Affordable Housing In Caddo Parish
Louisiana

14 Low Income Apartment Communities In Caddo Parish

Brookwood Plaza

3701 Valley View Drive
Belcher, LA
$487-592
1-3 BR
HCV Welcome

Central Park West

933 S Pine St
Vivian, LA
Subsidized

Monterey Hills

130 Williamson Way
Vivian, LA
Subsidized

Blanchard Elderly Apartments

231 N Main St
Blanchard, LA
HCV Welcome

Vivian Elderly Apartments

344 Redbud Ln
Vivian, LA
HCV Welcome

Mississippi Circle

643 Redbud Ct
Vivian, LA

Greenwood Housing Elderly

8910 Greenwood Rd
Greenwood, LA
HCV Welcome

Vivian Elderly Housing

Stateline Rd At Redbud Rd
Vivian, LA
HCV Welcome

Woodland Terrace

8880 Greenwood Rd
Greenwood, LA
HCV Welcome

Greenwood Elderly Housing

8906 Greenwood Rd
Greenwood, LA
HCV Welcome

There are 14 low income housing apartment complexes which contain 615 affordable apartments for rent in Caddo Parish. Many of these rental apartments are income based housing with 278 apartments that set rent based on your income. In Caddo Parish, HUD housing programs support 102 rental assistance apartments through programs like Project-based Section 8. There are 337 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Caddo Parish

Housing Authority Programs
Caddo Parish Commission Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Caddo Parish

Housing Authority Programs
Housing Authority of the City of Shreveport Section 8 Housing Choice Voucher (HCV); Public Housing
Housing Authority of Vivian Public Housing
Housing Authority of the Town of Oil City Public Housing
Community Support Programs Inc. Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Caddo Parish, Louisiana

Caddo Parish, LA Affordable Housing Snapshot

Total Affordable Apartment Properties 14
Total Low Income Apartments 615
Total Rent Assisted Apartments 278
Percentage of Housing Units Occupied By Renters 38.71%
Average Renter Household Size 2.52
Total Population 254,742
Housing Units 97,991
Average Household Size 2.55
Median Household Income $41,234 ±$1,042
Median Rent $742 ±$13
Percentage Of Renters Overburdened 46.79% ± 2.1pp

Population and Household Demographics

Caddo Parish is a County in Louisiana with a population of 254,742. There are 97,991 households in the county with an average household size of 2.55 persons. 38.71% of households in Caddo Parish are renters.

Income and Rent Overburden in Caddo Parish

The median gross income for households in Caddo Parish is $41,234 a year, or $3,436 a month. The median rent for the county is $742 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Caddo Parish, a household making less than $2,473 a month would be considered overburdened when renting an apartment at or above the median rent. 46.79% of households who rent are overburdened in Caddo Parish.1

Area Median Income In Caddo 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 Caddo 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 Caddo 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 Caddo Parish HUD Rental Assistance in Caddo 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 Caddo Parish

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

From 1994 to 2001, 5 low income apartment communities containing 192 rental apartments have been constructed and made affordable to low income persons in Caddo 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 Caddo 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 Caddo 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 Caddo 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 Caddo Parish

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

City Listings Served By
Vivian 6 The HUD funded Public Housing Agencies that serve Vivian are the Housing Authority of Vivian and Caddo Parish Commission.
Blanchard 1 The HUD funded Public Housing Agency that serves Blanchard is the Caddo Parish Commission.
Mooringsport 1 The HUD funded Public Housing Agency that serves Mooringsport is the Caddo Parish Commission.
Oil City 1 The HUD funded Public Housing Agencies that serve Oil City are the Housing Authority of the Town of Oil City and Caddo Parish Commission.
Greenwood 4 The HUD funded Public Housing Agency that serves Greenwood is the Caddo Parish Commission.
Belcher 1
Gilliam 0
Hosston 0
Ida 0
Lakeview 0
Rodessa 0
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.