Affordable Housing In Hardeman County
Tennessee

12 Low Income Apartment Communities In Hardeman County

Zion Temple Home

222 Malone St
Bolivar, TN
Subsidized

Hope Hall Center ( Aka Country View )

Hope Hall Center
Toone, TN
HCV Welcome

There are 12 low income housing apartment complexes which contain 417 affordable apartments for rent in Hardeman County. Many of these rental apartments are income based housing with 270 apartments that set rent based on your income. In Hardeman County, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 147 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Hardeman County

Housing Authority Programs
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher (HCV)
Tennessee Housing Development Agency West Tennessee Office Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-sufficiency; Veteran Affairs Supportive Housing (VASH); Mainstream Voucher

Other Housing Authorities located in Hardeman County

Housing Authority Programs
Bolivar Housing Authority Public Housing

Guide To Affordable Housing in Hardeman County, Tennessee

Hardeman County, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 417
Total Rent Assisted Apartments 270
Percentage of Housing Units Occupied By Renters 28.42%
Average Renter Household Size 2.80
Total Population 26,253
Housing Units 8,737
Average Household Size 2.59
Median Household Income $31,801 ±$1,907
Median Rent $616 ±$41
Percentage Of Renters Overburdened 52.92% ± 8pp

Population and Household Demographics

Hardeman County is a County in Tennessee with a population of 26,253. There are 8,737 households in the county with an average household size of 2.59 persons. 28.42% of households in Hardeman County are renters.

Income and Rent Overburden in Hardeman County

The median gross income for households in Hardeman County is $31,801 a year, or $2,650 a month. The median rent for the county is $616 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hardeman County, a household making less than $2,053 a month would be considered overburdened when renting an apartment at or above the median rent. 52.92% of households who rent are overburdened in Hardeman County.1

Area Median Income In Hardeman 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 Hardeman County, HUD calculates the Area Median Income for a family of four as $46,600

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 Hardeman 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 Hardeman County HUD Rental Assistance in Hardeman 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
Low Income Housing Tax Credits in Hardeman County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1988 to 1994, 2 low income apartment communities containing 49 rental apartments have been constructed and made affordable to low income persons in Hardeman County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Hardeman County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $22,080 $25,200 $28,380 $31,500 $34,020 $36,540 $39,060 $41,580

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Hardeman County is $28,380 a year, or $2,365 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,365 by 30% to get a maximum rent of $710 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $460 $493 $591 $683 $761 $840
60% $552 $591 $710 $819 $914 $1,008
Fair Market Rents in Hardeman 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.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$457 $468 $619 $845 $926

Cities In Hardeman County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Bolivar 8 The HUD funded Public Housing Agencies that serve Bolivar are the Bolivar Housing Authority, Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Whiteville 2 The HUD funded Public Housing Agencies that serve Whiteville are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Toone 1 The HUD funded Public Housing Agencies that serve Toone are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Middleton 1 The HUD funded Public Housing Agencies that serve Middleton are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Hickory Valley 0 The HUD funded Public Housing Agencies that serve Hickory Valley are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Hornsby 0 The HUD funded Public Housing Agencies that serve Hornsby are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.
Saulsbury 0 The HUD funded Public Housing Agencies that serve Saulsbury are the Tennessee Housing Development Agency Central Office and Tennessee Housing Development Agency West Tennessee Office.