St Thomas, Virgin Islands Affordable Housing Data

Income Based Apartments in St Thomas, Virgin Islands

St Thomas 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 St Thomas, Virgin Islands

There are 80 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in St Thomas.

Housing Choice Vouchers in St Thomas, Virgin Islands

On average, Section 8 Housing Choice vouchers pay St Thomas landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in St Thomas.

Sourced from federal housing data and AffordableHousingOnline.com research.

Area Median Income In St Thomas

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 St Thomas, HUD calculates the Area Median Income for a family of four as $0

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 St Thomas

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.