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Affordable Housing In Buckingham County
Virginia

Housing Authorities that serve Buckingham County

Housing Authority Programs
Buckingham Housing Development Corp. Inc. Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Buckingham County, Virginia

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

Income Based Apartments in Buckingham County, Virginia

Buckingham 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 Buckingham County, Virginia

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

Housing Choice Vouchers in Buckingham County, Virginia

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Buckingham County, Virginia for a two-bedroom apartment is between $669 and $817.

2021 Buckingham 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
Buckingham County, Virginia Fair Market Rent $564 $652 $743 $1,007 $1,140
Buckingham County, Virginia Payment Standard Range $508 to $620 $587 to $717 $669 to $817 $906 to $1,108 $1,026 to $1,254

Sourced from federal housing data and AffordableHousingOnline.com research.

Buckingham 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 22.42%
Average Renter Household Size 2.83
Average Household Size 2.68
Median Household Income $40,331 ±$2,976
Median Rent $685 ±$81
Percentage Of Renters Overburdened 46.5% ± 9.79pp
Total Population 17,068

Population and Household Demographics

Buckingham County is a county in Virginia with a population of 17,068. There are 5,603 households in the county with an average household size of 2.68 persons. 22.42% of households in Buckingham County are renters.

Income and Rent Overburden in Buckingham County

The median gross income for households in Buckingham County is $40,331 a year, or $3,361 a month. The median rent for the county is $685 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Buckingham County, a household making less than $2,283 a month would be considered overburdened when renting an apartment at or above the median rent. 46.5% of households who rent are overburdened in Buckingham County.

Area Median Income In Buckingham 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 Buckingham County, 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 Buckingham 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 Buckingham 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 Buckingham County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,950 $17,240 $21,720 $26,200 $30,680 $35,160 $38,300 $40,750
50% AMI Income Limits
Renters earning up to 50% of the Buckingham County AMI may qualify for rental assistance programs that target Very Low Income households.
$21,600 $24,700 $27,800 $30,850 $33,350 $35,800 $38,300 $40,750
80% AMI Income Limits
Renters earning up to 80% of the Buckingham County AMI may qualify for rental assistance programs that target Low Income households.
$34,550 $39,500 $44,450 $49,350 $53,300 $57,250 $61,200 $65,150

Cities In Buckingham County

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

City Served By
New Canton The HUD funded Public Housing Agency that serves New Canton is the Buckingham Housing Development Corp. Inc..