Affordable Housing In Elk
Warren County, Pennsylvania

Housing Authorities that serve Elk

Guide To Affordable Housing in Elk, Pennsylvania

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

Income Based Apartments in Elk, Pennsylvania

Elk 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 Elk, Pennsylvania

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

Housing Choice Vouchers in Elk, Pennsylvania

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Elk, Pennsylvania for a two-bedroom apartment is between $643 and $785.

2020 Elk, 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.

Sourced from federal housing data and AffordableHousingOnline.com research.

Elk, PA Affordable Housing Snapshot

Population and Household Demographics

Elk is a city in Warren County, Pennsylvania with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Elk are renters.

Income and Rent Overburden in Elk

The median gross income for households in Elk is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Elk

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 Elk, the AMI is calculated from all households within Warren County.

In Elk, HUD calculates the Area Median Income for a family of four as $62,500

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 Elk

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 Elk