![]() ![]() Renters earning up to 80% of the Lock Haven AMI may qualify for rental assistance programs that target Low Income households.The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. ![]() Renters earning up to 50% of the Lock Haven AMI may qualify for rental assistance programs that target Very Low Income households. Renters earning up to 30% of the Lock Haven AMI may qualify for rental assistance programs that target Extremely Low Income households. Income Qualifications for HUD Rental Assistance in Lock Haven 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person 30% AMI Income Limits 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. 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 Lock Haven, HUD calculates the Area Median Income for a family of four as $75,500 For Lock Haven, the AMI is calculated from all households within Clinton 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. Area Median Income In Lock HavenĪffordable housing program eligibility is always determined by one's income. In Lock Haven, a household making less than $2,097 a month would be considered overburdened when renting an apartment at or above the median rent.ĥ0.91% of households who rent are overburdened in Lock Haven. Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. The median gross income for households in Lock Haven is $27,129 a year, or $2,261 a month. 62.24% of households in Lock Haven are renters. There are 3,279 households in the city with an average household size of 2.39 persons. Lock Haven is a city in Clinton County, Pennsylvania with a population of 9,790. ± 9.91pp Total Population 9,790 Population and Household Demographics ±$85 Percentage Of Renters Overburdened 50.91% Total Affordable Apartment Properties 13 Total Low Income Apartments 854 Total Housing Units with Rental Assistance 720 Percentage of Housing Units Occupied By Renters 62.24% Average Renter Household Size 2.30 Average Household Size 2.39 Median Household Income $27,129 ![]() Lock Haven, PA 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. 2023 Lock Haven, Pennsylvania 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 Lock Haven, Pennsylvania for a two-bedroom apartment is between $807 and $987. The average voucher holder contributes $0 towards rent in Lock Haven. On average, Section 8 Housing Choice vouchers pay Lock Haven landlords $0 per month towards rent. Housing Choice Vouchers in Lock Haven, Pennsylvania There are 134 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lock Haven. Low Rent Apartments in Lock Haven, Pennsylvania Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. Lock Haven features 720 income based apartments. Lock Haven, Pennsylvania Affordable Housing Data Income Based Apartments in Lock Haven, Pennsylvania
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