Affordable Housing In Fentress County
12 Low Income Apartment Communities In Fentress County
Housing Authorities that serve Fentress County
|Tennessee Housing Development Agency Central Office||Section 8 Housing Choice Voucher (HCV); Mainstream Voucher|
|Tennessee Housing Development Agency East Tennessee Office||Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency|
Guide To Affordable Housing in Fentress County, Tennessee
There are 12 low income housing apartment communities offering 435 affordable apartments for rent in Fentress County, Tennessee. Fentress County features 233 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 202 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Fentress County.
Sourced from federal housing data and AffordableHousingOnline.com research.
Fentress County, TN Affordable Housing Snapshot
|Total Affordable Apartment Properties||12|
|Total Low Income Apartments||435|
|Total Housing Units with Rental Assistance||233|
|Percentage of Housing Units Occupied By Renters||22.73%|
|Average Renter Household Size||2.41|
|Average Household Size||2.43|
|Median Household Income||$30,259 ±$2,701|
|Median Rent||$506 ±$44|
|Percentage Of Renters Overburdened||33.49% ± 7.85pp|
Population and Household Demographics
Fentress County is a County in Tennessee with a population of 17,931. There are 7,304 households in the county with an average household size of 2.43 persons. 22.73% of households in Fentress County are renters.
Income and Rent Overburden in Fentress County
The median gross income for households in Fentress County is $30,259 a year, or $2,522 a month. The median rent for the county is $506 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fentress County, a household making less than $1,687 a month would be considered overburdened when renting an apartment at or above the median rent. 33.49% of households who rent are overburdened in Fentress County.1
Area Median Income In Fentress County
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.
In Fentress County, HUD calculates the Area Median Income for a family of four as $40,300
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 Fentress County
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 Fentress County HUD Rental Assistance in Fentress County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$12,490||$16,910||$21,330||$25,750||$28,350||$30,450||$32,550||$34,650|
|50% of Median||$18,400||$21,000||$23,650||$26,250||$28,350||$30,450||$32,550||$34,650|
|80% of Median||$29,400||$33,600||$37,800||$42,000||$45,400||$48,750||$52,100||$55,450|
Fair Market Rents in Fentress County
Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.
2020 Fair Market Rents
|Studio||One BR||Two BR||Three BR||Four BR|
Cities In Fentress County
Select A City to View its Apartment Communities and Waiting Lists.
|Jamestown||12||The HUD funded Public Housing Agencies that serve Jamestown are the Tennessee Housing Development Agency Central Office, Tennessee Housing Development Agency East Tennessee Office and Crossville Housing Authority.|
|Allardt||0||The HUD funded Public Housing Agencies that serve Allardt are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency East Tennessee Office.|
|Clarkrange||0||The HUD funded Public Housing Agencies that serve Clarkrange are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency East Tennessee Office.|
|Grimsley||0||The HUD funded Public Housing Agencies that serve Grimsley are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency East Tennessee Office.|