Poplar Grove Rural Coop Housing
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There are 0 low-income apartments in Poplar Grove that offer reduced rents to eligible households.
Rental assistance programs support 18 low-income homes in Poplar Grove where households pay rent based on how much they earn.
Affordable rent data for some communities last confirmed on July 21st, 2023. Subdsidized rents typically change once a year based on federal guidance.
Poplar Grove, Arkansas Affordable Housing Data
Income Based Apartments in Poplar Grove, Arkansas
Poplar Grove features 18 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 Poplar Grove, Arkansas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Poplar Grove.
Housing Choice Vouchers in Poplar Grove, Arkansas
On average, Section 8 Housing Choice vouchers pay Poplar Grove landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Poplar Grove.
The maximum amount a voucher would pay on behalf of a low-income tenant in Poplar Grove, Arkansas for a two-bedroom apartment is between $733 and $895.
2024 Poplar Grove, Arkansas 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 | |
|---|---|---|---|---|---|
| Poplar Grove, Arkansas Fair Market Rent | $604 | $622 | $814 | $1,147 | $1,381 |
| Poplar Grove, Arkansas Payment Standard Range | $544 to $664 | $560 to $684 | $733 to $895 | $1,032 to $1,262 | $1,243 to $1,519 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Area Median Income In Poplar Grove
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 Poplar Grove, the AMI is calculated from all households within Phillips County.
In Poplar Grove, HUD calculates the Area Median Income for a family of four as $52,600
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 Poplar Grove
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 Poplar Grove
| 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 Poplar Grove AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$14,580 | $19,720 | $24,860 | $30,000 | $34,250 | $36,800 | $39,350 | $41,850 |
| 50% AMI Income Limits Renters earning up to 50% of the Poplar Grove AMI may qualify for rental assistance programs that target Very Low Income households. |
$22,200 | $25,400 | $28,550 | $31,700 | $34,250 | $36,800 | $39,350 | $41,850 |
| 80% AMI Income Limits Renters earning up to 80% of the Poplar Grove AMI may qualify for rental assistance programs that target Low Income households. |
$35,500 | $40,600 | $45,650 | $50,700 | $54,800 | $58,850 | $62,900 | $66,950 |
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