Affordable Housing In Nelson County
2 Low Income Apartment Communities In Nelson County
Housing Authorities that serve Nelson County
|Nelson County Community Development Foundation||Section 8 Housing Choice Voucher (HCV)|
|Virginia Housing||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Nelson County, Virginia
There are 2 low income housing apartment communities offering 96 affordable apartments for rent in Nelson County, Virginia.
Income Based Apartments in Nelson County, Virginia
Nelson County features 32 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 Nelson County, Virginia
There are 64 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Nelson County.
Housing Choice Vouchers in Nelson County, Virginia
On average, Section 8 Housing Choice vouchers pay Nelson County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Nelson County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Nelson County, Virginia for a two-bedroom apartment is between $1,139 and $1,393.
2021 Nelson 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|
|Nelson County, Virginia Fair Market Rent||$949||$1,077||$1,266||$1,575||$1,965|
|Nelson County, Virginia Payment Standard Range||$854 to $1,044||$969 to $1,185||$1,139 to $1,393||$1,418 to $1,733||$1,769 to $2,162|
Sourced from federal housing data and AffordableHousingOnline.com research.
Nelson County, VA Affordable Housing Snapshot
|Total Affordable Apartment Properties||2|
|Total Low Income Apartments||96|
|Total Housing Units with Rental Assistance||32|
|Percentage of Housing Units Occupied By Renters||27.94%|
|Average Renter Household Size||2.25|
|Average Household Size||2.33|
|Median Household Income||$47,118 ±$6,098|
|Median Rent||$709 ±$109|
|Percentage Of Renters Overburdened||31.9% ± 8.12pp|
Population and Household Demographics
Nelson County is a county in Virginia with a population of 14,858. There are 6,339 households in the county with an average household size of 2.33 persons. 27.94% of households in Nelson County are renters.
Income and Rent Overburden in Nelson County
The median gross income for households in Nelson County is $47,118 a year, or $3,927 a month. The median rent for the county is $709 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Nelson County, a household making less than $2,363 a month would be considered overburdened when renting an apartment at or above the median rent. 31.9% of households who rent are overburdened in Nelson County.
Area Median Income In Nelson 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 Nelson County, HUD calculates the Area Median Income for a family of four as $93,900
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 Nelson 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 Nelson 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 Nelson 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 Nelson 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 Nelson County AMI may qualify for rental assistance programs that target Low Income households.
Cities In Nelson County
Select A City to View its Apartment Communities and Waiting Lists.
|Arrington||The HUD funded Public Housing Agencies that serve Arrington are the Nelson County Community Development Foundation and Virginia Housing.|
|Lovingston||The HUD funded Public Housing Agencies that serve Lovingston are the Nelson County Community Development Foundation and Virginia Housing.|
|Nellysford||The HUD funded Public Housing Agencies that serve Nellysford are the Nelson County Community Development Foundation and Virginia Housing.|
|Schuyler||The HUD funded Public Housing Agencies that serve Schuyler are the Nelson County Community Development Foundation and Virginia Housing.|
|Shipman||The HUD funded Public Housing Agencies that serve Shipman are the Nelson County Community Development Foundation and Virginia Housing.|