Affordable Housing In Belle Vernon
Fayette County, Pennsylvania

3 Low Income Apartment Communities In Belle Vernon

Rostraver Apartments

214 Mathews Rd
Belle Vernon, PA
Call For Rent
1-3 BR
Subsidized

Belle Vernon Apartments

500 Blind Ln
Belle Vernon, PA

South Hill Terrace

15 Marion Villa
Belle Vernon, PA
  • «
  • 1
  • »

Housing Authorities that serve Belle Vernon

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 Belle Vernon, Pennsylvania

There are 3 low income housing apartment communities offering 679 affordable apartments for rent in Belle Vernon, Pennsylvania. Belle Vernon features 679 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 0 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Belle Vernon.

Sourced from federal housing data and AffordableHousingOnline.com research.

Belle Vernon, PA Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 679
Total Housing Units with Rental Assistance 679
Percentage of Housing Units Occupied By Renters 60.22%
Average Renter Household Size 1.63
Average Household Size 2.03
Median Household Income $26,219 ±$2,711
Median Rent $471 ±$83
Percentage Of Renters Overburdened 37.31% ± 9.46pp
Total Population 1,100

Population and Household Demographics

Belle Vernon is a City in Fayette County, Pennsylvania with a population of 1,100. There are 543 households in the city with an average household size of 2.03 persons. 60.22% of households in Belle Vernon are renters.

Income and Rent Overburden in Belle Vernon

The median gross income for households in Belle Vernon is $26,219 a year, or $2,185 a month. The median rent for the city is $471 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Belle Vernon, a household making less than $1,570 a month would be considered overburdened when renting an apartment at or above the median rent. 37.31% of households who rent are overburdened in Belle Vernon.1

Area Median Income In Belle Vernon

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 Belle Vernon, the AMI is calculated from all households within Fayette County.

In Belle Vernon, HUD calculates the Area Median Income for a family of four as $79,900

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 Belle Vernon

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 Belle Vernon HUD Rental Assistance in Belle Vernon

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,800 $19,200 $21,600 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $28,000 $32,000 $36,000 $39,950 $43,150 $46,350 $49,550 $52,750
80% of Median $44,750 $51,150 $57,550 $63,900 $69,050 $74,150 $79,250 $84,350

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 Belle Vernon

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $28,000 $32,000 $36,000 $39,950 $43,150 $46,350 $49,550 $52,750
60% of Median $33,600 $38,400 $43,200 $47,940 $51,780 $55,620 $59,460 $63,300

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 Belle Vernon is $43,200 a year, or $3,600 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,600 by 30% to get a maximum rent of $1,080 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% $700 $750 $900 $1,039 $1,159 $1,279
60% $840 $900 $1,080 $1,247 $1,391 $1,535
Fair Market Rents in Belle Vernon

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
$661 $727 $890 $1,137 $1,248