Low Income Apartments In Grant County
Washington
Low Income Apartments In Grant County
Parkview & Third Avenue Apartments
There are 51 low income housing apartment complexes which contain 2,025 affordable apartments for rent in Grant County. Many of these rental apartments are income based housing with 988 apartments that set rent based on your income. In Grant County, HUD housing programs support 281 rental assistance apartments through programs like Project-based Section 8. There are 1,037 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.
Housing Authorities that serve Grant County
| Housing Authority | Programs |
|---|---|
| Housing Authority of Grant County | Section 8 Housing Choice Voucher (HCV); Public Housing |
Guide To Affordable Housing in Grant County, Washington
Grant County, WA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 51 |
|---|---|
| Total Low Income Apartments | 2,025 |
| Total Rent Assisted Apartments | 988 |
| Percentage of Housing Units Occupied By Renters | 39.49% |
| Average Renter Household Size | 3.23 |
| Total Population | 92,070 |
| Housing Units | 30,358 |
| Average Household Size | 3.00 |
| Median Household Income | $48,714 ±$2,269 |
| Median Rent | $696 ±$26 |
| Percentage Of Renters Overburdened | 33.86% ± 3.54pp |
Population and Household Demographics
Grant County is a County in Washington with a population of 92,070. There are 30,358 households in the county with an average household size of 3.00 persons. 39.49% of households in Grant County are renters.
Income and Rent Overburden in Grant County
The median gross income for households in Grant County is $48,714 a year, or $4,060 a month. The median rent for the county is $696 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Grant County, a household making less than $2,320 a month would be considered overburdened when renting an apartment at or above the median rent. 33.86% of households who rent are overburdened in Grant County.1
Area Median Income In Grant 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 Grant County, HUD calculates the Area Median Income for a family of four as $54,700
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 Grant 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 Grant County HUD Rental Assistance in Grant County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% of Median | $13,550 | $16,910 | $21,330 | $25,750 | $30,170 | $34,590 | $39,010 | $42,450 |
| 50% of Median | $22,550 | $25,750 | $28,950 | $32,150 | $34,750 | $37,300 | $39,900 | $42,450 |
| 80% of Median | $36,050 | $41,200 | $46,350 | $51,450 | $55,600 | $59,700 | $63,800 | $67,950 |
Low Income Housing Tax Credits in Grant County
The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.
From 1988 to 2009, 31 low income apartment communities containing 1,111 rental apartments have been constructed and made affordable to low income persons in Grant County by the Low Income Housing Tax Credit Program.
If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.
Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.
Income Qualifications for Low Income Housing Tax Credit Apartments in Grant County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 60% of Median | $27,060 | $30,900 | $34,740 | $38,580 | $41,700 | $44,760 | $47,880 | $50,940 |
For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Grant County is $34,740 a year, or $2,895 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,895 by 30% to get a maximum rent of $869 a month.
Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.
| % of AMI | Studio | 1 Bed | 2 Bed | 3 Bed | 4 Bed | 5 Bed |
|---|---|---|---|---|---|---|
| 50% | $564 | $604 | $724 | $836 | $933 | $1,029 |
| 60% | $677 | $725 | $869 | $1,004 | $1,119 | $1,235 |
Fair Market Rents in Grant County
Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.
2019 Fair Market Rents
| Studio | One BR | Two BR | Three BR | Four BR |
|---|---|---|---|---|
| $516 | $642 | $793 | $1,081 | $1,166 |
Cities In Grant County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Listings | Served By |
|---|---|---|
| Moses Lake | 16 | The HUD funded Public Housing Agency that serves Moses Lake is the Housing Authority of Grant County. |
| Soap Lake | 2 | The HUD funded Public Housing Agency that serves Soap Lake is the Housing Authority of Grant County. |
| Warden | 5 | The HUD funded Public Housing Agency that serves Warden is the Housing Authority of Grant County. |
| Royal City | 4 | The HUD funded Public Housing Agency that serves Royal City is the Housing Authority of Grant County. |
| Mattawa | 4 | The HUD funded Public Housing Agency that serves Mattawa is the Housing Authority of Grant County. |
| Coulee City | 1 | The HUD funded Public Housing Agency that serves Coulee City is the Housing Authority of Grant County. |
| Ephrata | 7 | |
| Quincy | 9 | |
| Grand Coulee | 2 | |
| Banks Lake South | 0 | |
| Cascade Valley | 0 | |
| Desert Aire | 0 | |
| Electric City | 0 | |
| George | 1 | |
| Hartline | 0 | |
| Krupp | 0 | |
| Lakeview | 0 | |
| Moses Lake North | 0 | |
| Wilson Creek | 0 |
