Affordable Housing In Franklin
Beaver County, Pennsylvania

5 Low Income Apartment Communities In Franklin

Housing Authorities that serve Franklin

Housing Authority	Programs
Housing Authority of the County of Beaver	Section 8 Housing Choice Voucher (HCV); Public Housing; Mainstream Voucher

Guide To Affordable Housing in Franklin, Pennsylvania

There are 5 low income housing apartment communities offering 465 affordable apartments for rent in Franklin, Pennsylvania.

Income Based Apartments in Franklin, Pennsylvania

Franklin features 465 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 Franklin, Pennsylvania

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

Housing Choice Vouchers in Franklin, Pennsylvania

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

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

2021 Franklin, 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
Franklin, Pennsylvania Fair Market Rent	$714	$772	$940	$1,206	$1,321
Franklin, 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.

Franklin, PA Affordable Housing Snapshot

Total Affordable Apartment Properties	5
Total Low Income Apartments	465
Total Housing Units with Rental Assistance	465
Percentage of Housing Units Occupied By Renters	%
Average Renter Household Size	0.00
Average Household Size	0.00
Median Household Income	$0 ±$0
Median Rent	$0 ±$0
Total Population	0

Population and Household Demographics

Franklin is a city in Beaver 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 Franklin are renters.

Income and Rent Overburden in Franklin

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

Area Median Income In Franklin

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 Franklin, the AMI is calculated from all households within Beaver County.

In Franklin, HUD calculates the Area Median Income for a family of four as $84,800

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 Franklin

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 Franklin

	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 Franklin AMI may qualify for rental assistance programs that target Extremely Low Income households.	$17,850	$20,400	$22,950	$26,500	$31,040	$35,580	$40,120	$44,660
50% AMI Income Limits Renters earning up to 50% of the Franklin AMI may qualify for rental assistance programs that target Very Low Income households.	$29,700	$33,950	$38,200	$42,400	$45,800	$49,200	$52,600	$56,000
80% AMI Income Limits Renters earning up to 80% of the Franklin AMI may qualify for rental assistance programs that target Low Income households.	$47,500	$54,300	$61,100	$67,850	$73,300	$78,750	$84,150	$89,600