Public Housing Agencies Serving Indian Land, South Carolina
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 Fort Mill | Section 8 Housing Choice Voucher (HCV); Moving to Work |
Indian Land, South Carolina Affordable Housing Data
Income Based Apartments in Indian Land, South Carolina
Indian Land 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 Indian Land, South Carolina
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Indian Land.
Housing Choice Vouchers in Indian Land, South Carolina
On average, Section 8 Housing Choice vouchers pay Indian Land landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Indian Land.
The maximum amount a voucher would pay on behalf of a low-income tenant in Indian Land, South Carolina for a two-bedroom apartment is between $923 and $1,129.
2024 Indian Land, South Carolina 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 | |
|---|---|---|---|---|---|
| Indian Land, South Carolina Fair Market Rent | $785 | $790 | $1,026 | $1,360 | $1,518 |
| Indian Land, South Carolina Payment Standard Range | $707 to $864 | $711 to $869 | $923 to $1,129 | $1,224 to $1,496 | $1,366 to $1,670 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Area Median Income In Indian Land
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 Indian Land, the AMI is calculated from all households within Lancaster County.
In Indian Land, HUD calculates the Area Median Income for a family of four as $99,000
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 Indian Land
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 Indian Land
| 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 Indian Land AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$17,200 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Indian Land AMI may qualify for rental assistance programs that target Very Low Income households. |
$28,650 | $32,750 | $36,850 | $40,900 | $44,200 | $47,450 | $50,750 | $54,000 |
| 80% AMI Income Limits Renters earning up to 80% of the Indian Land AMI may qualify for rental assistance programs that target Low Income households. |
$45,850 | $52,400 | $58,950 | $65,450 | $70,700 | $75,950 | $81,200 | $86,400 |
© 2002-2024 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.