Affordable Housing In Laurinburg Scotland County, North Carolina18 Low Income Apartment Communities In Laurinburg
Show Arc Hds Scotland Co Gh 11236 Hammond Dr Laurinburg, North Carolina Subsidized 62+ Accessible Elderly Supportive Housing Section 8 Vouchers, Apartments, and Waiting Lists in Laurinburg, North CarolinaPublic Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction. 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. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord. Public Housing Agencies Serving Laurinburg, North Carolina
Guide To Affordable Housing in Laurinburg, North CarolinaThere are 18 low income housing apartment communities offering 1,231 affordable apartments for rent in Laurinburg, North Carolina. Income Based Apartments in Laurinburg, North CarolinaLaurinburg features 892 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 Laurinburg, North CarolinaThere are 339 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Laurinburg. Housing Choice Vouchers in Laurinburg, North CarolinaOn average, Section 8 Housing Choice vouchers pay Laurinburg landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Laurinburg. The maximum amount a voucher would pay on behalf of a low-income tenant in Laurinburg, North Carolina for a two-bedroom apartment is between $694 and $848. 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.
Sourced from federal housing data and AffordableHousingOnline.com research.
Laurinburg, NC Affordable Housing Snapshot
Population and Household DemographicsLaurinburg is a city in Scotland County, North Carolina with a population of 15,694. There are 6,004 households in the city with an average household size of 2.49 persons. 49.13% of households in Laurinburg are renters. Income and Rent Overburden in LaurinburgThe median gross income for households in Laurinburg is $28,016 a year, or $2,335 a month. The median rent for the city is $561 a month. Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Laurinburg, a household making less than $1,870 a month would be considered overburdened when renting an apartment at or above the median rent. 47.8% of households who rent are overburdened in Laurinburg. Area Median Income In LaurinburgAffordable 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 Laurinburg, the AMI is calculated from all households within Scotland County. In Laurinburg, HUD calculates the Area Median Income for a family of four as $51,600 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 LaurinburgRental 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 Laurinburg
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