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There are 94 low-income apartments in Panorama Heights that offer reduced rents to eligible households.
Rental assistance programs support 201 low-income homes in Panorama Heights where households pay rent based on how much they earn.
Affordable rent data for some communities last confirmed on September 3rd, 2021. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving Panorama Heights, California
Public 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.
| Housing Authority | Programs |
|---|---|
| Housing Authority of Tulare County | Section 8 Housing Choice Voucher (HCV); Public Housing; Moving to Work |
Panorama Heights, California Affordable Housing Data
Income Based Apartments in Panorama Heights, California
Panorama Heights features 201 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 Panorama Heights, California
There are 94 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Panorama Heights.
Housing Choice Vouchers in Panorama Heights, California
On average, Section 8 Housing Choice vouchers pay Panorama Heights landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Panorama Heights.
The maximum amount a voucher would pay on behalf of a low-income tenant in Panorama Heights, California for a two-bedroom apartment is between $1,169 and $1,429.
2024 Panorama Heights, California 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 | |
|---|---|---|---|---|---|
| Panorama Heights, California Fair Market Rent | $977 | $989 | $1,299 | $1,809 | $2,065 |
| Panorama Heights, California Payment Standard Range | $879 to $1,075 | $890 to $1,088 | $1,169 to $1,429 | $1,628 to $1,990 | $1,859 to $2,272 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Panorama Heights, CA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 3 |
|---|---|
| Total Low Income Apartments | 496 |
| Total Housing Units with Rental Assistance | 201 |
| Percentage of Housing Units Occupied By Renters | 10% |
| Average Renter Household Size | 2.00 |
| Average Household Size | 1.55 |
| Median Household Income | $32,500 ±$26,010 |
| Median Rent | $0 ±$0 |
| Percentage Of Renters Overburdened | 0% ± 1200pp |
| Total Population | 31 |
Population and Household Demographics
Panorama Heights is a city in Tulare County, California with a population of 31. There are 20 households in the city with an average household size of 1.55 persons. 10% of households in Panorama Heights are renters.
Income and Rent Overburden in Panorama Heights
The median gross income for households in Panorama Heights is $32,500 a year, or $2,708 a month. The median rent for the city is $0 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Panorama Heights, a household making less than $0 a month would be considered overburdened when renting an apartment at or above the median rent. 0% of households who rent are overburdened in Panorama Heights.
Area Median Income In Panorama Heights
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 Panorama Heights, the AMI is calculated from all households within Tulare County.
In Panorama Heights, HUD calculates the Area Median Income for a family of four as $67,700
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 Panorama Heights
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 Panorama Heights
| 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 Panorama Heights AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$17,350 | $19,800 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Panorama Heights AMI may qualify for rental assistance programs that target Very Low Income households. |
$28,900 | $33,000 | $37,150 | $41,250 | $44,550 | $47,850 | $51,150 | $54,450 |
| 80% AMI Income Limits Renters earning up to 80% of the Panorama Heights AMI may qualify for rental assistance programs that target Low Income households. |
$46,200 | $52,800 | $59,400 | $65,950 | $71,250 | $76,550 | $81,800 | $87,100 |
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