Affordable Housing In New Beaver
Lawrence County, Pennsylvania

Housing Authorities that serve New Beaver

Housing Authority Programs
Housing Authority of the County of Lawrence Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in New Beaver, Pennsylvania

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

Income Based Apartments in New Beaver, Pennsylvania

New Beaver 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 New Beaver, Pennsylvania

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

Housing Choice Vouchers in New Beaver, Pennsylvania

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

The maximum amount a voucher would pay on behalf of a low-income tenant in New Beaver, Pennsylvania for a two-bedroom apartment is between $687 and $839.

2020 New Beaver, 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
Fair Market Rent $497 $580 $763 $951 $1,092
Payment Standard Range $447 to $547 $522 to $638 $687 to $839 $856 to $1,046 $983 to $1,201

Sourced from federal housing data and AffordableHousingOnline.com research.

New Beaver, 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 15.65%
Average Renter Household Size 2.15
Average Household Size 2.43
Median Household Income $43,125 ±$5,169
Median Rent $514 ±$26
Percentage Of Renters Overburdened 24% ± 22.45pp
Total Population 1,554

Population and Household Demographics

New Beaver is a City in Lawrence County, Pennsylvania with a population of 1,554. There are 639 households in the city with an average household size of 2.43 persons. 15.65% of households in New Beaver are renters.

Income and Rent Overburden in New Beaver

The median gross income for households in New Beaver is $43,125 a year, or $3,594 a month. The median rent for the city is $514 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In New Beaver, a household making less than $1,713 a month would be considered overburdened when renting an apartment at or above the median rent. 24% of households who rent are overburdened in New Beaver.1

Area Median Income In New Beaver

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

In New Beaver, HUD calculates the Area Median Income for a family of four as $65,000

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 New Beaver

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 New Beaver HUD Rental Assistance in New Beaver

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,650 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $42,900
50% of Median $22,750 $26,000 $29,250 $32,500 $35,100 $37,700 $40,300 $42,900
80% of Median $36,400 $41,600 $46,800 $52,000 $56,200 $60,350 $64,500 $68,650