Affordable Housing In Pointe Coupee Parish
7 Low Income Apartment Communities In Pointe Coupee Parish
Guide To Affordable Housing in Pointe Coupee Parish, Louisiana
There are 7 low income housing apartment communities offering 230 affordable apartments for rent in Pointe Coupee Parish, Louisiana.
Income Based Apartments in Pointe Coupee Parish, Louisiana
Pointe Coupee Parish features 178 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 Pointe Coupee Parish, Louisiana
There are 52 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pointe Coupee Parish.
Housing Choice Vouchers in Pointe Coupee Parish, Louisiana
On average, Section 8 Housing Choice vouchers pay Pointe Coupee Parish landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Pointe Coupee Parish.
The maximum amount a voucher would pay on behalf of a low-income tenant in Pointe Coupee Parish, Louisiana for a two-bedroom apartment is between $825 and $1,009.
2022 Pointe Coupee 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|
|Pointe Coupee Parish, Louisiana Fair Market Rent||$744||$781||$917||$1,161||$1,447|
|Pointe Coupee Parish, Louisiana Payment Standard Range||$670 to $818||$703 to $859||$825 to $1,009||$1,045 to $1,277||$1,302 to $1,592|
Sourced from federal housing data and AffordableHousingOnline.com research.
Pointe Coupee Parish, LA Affordable Housing Snapshot
|Total Affordable Apartment Properties||7|
|Total Low Income Apartments||230|
|Total Housing Units with Rental Assistance||178|
|Percentage of Housing Units Occupied By Renters||23.07%|
|Average Renter Household Size||2.52|
|Average Household Size||2.56|
|Median Household Income||$43,825 ±$4,227|
|Median Rent||$566 ±$26|
|Percentage Of Renters Overburdened||28.12% ± 6.67pp|
Population and Household Demographics
Pointe Coupee Parish is a county in Louisiana with a population of 22,498. There are 8,726 households in the county with an average household size of 2.56 persons. 23.07% of households in Pointe Coupee Parish are renters.
Income and Rent Overburden in Pointe Coupee Parish
The median gross income for households in Pointe Coupee Parish is $43,825 a year, or $3,652 a month. The median rent for the county is $566 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pointe Coupee Parish, a household making less than $1,887 a month would be considered overburdened when renting an apartment at or above the median rent. 28.12% of households who rent are overburdened in Pointe Coupee Parish.
Area Median Income In Pointe Coupee 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 Pointe Coupee Parish, HUD calculates the Area Median Income for a family of four as $79,300
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 Pointe Coupee 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 Pointe Coupee Parish
|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 Pointe Coupee Parish AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Pointe Coupee Parish AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Pointe Coupee Parish AMI may qualify for rental assistance programs that target Low Income households.