Affordable Housing In Chesterfield County
11 Low Income Apartment Communities In Chesterfield County
Section 8 Vouchers, Apartments, and Waiting Lists in Chesterfield County, Virginia
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.
Public Housing Agencies Serving Chesterfield County, Virginia
|Virginia Housing||Section 8 Housing Choice Voucher (HCV)|
|Central Virginia Resource Corporation - Main||Section 8 Housing Choice Voucher (HCV)|
|Richmond Redevelopment and Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH)|
Guide To Affordable Housing in Chesterfield County, Virginia
There are 11 low income housing apartment communities offering 915 affordable apartments for rent in Chesterfield County, Virginia.
Income Based Apartments in Chesterfield County, Virginia
Chesterfield County features 86 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 Chesterfield County, Virginia
There are 760 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Chesterfield County.
Housing Choice Vouchers in Chesterfield County, Virginia
On average, Section 8 Housing Choice vouchers pay Chesterfield County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Chesterfield County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Chesterfield County, Virginia for a two-bedroom apartment is between $1,070 and $1,308.
2022 Chesterfield 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|
|Chesterfield County, Virginia Fair Market Rent||$1,022||$1,044||$1,189||$1,556||$1,864|
|Chesterfield County, Virginia Payment Standard Range||$920 to $1,124||$940 to $1,148||$1,070 to $1,308||$1,400 to $1,712||$1,678 to $2,050|
Sourced from federal housing data and AffordableHousingOnline.com research.
Chesterfield County, VA Affordable Housing Snapshot
|Total Affordable Apartment Properties||11|
|Total Low Income Apartments||915|
|Total Housing Units with Rental Assistance||86|
|Percentage of Housing Units Occupied By Renters||23.67%|
|Average Renter Household Size||2.66|
|Average Household Size||2.78|
|Median Household Income||$72,609 ±$1,175|
|Median Rent||$1,123 ±$15|
|Percentage Of Renters Overburdened||45.79% ± 2.47pp|
Population and Household Demographics
Chesterfield County is a county in Virginia with a population of 328,176. There are 116,797 households in the county with an average household size of 2.78 persons. 23.67% of households in Chesterfield County are renters.
Income and Rent Overburden in Chesterfield County
The median gross income for households in Chesterfield County is $72,609 a year, or $6,051 a month. The median rent for the county is $1,123 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Chesterfield County, a household making less than $3,743 a month would be considered overburdened when renting an apartment at or above the median rent. 45.79% of households who rent are overburdened in Chesterfield County.
Area Median Income In Chesterfield 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 Chesterfield County, HUD calculates the Area Median Income for a family of four as $90,000
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 Chesterfield 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 Chesterfield 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 Chesterfield County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Chesterfield County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Chesterfield County AMI may qualify for rental assistance programs that target Low Income households.
Cities In Chesterfield County
Select A City to View its Apartment Communities and Waiting Lists.