Affordable Housing In Portsmouth
8 Low Income Apartment Communities In Portsmouth
Housing Authorities that serve Portsmouth
|Portsmouth Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|Rhode Island Housing||Section 8 Housing Choice Voucher (HCV)|
|Rhode Island Housing Choice Voucher Program Centralized Wait List||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Portsmouth, Rhode Island
There are 8 low income housing apartment communities offering 238 affordable apartments for rent in Portsmouth, Rhode Island.
Income Based Apartments in Portsmouth, Rhode Island
Portsmouth features 168 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 Portsmouth, Rhode Island
There are 70 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Portsmouth.
Housing Choice Vouchers in Portsmouth, Rhode Island
On average, Section 8 Housing Choice vouchers pay Portsmouth landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Portsmouth.
The maximum amount a voucher would pay on behalf of a low-income tenant in Portsmouth, Rhode Island for a two-bedroom apartment is between $1,352 and $1,652.
2021 Portsmouth, Rhode Island 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|
|Portsmouth, Rhode Island Fair Market Rent||$1,027||$1,157||$1,502||$2,122||$2,601|
|Portsmouth, Rhode Island Payment Standard Range||$924 to $1,130||$1,041 to $1,273||$1,352 to $1,652||$1,910 to $2,334||$2,341 to $2,861|
Sourced from federal housing data and AffordableHousingOnline.com research.
Portsmouth, RI Affordable Housing Snapshot
|Total Affordable Apartment Properties||8|
|Total Low Income Apartments||238|
|Total Housing Units with Rental Assistance||168|
|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|
Population and Household Demographics
Portsmouth is a city in Newport County, Rhode Island with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Portsmouth are renters.
Income and Rent Overburden in Portsmouth
The median gross income for households in Portsmouth is $0 a year, or $0 a month. The median rent for the city is $0 a month.
Area Median Income In Portsmouth
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 Portsmouth, the AMI is calculated from all households within Newport County.
In Portsmouth, HUD calculates the Area Median Income for a family of four as $86,500
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 Portsmouth
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 Portsmouth
|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 Portsmouth AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Portsmouth AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Portsmouth AMI may qualify for rental assistance programs that target Low Income households.