Affordable Housing In Woodbridge
Prince William County,
Virginia
19 Low Income Apartment Communities In Woodbridge
Lakeridge Fellowship House
Housing Authorities that serve Woodbridge
| Housing Authority | Programs |
|---|---|
| Prince William County Office of Housing and Community Development | Section 8 Housing Choice Voucher (HCV) |
Guide To Affordable Housing in Woodbridge, Virginia
There are 19 low income housing apartment communities offering 2,342 affordable apartments for rent in Woodbridge, Virginia.
Income Based Apartments in Woodbridge, Virginia
Woodbridge features 100 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 Woodbridge, Virginia
There are 2,242 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Woodbridge.
Housing Choice Vouchers in Woodbridge, Virginia
On average, Section 8 Housing Choice vouchers pay Woodbridge landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Woodbridge.
The maximum amount a voucher would pay on behalf of a low-income tenant in Woodbridge, Virginia for a two-bedroom apartment is between $1,589 and $1,942.
2021 Woodbridge, 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 | |
|---|---|---|---|---|---|
| Woodbridge, Virginia Fair Market Rent | $1,513 | $1,548 | $1,765 | $2,263 | $2,742 |
| Woodbridge, Virginia Payment Standard Range | $1,362 to $1,664 | $1,393 to $1,703 | $1,589 to $1,942 | $2,037 to $2,489 | $2,468 to $3,016 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Woodbridge, VA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 19 |
|---|---|
| Total Low Income Apartments | 2,342 |
| Total Housing Units with Rental Assistance | 100 |
| Percentage of Housing Units Occupied By Renters | 36.7% |
| Average Renter Household Size | 2.23 |
| Average Household Size | 2.49 |
| Median Household Income | $106,818 ±$13,716 |
| Median Rent | $1,601 ±$389 |
| Percentage Of Renters Overburdened | 51.22% ± 16.08pp |
| Total Population | 4,448 |
Population and Household Demographics
Woodbridge is a city in Prince William County, Virginia with a population of 4,448. There are 1,782 households in the city with an average household size of 2.49 persons. 36.7% of households in Woodbridge are renters.
Income and Rent Overburden in Woodbridge
The median gross income for households in Woodbridge is $106,818 a year, or $8,902 a month. The median rent for the city is $1,601 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Woodbridge, a household making less than $5,337 a month would be considered overburdened when renting an apartment at or above the median rent. 51.22% of households who rent are overburdened in Woodbridge.
Area Median Income In Woodbridge
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.
HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Woodbridge, the AMI is calculated from all households within Prince William County.
In Woodbridge, HUD calculates the Area Median Income for a family of four as $129,000
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 Woodbridge
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 Woodbridge
| 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 Woodbridge AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$27,100 | $31,000 | $34,850 | $38,700 | $41,800 | $44,900 | $48,000 | $51,100 |
| 50% AMI Income Limits Renters earning up to 50% of the Woodbridge AMI may qualify for rental assistance programs that target Very Low Income households. |
$45,150 | $51,600 | $58,050 | $64,500 | $69,700 | $74,850 | $80,000 | $85,150 |
| 80% AMI Income Limits Renters earning up to 80% of the Woodbridge AMI may qualify for rental assistance programs that target Low Income households. |
$57,650 | $65,850 | $74,100 | $82,300 | $88,900 | $95,500 | $102,100 | $108,650 |
