Affordable Housing In Bossier Parish
Louisiana

There are 104 low income housing apartment complexes which contain 6,689 affordable apartments for rent in Bossier Parish. Many of these rental apartments are income based housing with 3,768 apartments that set rent based on your income. In Bossier Parish, HUD housing programs support 2,104 rental assistance apartments through programs like Project-based Section 8. There are 2,921 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Bossier Parish

Housing Authority Programs
Bossier Parish Section 8 Housing Authority Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Bossier Parish

Housing Authority Programs
Housing Authority of Bossier City Public Housing

Guide To Affordable Housing in Bossier Parish, Louisiana

Bossier Parish, LA Affordable Housing Snapshot

Total Affordable Apartment Properties 104
Total Low Income Apartments 6,689
Total Rent Assisted Apartments 3,768
Percentage of Housing Units Occupied By Renters 34.9%
Average Renter Household Size 2.57
Total Population 123,403
Housing Units 47,125
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
Low Income Housing Tax Credits in Bossier Parish

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 2008, 68 low income apartment communities containing 3,145 rental apartments have been constructed and made affordable to low income persons in Bossier Parish by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Bossier Parish

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $20,900 $23,850 $26,850 $29,800 $32,200 $34,600 $37,000 $39,350
60% of Median $25,080 $28,620 $32,220 $35,760 $38,640 $41,520 $44,400 $47,220

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Bossier Parish is $32,220 a year, or $2,685 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,685 by 30% to get a maximum rent of $806 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $523 $559 $671 $775 $865 $954
60% $627 $671 $806 $930 $1,038 $1,145
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.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$584 $718 $828 $1,045 $1,200

Cities In Bossier Parish

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Shreveport 83 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.
Bossier 0
Eastwood 0
Red Chute 0