Multi-Family Fair Housing Occupancy Reports Archives

USDA Multi-Family Fair Housing Occupancy Report FY 2023

March 5, 2024/in Multi-Family Fair Housing Occupancy Reports

USDA’s annual data for tenants living in Section 515 rental and Section 514 farmworker housing shows that, as of October 2023, the average income for all Section 515 households is $16,047. Just over 88 percent of USDA rental households receive some sort of rental assistance, most commonly Section 521 Rental Assistance (RA). The average income of the 76 percent of Section 515 households receiving RA is $13,696. As has been the case for many years, about two-thirds of the units are occupied by individuals who identify as elderly or disabled. Demographic and economic data for the portfolio are aggregated by state as well as at the national level.

USDA Multi-Family Fair Housing Occupancy Report FY 2022

March 30, 2023/in Multi-Family Fair Housing Occupancy Reports

Characteristics of tenants in Section 515 and 514 properties remained largely the same from October 2021 to October 2022, USDA’s annual data report indicates. There were 3,154 fewer units in 2022 than in 2021, with a decrease of 158 Section 515 properties and 7 Section 514 FLH properties. In 2022, average annual income for all tenants was $15,502, while the average income for those receiving Section 521 Rental Assistance was $12,989. The number of cost-burdened households, which fell dramatically from 41,121 in 2020 to 3,227 in 2021 because the American Rescue Plan Act provided additional RA, rose to 4,975 in 2022.

USDA Multi-Family Fair Housing Occupancy Report FY 2021

May 16, 2022/in Multi-Family Fair Housing Occupancy Reports

USDA’s annual report on the characteristics of tenants in Section 515 and 514 properties shows that in October 2021 there were 108 fewer Section 515 properties and 25 fewer farm labor housing properties than in 2020, a total reduction of 1,709 units. The average household income rose by 3.78% to $14,665. Tenant households receiving Section 521 Rental Assistance saw a 7.13% increase in income to $12,501. The number of resident households paying more than 30 percent of their income for rent fell sharply from 41,121 in 2020 to 3,227 in 2021. USDA attributed this 92% decrease to the emergency rental assistance funds made available because of the coronavirus pandemic.

USDA Multi-Family Fair Housing Occupancy Report FY 2020

May 15, 2022/in Multi-Family Fair Housing Occupancy Reports

USDA’s annual summary of tenant data shows that characteristics of tenants in USDA’s Section 515 rental and Section 514/516 farmworker housing properties changed very little from September 2019 to September 2020. Average annual income of Section 515 tenants rose from $13,551 in September 2019 to $13,640 in September 2020, while the average income for Section 515 tenants receiving Section 521 Rental Assistance was $11,380 in 2020. About 10.6% of all tenants in USDA’s portfolio remain rent burdened and almost 70% of tenants continue to receive rental assistance of some sort. Elders and people with disabilities comprise 65.3% of Section 515 households.

USDA Multi-Family Fair Housing Occupancy Report FY 2018

February 27, 2019/in Multi-Family Fair Housing Occupancy Reports

USDA’s yearly occupancy survey shows the total number of properties in USDA’s rural rental portfolio fell by 1.79 from September 2017 to September 2018, a decrease of 227 Section 515 properties and 24 farmworker housing properties, with a total of 4,820 units. The average annual income of Section 515 tenants is $13,112. For Section 515 tenants with Section 521 Rental Assistance, average annual income is $10,911.

USDA Multi-Family Fair Housing Occupancy Report FY 2017

January 7, 2019/in Multi-Family Fair Housing Occupancy Reports

USDA’s yearly occupancy survey shows the total number of properties in USDA’s rural rental portfolio fell by 1.94% from September 2016 to September 2017, a decrease of 278 properties consisting of 246 Section 515 properties and 32 Section 514 properties. This represents a loss of 5,035 apartment units or 1.17 percent. The average annual income of Section 515 residents has increased to $12,776. For Section 515 tenants with RA, average income is $10,658.

USDA Multi-Family Fair Housing Occupancy Report FY 2016

February 17, 2017/in Multi-Family Fair Housing Occupancy Reports

USDA’s yearly occupancy survey shows the total number of properties in USDA’s rural rental portfolio fell by 1.86% from September 2015 to September 2016, a decrease of 217 properties consisting of 253 Section 515 properties and 18 Section 514 properties. This represents a loss of 4,220 apartment units or 0.97 percent. The average annual income of Section 515 residents has increased to $12,588. For Section 515 tenants with RA, average income is $10,504.

USDA Multi-Family Fair Housing Occupancy Report FY 2015

September 6, 2016/in Multi-Family Fair Housing Occupancy Reports

USDA’s yearly occupancy survey shows the total number of properties in USDA’s rural rental portfolio fell by 1.39% from September 2014 to September 2015, a decrease of 186 Section 515 properties and 19 Section 514 properties. The reduction covers 2,646 apartments (0.37% of total units). The average annual income of Section 515 residents has increased to $12,377. For Section 515 tenants with RA, average income is $10,332.

USDA Multi-Family Fair Housing Occupancy Report FY 2014

September 6, 2016/in Multi-Family Fair Housing Occupancy Reports

USDA’s yearly occupancy survey shows the total number of properties in USDA’s rural rental portfolio fell by 1.25% from September 2013 to September 2014, a decrease of 142 Section 515 properties and an increase of 45 Section 514 properties. The reduction covers 1,645 apartments (0.37% of total units). The average annual income of Section 515 residents has increased to $12,022. For Section 515 tenants with RA, average income is $10,054.

USDA Multi-Family Fair Housing Occupancy Report FY 2013

June 27, 2014/in Multi-Family Fair Housing Occupancy Reports

USDA’s yearly occupancy survey shows the total number of properties in USDA’s rural rental portfolio fell by 2.48% from April 2012 to September 2013, a decrease of 346 Section 515 properties and 34 Section 514 properties. The reduction covers 5,092 apartments (1.14% of total units). The 2013 report is the first to include demographic data on Section 521 Rental Assistance (RA) households, and they appear generally similar to tenants in Section 515 properties. The average annual income of Section 515 residents has increased slightly to $11,747. For Section 515 tenants with RA, average income is $9,828.