Public Housing Agencies Serving Leaf River, Illinois
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 |
|---|---|
| Ogle County Housing Authority | Section 8 Housing Choice Voucher (HCV); Public Housing |
Leaf River, Illinois Affordable Housing Data
Income Based Apartments in Leaf River, Illinois
Leaf River features 0 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 Leaf River, Illinois
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Leaf River.
Housing Choice Vouchers in Leaf River, Illinois
On average, Section 8 Housing Choice vouchers pay Leaf River landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Leaf River.
The maximum amount a voucher would pay on behalf of a low-income tenant in Leaf River, Illinois for a two-bedroom apartment is between $839 and $1,025.
2024 Leaf River, Illinois 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 | |
|---|---|---|---|---|---|
| Leaf River, Illinois Fair Market Rent | $674 | $709 | $932 | $1,182 | $1,241 |
| Leaf River, Illinois Payment Standard Range | $607 to $741 | $638 to $780 | $839 to $1,025 | $1,064 to $1,300 | $1,117 to $1,365 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Leaf River, IL Affordable Housing Snapshot
| Total Affordable Apartment Properties | 0 |
|---|---|
| Total Low Income Apartments | 0 |
| Total Housing Units with Rental Assistance | 0 |
| Percentage of Housing Units Occupied By Renters | 36.02% |
| Average Renter Household Size | 3.02 |
| Average Household Size | 2.48 |
| Median Household Income | $31,458 ±$6,121 |
| Median Rent | $705 ±$248 |
| Percentage Of Renters Overburdened | 62.35% ± 23.01pp |
| Total Population | 585 |
Population and Household Demographics
Leaf River is a city in Ogle County, Illinois with a population of 585. There are 236 households in the city with an average household size of 2.48 persons. 36.02% of households in Leaf River are renters.
Income and Rent Overburden in Leaf River
The median gross income for households in Leaf River is $31,458 a year, or $2,622 a month. The median rent for the city is $705 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Leaf River, a household making less than $2,350 a month would be considered overburdened when renting an apartment at or above the median rent. 62.35% of households who rent are overburdened in Leaf River.
Area Median Income In Leaf River
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 Leaf River, the AMI is calculated from all households within Ogle County.
In Leaf River, HUD calculates the Area Median Income for a family of four as $91,800
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 Leaf River
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 Leaf River
| 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 Leaf River AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$18,550 | $21,200 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Leaf River AMI may qualify for rental assistance programs that target Very Low Income households. |
$30,900 | $35,300 | $39,700 | $44,100 | $47,650 | $51,200 | $54,700 | $58,250 |
| 80% AMI Income Limits Renters earning up to 80% of the Leaf River AMI may qualify for rental assistance programs that target Low Income households. |
$49,400 | $56,450 | $63,500 | $70,550 | $76,200 | $81,850 | $87,500 | $93,150 |
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