Affordable Housing In Mount Hood Village
Section 8 Vouchers, Apartments, and Waiting Lists in Mount Hood Village, Oregon
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.
Public Housing Agencies Serving Mount Hood Village, Oregon
|Housing Authority of Clackamas County||Section 8 Housing Choice Voucher (HCV); Public Housing|
Guide To Affordable Housing in Mount Hood Village, Oregon
There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Mount Hood Village, Oregon.
Income Based Apartments in Mount Hood Village, Oregon
Mount Hood Village 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 Mount Hood Village, Oregon
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mount Hood Village.
Housing Choice Vouchers in Mount Hood Village, Oregon
On average, Section 8 Housing Choice vouchers pay Mount Hood Village landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Mount Hood Village.
The maximum amount a voucher would pay on behalf of a low-income tenant in Mount Hood Village, Oregon for a two-bedroom apartment is between $1,320 and $1,614.
2022 Mount Hood Village, Oregon 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|
|Mount Hood Village, Oregon Fair Market Rent||$1,197||$1,278||$1,467||$2,073||$2,454|
|Mount Hood Village, Oregon Payment Standard Range||$1,077 to $1,317||$1,150 to $1,406||$1,320 to $1,614||$1,866 to $2,280||$2,209 to $2,699|
Sourced from federal housing data and AffordableHousingOnline.com research.
Mount Hood Village, OR 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||24.53%|
|Average Renter Household Size||2.30|
|Average Household Size||2.40|
|Median Household Income||$63,348 ±$8,820|
|Median Rent||$877 ±$255|
|Percentage Of Renters Overburdened||46.35% ± 17.67pp|
Population and Household Demographics
Mount Hood Village is a city in Clackamas County, Oregon with a population of 5,497. There are 2,287 households in the city with an average household size of 2.40 persons. 24.53% of households in Mount Hood Village are renters.
Income and Rent Overburden in Mount Hood Village
The median gross income for households in Mount Hood Village is $63,348 a year, or $5,279 a month. The median rent for the city is $877 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mount Hood Village, a household making less than $2,923 a month would be considered overburdened when renting an apartment at or above the median rent. 46.35% of households who rent are overburdened in Mount Hood Village.
Area Median Income In Mount Hood Village
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 Mount Hood Village, the AMI is calculated from all households within Clackamas County.
In Mount Hood Village, HUD calculates the Area Median Income for a family of four as $96,900
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 Mount Hood Village
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 Mount Hood Village
|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 Mount Hood Village AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Mount Hood Village AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Mount Hood Village AMI may qualify for rental assistance programs that target Low Income households.