Affordable Housing In Bossier Parish
105 Low Income Apartment Communities In Bossier Parish
Housing Authorities that serve Bossier Parish
|Bossier Parish Housing Authority||Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Veteran Affairs Supportive Housing (VASH)|
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.
Income Based Apartments in Bossier Parish, Louisiana
Bossier Parish features 3,768 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 Bossier Parish, Louisiana
There are 2,961 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bossier Parish.
Housing Choice Vouchers in Bossier Parish, Louisiana
On average, Section 8 Housing Choice vouchers pay Bossier Parish landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Bossier Parish.
The maximum amount a voucher would pay on behalf of a low-income tenant in Bossier Parish, Louisiana for a two-bedroom apartment is between $775 and $947.
2020 Bossier Parish, Louisiana 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|
|Fair Market Rent||$612||$739||$861||$1,077||$1,248|
|Payment Standard Range||$551 to $673||$665 to $813||$775 to $947||$969 to $1,185||$1,123 to $1,373|
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.
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 $56,700
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 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||$12,760||$17,240||$21,720||$26,200||$30,650||$32,900||$35,200||$37,450|
|50% of Median||$19,850||$22,700||$25,550||$28,350||$30,650||$32,900||$35,200||$37,450|
|80% of Median||$31,750||$36,300||$40,850||$45,350||$49,000||$52,650||$56,250||$59,900|
Cities In Bossier Parish
Select A City to View its Apartment Communities and Waiting Lists.
|Benton||The HUD funded Public Housing Agency that serves Benton is the Bossier Parish Housing Authority.|
|Bossier||The HUD funded Public Housing Agency that serves Bossier is the Bossier Parish Housing Authority.|
|Bossier City||The HUD funded Public Housing Agencies that serve Bossier City are the Housing Authority of Bossier City and Bossier Parish Housing Authority.|
|Eastwood||The HUD funded Public Housing Agency that serves Eastwood is the Bossier Parish Housing Authority.|
|Haughton||The HUD funded Public Housing Agency that serves Haughton is the Bossier Parish Housing Authority.|
|Plain Dealing||The HUD funded Public Housing Agency that serves Plain Dealing is the Bossier Parish Housing Authority.|
|Red Chute||The HUD funded Public Housing Agency that serves Red Chute is the Bossier Parish Housing Authority.|