Affordable Housing In Minden
Webster Parish, Louisiana


Waiting List Openings In Minden

Waiting ListStatus
Minden Housing Authority Housing Choice Voucher Open Now

8 Low Income Apartment Communities In Minden

Mt Calm Senior Hamlet

334 Lee St
Minden, LA
62+
Accessible
Elderly Supportive Housing
Subsidized

Sheppard Park Village Apartments

1355 Sheppard St
Minden, LA
Subsidized

Webster Manor

900 Bayou Ave
Minden, LA
Subsidized

Azalea Terrace Apartments

100 Azalea Terrace Ln
Minden, LA
HCV Welcome

Harvest Manor A

1314 Lee St
Minden, LA
HCV Welcome

Southfield Plaza

1106 East St
Minden, LA

Hickory Ridge

101 Carolina St
Minden, LA
HCV Welcome

Hillside Apartments

400 Hillside Ln
Minden, LA
HCV Welcome
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Housing Authorities that serve Minden

Housing Authority Programs
Minden Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Webster Parish Police Jury Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Minden, Louisiana

There are 8 low income housing apartment communities offering 620 affordable apartments for rent in Minden, Louisiana. Minden features 453 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 167 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Minden.

Sourced from federal housing data and AffordableHousingOnline.com research.

Minden, LA Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 620
Total Housing Units with Rental Assistance 453
Percentage of Housing Units Occupied By Renters 39.24%
Average Renter Household Size 2.58
Average Household Size 2.58
Median Household Income $29,651 ±$2,342
Median Rent $652 ±$44
Percentage Of Renters Overburdened 46.5% ± 8.46pp
Total Population 12,887

Population and Household Demographics

Minden is a City in Webster Parish, Louisiana with a population of 12,887. There are 4,839 households in the city with an average household size of 2.58 persons. 39.24% of households in Minden are renters.

Income and Rent Overburden in Minden

The median gross income for households in Minden is $29,651 a year, or $2,471 a month. The median rent for the city is $652 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Minden, a household making less than $2,173 a month would be considered overburdened when renting an apartment at or above the median rent. 46.5% of households who rent are overburdened in Minden.1

Area Median Income In Minden

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Minden, the AMI is calculated from all households within Webster Parish.

In Minden, HUD calculates the Area Median Income for a family of four as $45,800

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 Minden

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 Minden HUD Rental Assistance in Minden

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,450 $27,500 $29,550 $31,600 $33,600
50% of Median $17,850 $20,400 $22,950 $25,450 $27,500 $29,550 $31,600 $33,600
80% of Median $28,500 $32,600 $36,650 $40,700 $44,000 $47,250 $50,500 $53,750
Low Income Housing Tax Credits in Minden

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

From 1990 to 2001, 4 low income apartment communities containing 167 rental apartments have been constructed and made affordable to low income persons in Minden 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 Minden

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $17,850 $20,400 $22,950 $25,450 $27,500 $29,550 $31,600 $33,600
60% of Median $21,420 $24,480 $27,540 $30,540 $33,000 $35,460 $37,920 $40,320

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 Minden is $27,540 a year, or $2,295 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,295 by 30% to get a maximum rent of $689 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% $446 $478 $574 $662 $739 $815
60% $536 $574 $689 $794 $887 $978
Fair Market Rents in Minden

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
$510 $597 $710 $1,024 $1,051