Affordable Housing In Forest City
Susquehanna County, Pennsylvania

1 Low Income Apartment Communities In Forest City

William Penn Apartments

331 Main St
Forest City, Pennsylvania
Subsidized
  • «
  • 1
  • »

Housing Authorities that serve Forest City

Housing Authority Programs
Susquehanna County Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Forest City, Pennsylvania

There are 1 low income housing apartment communities offering 50 affordable apartments for rent in Forest City, Pennsylvania.

Income Based Apartments in Forest City, Pennsylvania

Forest City features 50 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 Forest City, Pennsylvania

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

Housing Choice Vouchers in Forest City, Pennsylvania

On average, Section 8 Housing Choice vouchers pay Forest City landlords $400 per month towards rent. The average voucher holder contributes $400 towards rent in Forest City.

The maximum amount a voucher would pay on behalf of a low-income tenant in Forest City, Pennsylvania for a two-bedroom apartment is between $703 and $859.

2021 Forest City, 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
Forest City, Pennsylvania Fair Market Rent $515 $600 $781 $1,023 $1,159
Forest City, Pennsylvania Payment Standard Range $464 to $567 $540 to $660 $703 to $859 $921 to $1,125 $1,043 to $1,275

Sourced from federal housing data and AffordableHousingOnline.com research.

Forest City, PA Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 50
Total Housing Units with Rental Assistance 50
Percentage of Housing Units Occupied By Renters 39.95%
Average Renter Household Size 2.16
Average Household Size 2.39
Median Household Income $38,625 ±$4,742
Median Rent $658 ±$62
Percentage Of Renters Overburdened 45.38% ± 14.85pp
Total Population 2,162

Population and Household Demographics

Forest City is a city in Susquehanna County, Pennsylvania with a population of 2,162. There are 866 households in the city with an average household size of 2.39 persons. 39.95% of households in Forest City are renters.

Income and Rent Overburden in Forest City

The median gross income for households in Forest City is $38,625 a year, or $3,219 a month. The median rent for the city is $658 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Forest City, a household making less than $2,193 a month would be considered overburdened when renting an apartment at or above the median rent. 45.38% of households who rent are overburdened in Forest City.

Area Median Income In Forest City

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 Forest City, the AMI is calculated from all households within Susquehanna County.

In Forest City, HUD calculates the Area Median Income for a family of four as $66,700

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 Forest City

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 Forest City

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 Forest City AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,000 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,050
50% AMI Income Limits
Renters earning up to 50% of the Forest City AMI may qualify for rental assistance programs that target Very Low Income households.
$23,350 $26,700 $30,050 $33,350 $36,050 $38,700 $41,400 $44,050
80% AMI Income Limits
Renters earning up to 80% of the Forest City AMI may qualify for rental assistance programs that target Low Income households.
$37,350 $42,700 $48,050 $53,350 $57,650 $61,900 $66,200 $70,450