Affordable Housing In Grand Forks
Grand Forks County,
39 Low Income Apartment Communities In Grand Forks
Housing Authorities that serve Grand Forks
|Grand Forks Housing Authority||Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Mainstream Voucher; Family Unification Program (FUP)|
Guide To Affordable Housing in Grand Forks, North Dakota
There are 39 low income housing apartment communities offering 1,270 affordable apartments for rent in Grand Forks, North Dakota.
Income Based Apartments in Grand Forks, North Dakota
Grand Forks features 700 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 Grand Forks, North Dakota
There are 570 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grand Forks.
Housing Choice Vouchers in Grand Forks, North Dakota
On average, Section 8 Housing Choice vouchers pay Grand Forks landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Grand Forks.
The maximum amount a voucher would pay on behalf of a low-income tenant in Grand Forks, North Dakota for a two-bedroom apartment is between $795 and $971.
2021 Grand Forks, North Dakota 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|
|Grand Forks, North Dakota Fair Market Rent||$623||$694||$883||$1,264||$1,529|
|Grand Forks, North Dakota Payment Standard Range||$561 to $685||$625 to $763||$795 to $971||$1,138 to $1,390||$1,376 to $1,682|
Sourced from federal housing data and AffordableHousingOnline.com research.
Grand Forks, ND Affordable Housing Snapshot
|Total Affordable Apartment Properties||39|
|Total Low Income Apartments||1,270|
|Total Housing Units with Rental Assistance||700|
|Percentage of Housing Units Occupied By Renters||54.77%|
|Average Renter Household Size||1.90|
|Average Household Size||2.18|
|Median Household Income||$46,149 ±$1,576|
|Median Rent||$761 ±$26|
|Percentage Of Renters Overburdened||47.35% ± 3.78pp|
Population and Household Demographics
Grand Forks is a city in Grand Forks County, North Dakota with a population of 54,944. There are 23,319 households in the city with an average household size of 2.18 persons. 54.77% of households in Grand Forks are renters.
Income and Rent Overburden in Grand Forks
The median gross income for households in Grand Forks is $46,149 a year, or $3,846 a month. The median rent for the city is $761 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Grand Forks, a household making less than $2,537 a month would be considered overburdened when renting an apartment at or above the median rent. 47.35% of households who rent are overburdened in Grand Forks.
Area Median Income In Grand Forks
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 Grand Forks, the AMI is calculated from all households within Grand Forks County.
In Grand Forks, HUD calculates the Area Median Income for a family of four as $89,200
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 Grand Forks
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 Grand Forks
|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 Grand Forks AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Grand Forks AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Grand Forks AMI may qualify for rental assistance programs that target Low Income households.