Description:
Description:
Kokomo Housing Authority is a public housing agency that helps provide decent and safe rental housing for eligible low-income families, the elderly, and persons with disabilities. Kokomo Housing Authority manages several funded programs and has a total of 551 subsidized affordable housing units for rental assistance. Kokomo Housing Authority administered a total of 689 Section 8 Vouchers. Kokomo Housing Authority currently has low rent units and Section 8 Voucher as its program type. Kokomo Housing Authority is located at 210 E Taylor Street, Kokomo, IN, 46903 and serves the city of Kokomo. Income limits, fair market rents and rent rates vary with each agency. Please contact Kokomo Housing Authority at, (765) 459-3162 for more information about coverage area and program availability.
The Housing Authority of the City of Kokomo originated as a result of the U.S. Housing Act of 1937. The Kokomo City Council authorized the establishment of the Housing Authority and gave the mayor authorization to appoint a board to oversee operations of Public Housing. A Board of Commissioners consisting of five (7) members is appointed by the mayor, each appointment is for a term of four (4) years.
Kokomo Housing Authority is federally funded through the Department of Housing and Urban Development. An operating budget is submitted annually and HUD subsidizes a portion of the operating expenses in excess of KHA's income (or a percentage of the amount requested). The Housing Authority receives no city funding. KHA can boast excellent financial management ratings, showing wise investments and conservative spending.
The Section 8 Existing Housing Program was added to KHA operations in 1977. This program subsidizes privately-owned affordable housing for eligible applicants. Tenants pay 30% of income and KHA subsidizes the difference, up to the fair market rent amount, to the landlord.
The Housing Authority of the City of Kokomo offers affordable, safe, sanitary housing for low income and very low income individuals and families. Civic Center Tower and Terrace Towers offer secure living for both elderly and disabled individuals. Garden Square, Dunbar Court, Pine Valley, Superior Street Apartments, and Scattered Site Housing provides for various family sizes and individuals
| Current Status | Active |
| Size of Kokomo Housing Authority compared nationally | Large |
| Last Updated | 04/12/2014 |
| Total Numbers of Communities | 3 |
| Total numbers of Administered Section 8 Voucher | 689 |
| Total numbers of Administered Public Housing Units | 551 |
| Waiting list for the Kokomo Housing Authority is currently | Open |
Fair Market Rents are HUD's determination of the average rents in a particular area for each bedroom size. The FMRs are set each year based on the rental rates of unsubsidized units so that participants in HUD programs have equal access for affordable housing. Here are the Fair Market Rents for Howard County, IN:
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| Population: | 82,982 |
| Persons Per Household: | 2.36 |
| Housing Units in Multi-units Structure: | 17.3% |
| Homeownership Rate: | 70.5% |
| Housing Units: | 38,506 |
| Yearly Income Per Person: | $24,071 |
| Median Household Income: | $43,590 |
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