Affordable Housing In Montegut
Terrebonne Parish, Louisiana

Section 8 Vouchers, Apartments, and Waiting Lists in Montegut, Louisiana

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Montegut, Louisiana

Housing Authority Programs
Terrebonne PH Consolid. Govt. Federal Programs Division Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Montegut, Louisiana

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Montegut, Louisiana.

Income Based Apartments in Montegut, Louisiana

Montegut features 0 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 Montegut, Louisiana

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Montegut.

Housing Choice Vouchers in Montegut, Louisiana

On average, Section 8 Housing Choice vouchers pay Montegut landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Montegut.

The maximum amount a voucher would pay on behalf of a low-income tenant in Montegut, Louisiana for a two-bedroom apartment is between $883 and $1,079.

2023 Montegut, 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
Montegut, Louisiana Fair Market Rent $656 $780 $981 $1,266 $1,428
Montegut, Louisiana Payment Standard Range $590 to $722 $702 to $858 $883 to $1,079 $1,139 to $1,393 $1,285 to $1,571

Sourced from federal housing data and research.

Montegut, LA Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 1.45%
Average Renter Household Size 5.71
Average Household Size 3.23
Median Household Income $37,348 ±$16,123
Median Rent $0 ±$0
Percentage Of Renters Overburdened 100% ± 296.92pp
Total Population 1,560

Population and Household Demographics

Montegut is a city in Terrebonne Parish, Louisiana with a population of 1,560. There are 482 households in the city with an average household size of 3.23 persons. 1.45% of households in Montegut are renters.

Income and Rent Overburden in Montegut

The median gross income for households in Montegut is $37,348 a year, or $3,112 a month. The median rent for the city is $0 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Montegut, a household making less than $0 a month would be considered overburdened when renting an apartment at or above the median rent. 100% of households who rent are overburdened in Montegut.

Area Median Income In Montegut

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 Montegut, the AMI is calculated from all households within Terrebonne Parish.

In Montegut, HUD calculates the Area Median Income for a family of four as $69,400

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 Montegut

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 Montegut

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Montegut AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,600 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $45,850
50% AMI Income Limits
Renters earning up to 50% of the Montegut AMI may qualify for rental assistance programs that target Very Low Income households.
$24,300 $27,800 $31,250 $34,700 $37,500 $40,300 $43,050 $45,850
80% AMI Income Limits
Renters earning up to 80% of the Montegut AMI may qualify for rental assistance programs that target Low Income households.
$38,850 $44,400 $49,950 $55,500 $59,950 $64,400 $68,850 $73,300