Affordable Housing In Huntingdon
Carroll County, Tennessee

4 Low Income Apartment Communities In Huntingdon

Hillcourt Apartments

537 Hillcourt Circle
Huntingdon, TN
Call For Rent
2-4 BR
Subsidized

Drew Court

431 Hillcourt Cir
Huntingdon, TN

Hunter Ridge Apartments

60 Cotham Dr
Huntingdon, TN
HCV Welcome

Carey Counseling Center, Inc

Cherry Blossom Ln
Huntingdon, TN
HCV Welcome
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Housing Authorities that serve Huntingdon

Housing Authority Programs
Huntingdon Housing Authority Public Housing
Tennessee Housing Development Agency Central Office Section 8 Housing Choice Voucher (HCV); Mainstream Voucher
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

Guide To Affordable Housing in Huntingdon, Tennessee

There are 4 low income housing apartment communities offering 239 affordable apartments for rent in Huntingdon, Tennessee. Huntingdon features 188 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 51 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Huntingdon.

Sourced from federal housing data and AffordableHousingOnline.com research.

Huntingdon, TN Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 239
Total Housing Units with Rental Assistance 188
Percentage of Housing Units Occupied By Renters 32.82%
Average Renter Household Size 2.20
Average Household Size 2.52
Median Household Income $24,909 ±$14,315
Median Rent $507 ±$305
Percentage Of Renters Overburdened 59.14% ± 23.6pp
Total Population 3,962

Population and Household Demographics

Huntingdon is a City in Carroll County, Tennessee with a population of 3,962. There are 1,484 households in the city with an average household size of 2.52 persons. 32.82% of households in Huntingdon are renters.

Income and Rent Overburden in Huntingdon

The median gross income for households in Huntingdon is $24,909 a year, or $2,076 a month. The median rent for the city is $507 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Huntingdon, a household making less than $1,690 a month would be considered overburdened when renting an apartment at or above the median rent. 59.14% of households who rent are overburdened in Huntingdon.1

Area Median Income In Huntingdon

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 Huntingdon, the AMI is calculated from all households within Carroll County.

In Huntingdon, HUD calculates the Area Median Income for a family of four as $50,200

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 Huntingdon

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 Huntingdon HUD Rental Assistance in Huntingdon

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 Huntingdon

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

From 2011 to 2011, 1 low income apartment communities containing 43 rental apartments have been constructed and made affordable to low income persons in Huntingdon 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 Huntingdon

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $18,400 $21,000 $23,650 $26,250 $28,350 $30,450 $32,550 $34,650
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 Huntingdon 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 Huntingdon

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
$492 $570 $649 $809 $879