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Affordable Housing In Bear Rocks
Fayette County, Pennsylvania

Housing Authorities that serve Bear Rocks

Housing Authority Programs
Fayette County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-Sufficiency

Guide To Affordable Housing in Bear Rocks, Pennsylvania

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Bear Rocks, Pennsylvania.

Income Based Apartments in Bear Rocks, Pennsylvania

Bear Rocks 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 Bear Rocks, Pennsylvania

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

Housing Choice Vouchers in Bear Rocks, Pennsylvania

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Bear Rocks, Pennsylvania for a two-bedroom apartment is between $846 and $1,034.

2021 Bear Rocks, Pennsylvania 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
Bear Rocks, Pennsylvania Fair Market Rent $714 $772 $940 $1,206 $1,321
Bear Rocks, Pennsylvania Payment Standard Range $643 to $785 $695 to $849 $846 to $1,034 $1,085 to $1,327 $1,189 to $1,453

Sourced from federal housing data and AffordableHousingOnline.com research.

Bear Rocks, PA 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 2.21%
Average Renter Household Size 0.00
Average Household Size 2.32
Median Household Income $67,865 ±$8,310
Median Rent $0 ±$0
Percentage Of Renters Overburdened 0% ± 222.22pp
Total Population 944

Population and Household Demographics

Bear Rocks is a city in Fayette County, Pennsylvania with a population of 944. There are 407 households in the city with an average household size of 2.32 persons. 2.21% of households in Bear Rocks are renters.

Income and Rent Overburden in Bear Rocks

The median gross income for households in Bear Rocks is $67,865 a year, or $5,655 a month. The median rent for the city is $0 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bear Rocks, a household making less than $0 a month would be considered overburdened when renting an apartment at or above the median rent. 0% of households who rent are overburdened in Bear Rocks.

Area Median Income In Bear Rocks

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 Bear Rocks, the AMI is calculated from all households within Fayette County.

In Bear Rocks, HUD calculates the Area Median Income for a family of four as $83,000

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 Bear Rocks

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 Bear Rocks

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 Bear Rocks AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,450 $19,950 $22,450 $26,200 $30,680 $35,160 $39,640 $44,120
50% AMI Income Limits
Renters earning up to 50% of the Bear Rocks AMI may qualify for rental assistance programs that target Very Low Income households.
$29,050 $33,200 $37,350 $41,500 $44,850 $48,150 $51,500 $54,800
80% AMI Income Limits
Renters earning up to 80% of the Bear Rocks AMI may qualify for rental assistance programs that target Low Income households.
$46,500 $53,150 $59,800 $66,400 $71,750 $77,050 $82,350 $87,650