Affordable Housing In Simsboro
Lincoln Parish, Louisiana

1 Low Income Apartment Communities In Simsboro

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

Housing Authority	Programs
Lincoln Parish Police Jury	Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Simsboro, Louisiana

There are 1 low income housing apartment communities offering 20 affordable apartments for rent in Simsboro, Louisiana.

Income Based Apartments in Simsboro, Louisiana

Simsboro features 20 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 Simsboro, Louisiana

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

Housing Choice Vouchers in Simsboro, Louisiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Simsboro, Louisiana for a two-bedroom apartment is between $702 and $858.

2022 Simsboro, 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
Simsboro, Louisiana Fair Market Rent	$593	$653	$780	$1,060	$1,335
Simsboro, Louisiana Payment Standard Range	$534 to $652	$588 to $718	$702 to $858	$954 to $1,166	$1,202 to $1,469

Sourced from federal housing data and AffordableHousingOnline.com research.

Simsboro, LA Affordable Housing Snapshot

Total Affordable Apartment Properties	1
Total Low Income Apartments	20
Total Housing Units with Rental Assistance	20
Percentage of Housing Units Occupied By Renters	34.31%
Average Renter Household Size	3.66
Average Household Size	3.00
Median Household Income	$40,484 ±$5,326
Median Rent	$649 ±$179
Percentage Of Renters Overburdened	30.71% ± 21.48pp
Total Population	1,239

Population and Household Demographics

Simsboro is a city in Lincoln Parish, Louisiana with a population of 1,239. There are 408 households in the city with an average household size of 3.00 persons. 34.31% of households in Simsboro are renters.

Income and Rent Overburden in Simsboro

The median gross income for households in Simsboro is $40,484 a year, or $3,374 a month. The median rent for the city is $649 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Simsboro, a household making less than $2,163 a month would be considered overburdened when renting an apartment at or above the median rent. 30.71% of households who rent are overburdened in Simsboro.

Area Median Income In Simsboro

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 Simsboro, the AMI is calculated from all households within Lincoln Parish.

In Simsboro, HUD calculates the Area Median Income for a family of four as $61,000

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 Simsboro

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 Simsboro

	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 Simsboro AMI may qualify for rental assistance programs that target Extremely Low Income households.	$13,590	$18,310	$23,030	$27,750	$32,470	$35,400	$37,850	$40,300
50% AMI Income Limits Renters earning up to 50% of the Simsboro AMI may qualify for rental assistance programs that target Very Low Income households.	$21,350	$24,400	$27,450	$30,500	$32,950	$35,400	$37,850	$40,300
80% AMI Income Limits Renters earning up to 80% of the Simsboro AMI may qualify for rental assistance programs that target Low Income households.	$34,200	$39,050	$43,950	$48,800	$52,750	$56,650	$60,550	$64,450