Affordable Housing In Pottawatomie County
Oklahoma
27 Low Income Apartment Communities In Pottawatomie County
Heritage Park Homes III
There are 27 low income housing apartment complexes which contain 1,709 affordable apartments for rent in Pottawatomie County. Many of these rental apartments are income based housing with 633 apartments that set rent based on your income. In Pottawatomie County, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 1,070 other low income apartments that don't have rental assistance but are cheaper than market rate rents.
Housing Authorities that serve Pottawatomie County
| Housing Authority | Programs |
|---|---|
| Oklahoma Housing Finance Agency | Section 8 Housing Choice Voucher (HCV) |
Other Housing Authorities located in Pottawatomie County
| Housing Authority | Programs |
|---|---|
| Housing Authority of the City of Maud | Public Housing |
| Housing Authority of the City of Shawnee | Section 8 Housing Choice Voucher (HCV); Public Housing |
| Housing Authority of the City of Tecumseh | Section 8 Housing Choice Voucher (HCV); Public Housing |
Guide To Affordable Housing in Pottawatomie County, Oklahoma
Pottawatomie County, OK Affordable Housing Snapshot
| Total Affordable Apartment Properties | 27 |
|---|---|
| Total Low Income Apartments | 1,709 |
| Total Rent Assisted Apartments | 633 |
| Percentage of Housing Units Occupied By Renters | 31.17% |
| Average Renter Household Size | 2.57 |
| Total Population | 71,136 |
| Housing Units | 25,996 |
| Average Household Size | 2.61 |
| Median Household Income | $44,688 ±$804 |
| Median Rent | $650 ±$18 |
| Percentage Of Renters Overburdened | 37.69% ± 2.67pp |
Population and Household Demographics
Pottawatomie County is a County in Oklahoma with a population of 71,136. There are 25,996 households in the county with an average household size of 2.61 persons. 31.17% of households in Pottawatomie County are renters.
Income and Rent Overburden in Pottawatomie County
The median gross income for households in Pottawatomie County is $44,688 a year, or $3,724 a month. The median rent for the county is $650 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pottawatomie County, a household making less than $2,167 a month would be considered overburdened when renting an apartment at or above the median rent. 37.69% of households who rent are overburdened in Pottawatomie County.1
Area Median Income In Pottawatomie 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 Pottawatomie County, HUD calculates the Area Median Income for a family of four as $55,000
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 Pottawatomie 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 Pottawatomie County HUD Rental Assistance in Pottawatomie County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% of Median | $12,490 | $16,910 | $21,330 | $25,750 | $30,170 | $33,100 | $35,350 | $37,650 |
| 50% of Median | $19,950 | $22,800 | $25,650 | $28,500 | $30,800 | $33,100 | $35,350 | $37,650 |
| 80% of Median | $31,950 | $36,500 | $41,050 | $45,600 | $49,250 | $52,900 | $56,550 | $60,200 |
Low Income Housing Tax Credits in Pottawatomie County
The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.
From 1992 to 2012, 11 low income apartment communities containing 709 rental apartments have been constructed and made affordable to low income persons in Pottawatomie 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 Pottawatomie County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 60% of Median | $23,940 | $27,360 | $30,780 | $34,200 | $36,960 | $39,720 | $42,420 | $45,180 |
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 Pottawatomie County is $30,780 a year, or $2,565 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,565 by 30% to get a maximum rent of $770 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% | $499 | $534 | $641 | $741 | $828 | $913 |
| 60% | $599 | $641 | $770 | $890 | $993 | $1,095 |
Fair Market Rents in Pottawatomie 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.
2019 Fair Market Rents
| Studio | One BR | Two BR | Three BR | Four BR |
|---|---|---|---|---|
| $564 | $568 | $718 | $956 | $1,042 |
Cities In Pottawatomie County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Listings | Served By |
|---|---|---|
| Shawnee | 18 | The HUD funded Public Housing Agency that serves Shawnee is the Housing Authority of the City of Shawnee. |
| Tecumseh | 4 | The HUD funded Public Housing Agencies that serve Tecumseh are the Housing Authority of the City of Tecumseh and Oklahoma Housing Finance Agency. |
| Mcloud | 4 | The HUD funded Public Housing Agency that serves Mcloud is the Oklahoma Housing Finance Agency. |
| Asher | 0 | The HUD funded Public Housing Agency that serves Asher is the Oklahoma Housing Finance Agency. |
| Bethel Acres | 0 | The HUD funded Public Housing Agency that serves Bethel Acres is the Oklahoma Housing Finance Agency. |
| Brooksville | 0 | The HUD funded Public Housing Agency that serves Brooksville is the Oklahoma Housing Finance Agency. |
| Dale | 0 | The HUD funded Public Housing Agency that serves Dale is the Oklahoma Housing Finance Agency. |
| Earlsboro | 0 | The HUD funded Public Housing Agency that serves Earlsboro is the Oklahoma Housing Finance Agency. |
| Johnson | 0 | The HUD funded Public Housing Agency that serves Johnson is the Oklahoma Housing Finance Agency. |
| Macomb | 0 | The HUD funded Public Housing Agency that serves Macomb is the Oklahoma Housing Finance Agency. |
| Maud | 1 | The HUD funded Public Housing Agency that serves Maud is the Oklahoma Housing Finance Agency. |
| Pink | 0 | The HUD funded Public Housing Agency that serves Pink is the Oklahoma Housing Finance Agency. |
| St. Louis | 0 | The HUD funded Public Housing Agency that serves St. Louis is the Oklahoma Housing Finance Agency. |
| Tribbey | 0 | The HUD funded Public Housing Agency that serves Tribbey is the Oklahoma Housing Finance Agency. |
| Wanette | 0 | The HUD funded Public Housing Agency that serves Wanette is the Oklahoma Housing Finance Agency. |
| Oklahoma City | 79 | The HUD funded Public Housing Agencies that serve Oklahoma City are the Oklahoma City Housing Authority and Oklahoma Housing Finance Agency. |
