Affordable Housing In Thompson Springs
Guide To Affordable Housing in Thompson Springs, Utah
There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Thompson Springs, Utah.
Income Based Apartments in Thompson Springs, Utah
Thompson Springs 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 Thompson Springs, Utah
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Thompson Springs.
Housing Choice Vouchers in Thompson Springs, Utah
On average, Section 8 Housing Choice vouchers pay Thompson Springs landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Thompson Springs.
The maximum amount a voucher would pay on behalf of a low-income tenant in Thompson Springs, Utah for a two-bedroom apartment is between $729 and $891.
2021 Thompson Springs, Utah 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|
|Thompson Springs, Utah Fair Market Rent||$573||$615||$810||$1,159||$1,315|
|Thompson Springs, Utah Payment Standard Range||$516 to $630||$554 to $677||$729 to $891||$1,043 to $1,275||$1,184 to $1,447|
Sourced from federal housing data and AffordableHousingOnline.com research.
Thompson Springs, UT 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||%|
|Average Renter Household Size||0.00|
|Average Household Size||4.47|
|Median Household Income||$0 ±$0|
|Median Rent||$0 ±$0|
Population and Household Demographics
Thompson Springs is a city in Grand County, Utah with a population of 85. There are 19 households in the city with an average household size of 4.47 persons. % of households in Thompson Springs are renters.
Income and Rent Overburden in Thompson Springs
The median gross income for households in Thompson Springs is $0 a year, or $0 a month. The median rent for the city is $0 a month.
Area Median Income In Thompson Springs
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 Thompson Springs, the AMI is calculated from all households within Grand County.
In Thompson Springs, HUD calculates the Area Median Income for a family of four as $61,700
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 Thompson Springs
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 Thompson Springs
|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 Thompson Springs AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Thompson Springs AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Thompson Springs AMI may qualify for rental assistance programs that target Low Income households.