Affordable Housing In Alfalfa County
Oklahoma

2 Low Income Apartment Communities In Alfalfa County

Hunter Green Apartments

220 W 5th St
Helena, OK
HCV Welcome

Chaparral Village Apartments

300 Cherokee Ave
Cherokee, OK
Subsidized
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Housing Authorities that serve Alfalfa County

Housing Authority Programs
Oklahoma Housing Finance Agency Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Alfalfa County, Oklahoma

There are 2 low income housing apartment communities offering 60 affordable apartments for rent in Alfalfa County, Oklahoma. Alfalfa County features 48 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 12 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Alfalfa County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Alfalfa County, OK Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 60
Total Housing Units with Rental Assistance 48
Percentage of Housing Units Occupied By Renters 23.99%
Average Renter Household Size 2.26
Average Household Size 2.28
Median Household Income $50,156 ±$2,864
Median Rent $639 ±$55
Percentage Of Renters Overburdened 20.93% ± 7.67pp
Total Population 5,755

Population and Household Demographics

Alfalfa County is a County in Oklahoma with a population of 5,755. There are 2,072 households in the county with an average household size of 2.28 persons. 23.99% of households in Alfalfa County are renters.

Income and Rent Overburden in Alfalfa County

The median gross income for households in Alfalfa County is $50,156 a year, or $4,180 a month. The median rent for the county is $639 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Alfalfa County, a household making less than $2,130 a month would be considered overburdened when renting an apartment at or above the median rent. 20.93% of households who rent are overburdened in Alfalfa County.1

Area Median Income In Alfalfa 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 Alfalfa County, HUD calculates the Area Median Income for a family of four as $66,300

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 Alfalfa 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 Alfalfa County HUD Rental Assistance in Alfalfa County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,950 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,250 $26,550 $29,850 $33,150 $35,850 $38,500 $41,150 $43,800
80% of Median $37,150 $42,450 $47,750 $53,050 $57,300 $61,550 $65,800 $70,050
Low Income Housing Tax Credits in Alfalfa County

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

From 1996 to 1996, 1 low income apartment communities containing 36 rental apartments have been constructed and made affordable to low income persons in Alfalfa County 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 Alfalfa County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,250 $26,550 $29,850 $33,150 $35,850 $38,500 $41,150 $43,800
60% of Median $27,900 $31,860 $35,820 $39,780 $43,020 $46,200 $49,380 $52,560

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 Alfalfa County is $35,820 a year, or $2,985 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,985 by 30% to get a maximum rent of $896 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% $581 $623 $746 $863 $963 $1,062
60% $698 $747 $896 $1,035 $1,155 $1,274
Fair Market Rents in Alfalfa County

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
$523 $533 $702 $875 $951

Cities In Alfalfa County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Cherokee 1 The HUD funded Public Housing Agency that serves Cherokee is the Oklahoma Housing Finance Agency.
Helena 1 The HUD funded Public Housing Agency that serves Helena is the Oklahoma Housing Finance Agency.
Aline 0 The HUD funded Public Housing Agency that serves Aline is the Oklahoma Housing Finance Agency.
Amorita 0 The HUD funded Public Housing Agency that serves Amorita is the Oklahoma Housing Finance Agency.
Burlington 0 The HUD funded Public Housing Agency that serves Burlington is the Oklahoma Housing Finance Agency.
Byron 0 The HUD funded Public Housing Agency that serves Byron is the Oklahoma Housing Finance Agency.
Carmen 0 The HUD funded Public Housing Agency that serves Carmen is the Oklahoma Housing Finance Agency.
Goltry 0 The HUD funded Public Housing Agency that serves Goltry is the Oklahoma Housing Finance Agency.
Jet 0 The HUD funded Public Housing Agency that serves Jet is the Oklahoma Housing Finance Agency.
Lambert 0 The HUD funded Public Housing Agency that serves Lambert is the Oklahoma Housing Finance Agency.
Nescatunga 0 The HUD funded Public Housing Agency that serves Nescatunga is the Oklahoma Housing Finance Agency.