Affordable Housing In Ville Platte
Evangeline Parish, Louisiana

9 Low Income Apartment Communities In Ville Platte

Ville Platte Village Apartments

1201 Tom Drive
Ville Platte, LA
Call For Rent
2-3 BR
Subsidized

Olenes Pop Vidrine

1110 N Chataignier St
Ville Platte, LA
Accessible
Disabled Supportive Housing
Subsidized

Village De Memoire I and II

1001 N Reed St
Ville Platte, LA
62+
Accessible
Elderly Supportive Housing
Subsidized

Chateau Des Amis

955 W Dardeau St
Ville Platte, LA
62+
Accessible
Elderly Supportive Housing
Subsidized

Ms. Lous Palace

228 Church St
Ville Platte, LA
Accessible
Disabled Supportive Housing
Subsidized

Gabriel Villa Apartments

806 N Latour St
Ville Platte, LA
Subsidized

Parkview Apartments

702 N Dupre St
Ville Platte, LA

Prairieview Apartments

5627 Vine St
Ville Platte, LA
Subsidized

Parkview Village Apartments

933 N Reed St
Ville Platte, LA
Subsidized
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Housing Authorities that serve Ville Platte

Housing Authority Programs
Ville Platte Housing Authority Public Housing
City of Ville Platte Section 8 Housing Choice Voucher Department Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Ville Platte

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

Guide To Affordable Housing in Ville Platte, Louisiana

According to federal housing data and AffordableHousingOnline.com research, there are 9 low income housing apartment communities offering 574 affordable apartments for rent in Ville Platte, Louisiana. Ville Platte features 574 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 0 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Ville Platte.

Ville Platte, LA Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 574
Total Housing Units with Rental Assistance 574
Percentage of Housing Units Occupied By Renters 63.25%
Average Renter Household Size 2.40
Average Household Size 2.41
Median Household Income $18,619 ±$2,468
Median Rent $503 ±$53
Percentage Of Renters Overburdened 60.36% ± 9.58pp
Total Population 7,327

Population and Household Demographics

Ville Platte is a City in Evangeline Parish, Louisiana with a population of 7,327. There are 2,999 households in the city with an average household size of 2.41 persons. 63.25% of households in Ville Platte are renters.

Income and Rent Overburden in Ville Platte

The median gross income for households in Ville Platte is $18,619 a year, or $1,552 a month. The median rent for the city is $503 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ville Platte, a household making less than $1,677 a month would be considered overburdened when renting an apartment at or above the median rent. 60.36% of households who rent are overburdened in Ville Platte.1

Area Median Income In Ville Platte

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 Ville Platte, the AMI is calculated from all households within Evangeline Parish.

In Ville Platte, HUD calculates the Area Median Income for a family of four as $45,400

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 Ville Platte

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 Ville Platte HUD Rental Assistance in Ville Platte

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 Ville Platte

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

From 1990 to 1999, 2 low income apartment communities containing 96 rental apartments have been constructed and made affordable to low income persons in Ville Platte 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 Ville Platte

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 Ville Platte 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 Ville Platte

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
$576 $593 $710 $898 $1,054