Affordable Housing In Ville Platte
9 Low Income Apartment Communities In Ville Platte
Housing Authorities that serve Ville Platte
|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
|Evangeline Parish Police Jury||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Ville Platte, Louisiana
There are 9 low income housing apartment communities offering 574 affordable apartments for rent in Ville Platte, Louisiana.
Income Based Apartments in Ville Platte, Louisiana
Ville Platte features 574 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 Ville Platte, Louisiana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ville Platte.
Housing Choice Vouchers in Ville Platte, Louisiana
On average, Section 8 Housing Choice vouchers pay Ville Platte landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Ville Platte.
The maximum amount a voucher would pay on behalf of a low-income tenant in Ville Platte, Louisiana for a two-bedroom apartment is between $639 and $781.
2020 Ville Platte, 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|
|Fair Market Rent||$576||$593||$710||$898||$1,054|
|Payment Standard Range||$518 to $634||$534 to $652||$639 to $781||$808 to $988||$949 to $1,159|
Sourced from federal housing data and AffordableHousingOnline.com research.
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|
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 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|