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Affordable Housing In Bolindale
Trumbull County, Ohio

Housing Authorities that serve Bolindale

Housing Authority Programs
Trumbull Metropolitan Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Bolindale, Ohio

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Bolindale, Ohio.

Income Based Apartments in Bolindale, Ohio

Bolindale 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 Bolindale, Ohio

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

Housing Choice Vouchers in Bolindale, Ohio

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Bolindale, Ohio for a two-bedroom apartment is between $630 and $770.

2020 Bolindale, Ohio 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 $482 $557 $700 $917 $1,003
Payment Standard Range $434 to $530 $501 to $613 $630 to $770 $825 to $1,009 $903 to $1,103

Sourced from federal housing data and AffordableHousingOnline.com research.

Bolindale, OH 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 29.42%
Average Renter Household Size 2.54
Average Household Size 2.22
Median Household Income $35,530 ±$8,332
Median Rent $707 ±$92
Percentage Of Renters Overburdened 51.13% ± 18.59pp
Total Population 2,003

Population and Household Demographics

Bolindale is a city in Trumbull County, Ohio with a population of 2,003. There are 904 households in the city with an average household size of 2.22 persons. 29.42% of households in Bolindale are renters.

Income and Rent Overburden in Bolindale

The median gross income for households in Bolindale is $35,530 a year, or $2,961 a month. The median rent for the city is $707 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bolindale, a household making less than $2,357 a month would be considered overburdened when renting an apartment at or above the median rent. 51.13% of households who rent are overburdened in Bolindale.

Area Median Income In Bolindale

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 Bolindale, the AMI is calculated from all households within Trumbull County.

In Bolindale, HUD calculates the Area Median Income for a family of four as $60,700

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 Bolindale

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 Bolindale

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,700 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $43,000
50% of Median $22,800 $26,050 $29,300 $32,550 $35,200 $37,800 $40,400 $43,000
80% of Median $36,500 $41,700 $46,900 $52,100 $56,300 $60,450 $64,650 $68,800