How many subsidized housing units are available in ?

About 1,105 subsidized housing units in Fairbanks North Star Borough, AK in 2023. Approximately 10.0% of these units were unoccupied and available to rent. Federally subsidized rental housing began with 1937’s US Housing Act, which created the United States Housing Authority and provided financial assistance to state and local governments for housing low-income people. Since then, the government has provided housing assistance to low-income renters through different programs overseen by the US Department of Housing and Urban Development (HUD).
In 2023

1.1K

subsidized housing units existed in Fairbanks North Star Borough
In 2023

110

subsidized housing units were unoccupied and available to rent
In 2023

10%

of all subsidized housing units were available to rent
There were about 961 occupied subsidized housing units in 2022, and around 15,092 occupied rental units — subsidized and unsubsidized — in Fairbanks North Star Borough, AK. That means 6.4% of all occupied rentals in Fairbanks North Star Borough were provided by housing assistance programs. In 2022, 8.0% of all subsidized units in Fairbanks North Star Borough were vacant, compared with 6.0% of all available rentals.
The number of available subsidized housing units varies throughout Fairbanks North Star Borough, AK. Administered by local public housing authorities (PHAs), availability is shaped by local policy and factors like geography (e.g., urban vs. rural vs. suburban), need, and more.

In 2023, Fairbanks North Star Borough provided 116 subsidized housing units per 10K people.

Subsidized housing can take different forms — from high-rise buildings to garden-style apartments to single-family dwellings, duplexes, and more — but all are accessed via eight different housing assistance programs under HUD. These are classified as either public housing; tenant-based programs; or privately-owned, project-based housing.
Tenant-based programs — known today as the Housing Choice Voucher program — allow recipients to choose their own housing in the private market, so long as it meets program requirements. Privately-owned, project based programs provide subsidized housing in larger, multifamily housing developments through agreements between landlords and HUD. Public housing units are built and managed by local housing agencies.
In 2023, the most common type of subsidized housing in Fairbanks North Star Borough, AK was tenant-based with 505 housing units. These accounted for 45.7% of the borough’s subsidized housing stock. Privately-owned, project-based programs accounted for 39.4% and public housing accounted for 14.9%.

Tenant assistance was the most common type of housing program in 2023.

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