Affordable Housing In New York County
5 Low Income Apartment Communities In New York County
Housing Authorities that serve New York County
|New York City Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|New York State Homes and Community Renewal||Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency; Homeownership|
Other Housing Authorities located in New York County
|New York City Deptartment of Housing Preservation and Development||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in New York County, New York
There are 5 low income housing apartment communities offering 189 affordable apartments for rent in New York County, New York.
Income Based Apartments in New York County, New York
New York County 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 New York County, New York
There are 189 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New York County.
Housing Choice Vouchers in New York County, New York
On average, Section 8 Housing Choice vouchers pay New York County landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in New York County.
Sourced from federal housing data and AffordableHousingOnline.com research.
New York County, NY Affordable Housing Snapshot
|Total Affordable Apartment Properties||5|
|Total Low Income Apartments||189|
|Total Housing Units with Rental Assistance||0|
|Percentage of Housing Units Occupied By Renters||77.07%|
|Average Renter Household Size||2.13|
|Average Household Size||2.09|
|Median Household Income||$72,871 ±$1,113|
|Median Rent||$1,519 ±$16|
|Percentage Of Renters Overburdened||44.69% ± 0.63pp|
Population and Household Demographics
New York County is a County in New York with a population of 1,629,507. There are 750,419 households in the county with an average household size of 2.09 persons. 77.07% of households in New York County are renters.
Income and Rent Overburden in New York County
The median gross income for households in New York County is $72,871 a year, or $6,073 a month. The median rent for the county is $1,519 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In New York County, a household making less than $5,063 a month would be considered overburdened when renting an apartment at or above the median rent. 44.69% of households who rent are overburdened in New York County.1
Area Median Income In New York 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 New York County, HUD calculates the Area Median Income for a family of four as $75,500
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 New York 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 HUD Rental Assistance in New York County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$22,400||$25,600||$28,800||$32,000||$34,600||$37,150||$39,700||$43,430|
|50% of Median||$37,350||$42,700||$48,050||$53,350||$57,650||$61,900||$66,200||$70,450|
|80% of Median||$59,750||$68,300||$76,850||$85,350||$92,200||$99,050||$105,850||$112,700|
Cities In New York County
Select A City to View its Apartment Communities and Waiting Lists.
|Manhattan||4||The HUD funded Public Housing Agencies that serve Manhattan are the New York City Housing Authority and New York State Homes and Community Renewal.|
|New York City||2,465||The HUD funded Public Housing Agencies that serve New York City are the New York City Deptartment of Housing Preservation and Development, New York State Homes and Community Renewal and New York City Housing Authority.|