Affordable Housing In Newark
Wayne County, New York

7 Low Income Apartment Communities In Newark

Newark Rose Garden

1111 S Main St
Newark, NY
Subsidized

Blue Cut Apartments

6595 Blue Cut Rd
Newark, NY
Accessible
Disabled Supportive Housing
Subsidized

510 Vienna Street

510 Vienna St
Newark, NY
HCV Welcome

Windsong Terrace

1 Marie Ave
Newark, NY

200 East

200 E Miller St
Newark, NY

Lot 4 Murray Street

431 Murray St
Newark, NY
HCV Welcome

Lot 4 Murray Street

427 Murray St
Newark, NY
HCV Welcome
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Housing Authorities that serve Newark

Housing Authority Programs
Newark Housing Authority Section 8 Housing Choice Voucher (HCV)
Rochester Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Mainstream Voucher; Rental Assistance Demonstration (RAD); Housing Opportunities for Persons with AIDS (HOPWA); Family Unification Program (FUP)

Guide To Affordable Housing in Newark, New York

According to federal housing data and AffordableHousingOnline.com research, there are 7 low income housing apartment communities offering 252 affordable apartments for rent in Newark, New York. Newark features 244 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 8 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Newark.

Newark, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 252
Total Housing Units with Rental Assistance 244
Percentage of Housing Units Occupied By Renters 49.49%
Average Renter Household Size 1.99
Average Household Size 2.28
Median Household Income $31,121 ±$2,056
Median Rent $649 ±$34
Percentage Of Renters Overburdened 54.84% ± 10.21pp
Total Population 8,965

Population and Household Demographics

Newark is a City in Wayne County, New York with a population of 8,965. There are 3,714 households in the city with an average household size of 2.28 persons. 49.49% of households in Newark are renters.

Income and Rent Overburden in Newark

The median gross income for households in Newark is $31,121 a year, or $2,593 a month. The median rent for the city is $649 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Newark, a household making less than $2,163 a month would be considered overburdened when renting an apartment at or above the median rent. 54.84% of households who rent are overburdened in Newark.1

Area Median Income In Newark

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 Newark, the AMI is calculated from all households within Wayne County.

In Newark, HUD calculates the Area Median Income for a family of four as $75,700

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 Newark

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 Newark HUD Rental Assistance in Newark

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,900 $18,200 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $26,500 $30,300 $34,100 $37,850 $40,900 $43,950 $46,950 $50,000
80% of Median $42,400 $48,450 $54,500 $60,550 $65,400 $70,250 $75,100 $79,950
Low Income Housing Tax Credits in Newark

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1992 to 1992, 1 low income apartment communities containing 8 rental apartments have been constructed and made affordable to low income persons in Newark by the Low Income Housing Tax Credit Program.

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 Newark

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $26,500 $30,300 $34,100 $37,850 $40,900 $43,950 $46,950 $50,000
60% of Median $31,800 $36,360 $40,920 $45,420 $49,080 $52,740 $56,340 $60,000

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 Newark is $40,920 a year, or $3,410 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,410 by 30% to get a maximum rent of $1,023 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% $663 $710 $853 $984 $1,099 $1,212
60% $795 $852 $1,023 $1,181 $1,319 $1,454
Fair Market Rents in Newark

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
$668 $775 $972 $1,211 $1,317