Affordable Housing In Lima
Sheboygan County, Wisconsin

Housing Authorities that serve Lima

Housing Authority Programs
Wisconsin Housing and Economic Development Authority Section 8 Housing Choice Voucher (HCV)
Integrated Community Solutions Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Lima, Wisconsin

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Lima, Wisconsin.

Income Based Apartments in Lima, Wisconsin

Lima features 0 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 Lima, Wisconsin

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lima.

Housing Choice Vouchers in Lima, Wisconsin

On average, Section 8 Housing Choice vouchers pay Lima landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Lima.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lima, Wisconsin for a two-bedroom apartment is between $692 and $846.

2021 Lima, Wisconsin 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
Lima, Wisconsin Fair Market Rent $535 $644 $769 $985 $1,147
Lima, Wisconsin Payment Standard Range $482 to $589 $580 to $708 $692 to $846 $887 to $1,084 $1,032 to $1,262

Sourced from federal housing data and AffordableHousingOnline.com research.

Lima, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Lima is a city in Sheboygan County, Wisconsin with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Lima are renters.

Income and Rent Overburden in Lima

The median gross income for households in Lima is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Lima

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 Lima, the AMI is calculated from all households within Sheboygan County.

In Lima, HUD calculates the Area Median Income for a family of four as $79,600

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 Lima

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 Lima

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 Lima AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,200 $18,500 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Lima AMI may qualify for rental assistance programs that target Very Low Income households.
$26,950 $30,800 $34,650 $38,500 $41,600 $44,700 $47,750 $50,850
80% AMI Income Limits
Renters earning up to 80% of the Lima AMI may qualify for rental assistance programs that target Low Income households.
$43,150 $49,300 $55,450 $61,600 $66,550 $71,500 $76,400 $81,350