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. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811. Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. In Citrus Park, HUD calculates the Area Median Income for a family of four as $72,700 For Citrus Park, the AMI is calculated from all households within Hillsborough County. 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. The AMI is calculated and published each year by HUD. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. Each household's income is compared to the incomes of all other households in the area. In Citrus Park, a household making less than $3,767 a month would be considered overburdened when renting an apartment at or above the median rent.ĥ9.38% of households who rent are overburdened in Citrus Park.Īffordable housing program eligibility is always determined by one's income. Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. The median gross income for households in Citrus Park is $61,911 a year, or $5,159 a month. Income and Rent Overburden in Citrus Park 31.49% of households in Citrus Park are renters. There are 9,177 households in the city with an average household size of 2.78 persons. Percentage of Housing Units Occupied By RentersĬitrus Park is a city in Hillsborough County, Florida with a population of 25,570. Total Housing Units with Rental Assistance Report this ad Citrus Park, FL Affordable Housing Snapshot
Sourced from federal housing data and research. 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.Ĭitrus Park, Florida Payment Standard Range 2022 Citrus Park, Florida Fair Market Rents and Housing Choice Voucher Payment Standardsįair Market Rents can be used to better understand the average housing costs of an area. The maximum amount a voucher would pay on behalf of a low-income tenant in Citrus Park, Florida for a two-bedroom apartment is between $1,212 and $1,482. The average voucher holder contributes $400 towards rent in Citrus Park. On average, Section 8 Housing Choice vouchers pay Citrus Park landlords $700 per month towards rent. Housing Choice Vouchers in Citrus Park, Florida There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Citrus Park. Low Rent Apartments in Citrus Park, Florida Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. Income Based Apartments in Citrus Park, FloridaĬitrus Park features 0 income based apartments. There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Citrus Park, Florida. Guide To Affordable Housing in Citrus Park, Florida Section 8 Housing Choice Voucher (HCV) Public Housing Section 8 Project-Based Voucher (PBV) Public Housing Agencies Serving Citrus Park, Florida Housing Authority Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord. Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Affordable Housing In Citrus Park Hillsborough County,įlorida Section 8 Vouchers, Apartments, and Waiting Lists in Citrus Park, Florida
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