyd, New York for a two-bedroom apartment is between $1,228 and $1,500.

2022 Lloyd, 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
Lloyd, New York Fair Market Rent $938 $1,060 $1,364 $1,794 $2,018
Lloyd, New York Payment Standard Range $844 to $1,032 $954 to $1,166 $1,228 to $1,500 $1,615 to $1,973 $1,816 to $2,220

Sourced from federal housing data and AffordableHousingOnline.com research.

Lloyd, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
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

Lloyd is a city in Ulster 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 Lloyd are renters.

Income and Rent Overburden in Lloyd

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

Area Median Income In Lloyd

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 Lloyd, the AMI is calculated from all households within Ulster County.

In Lloyd, HUD calculates the Area Median Income for a family of four as $90,100

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 Lloyd

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 Lloyd

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 Lloyd AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,450 $21,100 $23,750 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Lloyd AMI may qualify for rental assistance programs that target Very Low Income households.
$30,750 $35,150 $39,550 $43,900 $47,450 $50,950 $54,450 $57,950
80% AMI Income Limits
Renters earning up to 80% of the Lloyd AMI may qualify for rental assistance programs that target Low Income households.
$49,200 $56,200 $63,250 $70,250 $75,900 $81,500 $87,150 $92,750