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Affordable Housing In Bland County

Guide To Affordable Housing in Bland County, Virginia

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Bland County, Virginia.

Income Based Apartments in Bland County, Virginia

Bland County 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 Bland County, Virginia

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bland County.

Housing Choice Vouchers in Bland County, Virginia

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Bland County, Virginia for a two-bedroom apartment is between $631 and $771.

2021 Bland County, Virginia 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
Bland County, Virginia Fair Market Rent $472 $556 $701 $950 $1,035
Bland County, Virginia Payment Standard Range $425 to $519 $500 to $612 $631 to $771 $855 to $1,045 $932 to $1,139

Sourced from federal housing data and research.

Bland County, VA 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 20.08%
Average Renter Household Size 2.25
Average Household Size 2.19
Median Household Income $45,294 ±$3,389
Median Rent $580 ±$140
Percentage Of Renters Overburdened 29.14% ± 16.04pp
Total Population 6,662

Population and Household Demographics

Bland County is a county in Virginia with a population of 6,662. There are 2,614 households in the county with an average household size of 2.19 persons. 20.08% of households in Bland County are renters.

Income and Rent Overburden in Bland County

The median gross income for households in Bland County is $45,294 a year, or $3,775 a month. The median rent for the county is $580 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bland County, a household making less than $1,933 a month would be considered overburdened when renting an apartment at or above the median rent. 29.14% of households who rent are overburdened in Bland County.

Area Median Income In Bland 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 Bland County, HUD calculates the Area Median Income for a family of four as $62,200

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 Bland 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 HUD Rental Assistance in Bland County

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 Bland County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,100 $17,240 $21,720 $26,200 $30,680 $35,160 $38,600 $41,100
50% AMI Income Limits
Renters earning up to 50% of the Bland County AMI may qualify for rental assistance programs that target Very Low Income households.
$21,800 $24,900 $28,000 $31,100 $33,600 $36,100 $38,600 $41,100
80% AMI Income Limits
Renters earning up to 80% of the Bland County AMI may qualify for rental assistance programs that target Low Income households.
$34,850 $39,800 $44,800 $49,750 $53,750 $57,750 $61,700 $65,700