Affordable Housing In Amery
Polk County Wisconsin

4 Low Income Apartment Communities In Amery

Pinewood Apartments

Pinewood St
Amery, WI
Subsidized

Apple River Apartments

401 Minneapolis Ave S
Amery, WI
Accessible
Disabled Supportive Housing
Subsidized

Hi Rise and Twin Pines

116 Maple St W
Amery, WI

Pinewood Apartments

502 Pinewood St
Amery, WI
Subsidized
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There are 4 low income housing apartment complexes which contain 107 affordable apartments for rent in Amery. Many of these rental apartments are income based housing with 107 apartments that set rent based on your income. In Amery, HUD housing programs support 12 rental assistance apartments through programs like Project-based Section 8. There are 0 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Amery

Housing Authority Programs
Amery Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Amery, Wisconsin

Amery, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 107
Total Rent Assisted Apartments 107
Percentage of Housing Units Occupied By Renters 36.94%
Average Renter Household Size 1.94
Total Population 2,865
Housing Units 1,248
Average Household Size 2.16
Median Household Income $38,673 ±$2,834
Median Rent $736 ±$160
Percentage Of Renters Overburdened 36.88% ± 14.61pp

Population and Household Demographics

Amery is a City in Polk County, Wisconsin with a population of 2,865. There are 1,248 households in the city with an average household size of 2.16 persons. 36.94% of households in Amery are renters.

Income and Rent Overburden in Amery

The median gross income for households in Amery is $38,673 a year, or $3,223 a month. The median rent for the city is $736 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Amery, a household making less than $2,453 a month would be considered overburdened when renting an apartment at or above the median rent. 36.88% of households who rent are overburdened in Amery.1

Area Median Income In Amery

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 Amery, the AMI is calculated from all households within Polk County.

In Amery, HUD calculates the Area Median Income for a family of four as $66,800

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 Amery

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 Amery HUD Rental Assistance in Amery

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,350 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,950 $27,400 $30,800 $34,200 $36,950 $39,700 $42,450 $45,150
80% of Median $38,300 $43,800 $49,250 $54,700 $59,100 $63,500 $67,850 $72,250
Low Income Housing Tax Credits in Amery

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1991 to 1991, 1 low income apartment communities containing 8 rental apartments have been constructed and made affordable to low income persons in Amery 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 Amery

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $28,740 $32,880 $36,960 $41,040 $44,340 $47,640 $50,940 $54,180

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 Amery is $36,960 a year, or $3,080 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,080 by 30% to get a maximum rent of $924 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% $599 $642 $770 $889 $993 $1,095
60% $719 $770 $924 $1,067 $1,191 $1,314
Fair Market Rents in Amery

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
$502 $590 $781 $1,045 $1,077