Affordable Housing In Bossier Parish
105 Low Income Apartment Communities In Bossier Parish
Housing Authorities that serve Bossier Parish
|Bossier Parish Section 8 Housing Authority||Section 8 Housing Choice Voucher (HCV)|
Other Housing Authorities located in Bossier Parish
|Housing Authority of Bossier City||Public Housing|
Guide To Affordable Housing in Bossier Parish, Louisiana
There are 105 low income housing apartment communities offering 6,729 affordable apartments for rent in Bossier Parish, Louisiana. Bossier Parish features 3,768 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 2,961 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Bossier Parish.
Sourced from federal housing data and AffordableHousingOnline.com research.
Bossier Parish, LA Affordable Housing Snapshot
|Total Affordable Apartment Properties||105|
|Total Low Income Apartments||6,729|
|Total Housing Units with Rental Assistance||3,768|
|Percentage of Housing Units Occupied By Renters||34.9%|
|Average Renter Household Size||2.57|
|Average Household Size||2.57|
|Median Household Income||$52,892 ±$2,213|
|Median Rent||$895 ±$23|
|Percentage Of Renters Overburdened||43.5% ± 3.43pp|
Population and Household Demographics
Bossier Parish is a County in Louisiana with a population of 123,403. There are 47,125 households in the county with an average household size of 2.57 persons. 34.9% of households in Bossier Parish are renters.
Income and Rent Overburden in Bossier Parish
The median gross income for households in Bossier Parish is $52,892 a year, or $4,408 a month. The median rent for the county is $895 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bossier Parish, a household making less than $2,983 a month would be considered overburdened when renting an apartment at or above the median rent. 43.5% of households who rent are overburdened in Bossier Parish.1
Area Median Income In Bossier Parish
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.
In Bossier Parish, HUD calculates the Area Median Income for a family of four as $57,500
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 Bossier Parish
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 Bossier Parish HUD Rental Assistance in Bossier Parish
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$12,550||$16,910||$21,330||$25,750||$30,170||$34,590||$37,000||$39,350|
|50% of Median||$20,900||$23,850||$26,850||$29,800||$32,200||$34,600||$37,000||$39,350|
|80% of Median||$33,400||$38,200||$42,950||$47,700||$51,550||$55,350||$59,150||$63,000|
Fair Market Rents in Bossier Parish
Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.
2020 Fair Market Rents
|Studio||One BR||Two BR||Three BR||Four BR|
Cities In Bossier Parish
Select A City to View its Apartment Communities and Waiting Lists.
|Shreveport||84||The HUD funded Public Housing Agencies that serve Shreveport are the Housing Authority of the City of Shreveport and Bossier Parish Section 8 Housing Authority.|
|Bossier City||15||The HUD funded Public Housing Agencies that serve Bossier City are the Housing Authority of Bossier City and Bossier Parish Section 8 Housing Authority.|
|Benton||4||The HUD funded Public Housing Agency that serves Benton is the Bossier Parish Section 8 Housing Authority.|
|Haughton||1||The HUD funded Public Housing Agency that serves Haughton is the Bossier Parish Section 8 Housing Authority.|
|Plain Dealing||1||The HUD funded Public Housing Agency that serves Plain Dealing is the Bossier Parish Section 8 Housing Authority.|