Affordable Housing In Childress
Childress County, Texas

5 Low Income Apartment Communities In Childress

Childress Manor

1300 7th St NW
Childress, TX
Subsidized

Greenview Apartments

1002 18th St NW
Childress, TX
Subsidized

307 Avenue E NW

307 Avenue E NW
Childress, TX

Fairview Manor

915 18th St NW
Childress, TX
HCV Welcome

Fairview Manor Apartments

1800 Avenue I NW
Childress, TX
Subsidized
  • «
  • 1
  • »

Housing Authorities that serve Childress

Housing Authority Programs
Housing Authority of Childress Public Housing
Panhandle Community Services Section 8 Housing Choice Voucher (HCV); Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in Childress, Texas

There are 5 low income housing apartment communities offering 306 affordable apartments for rent in Childress, Texas. Childress features 258 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 48 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Childress.

Sourced from federal housing data and AffordableHousingOnline.com research.

Childress, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 306
Total Housing Units with Rental Assistance 258
Percentage of Housing Units Occupied By Renters 41.26%
Average Renter Household Size 2.42
Average Household Size 2.46
Median Household Income $33,934 ±$9,230
Median Rent $700 ±$167
Percentage Of Renters Overburdened 22.41% ± 10.85pp
Total Population 6,085

Population and Household Demographics

Childress is a City in Childress County, Texas with a population of 6,085. There are 1,968 households in the city with an average household size of 2.46 persons. 41.26% of households in Childress are renters.

Income and Rent Overburden in Childress

The median gross income for households in Childress is $33,934 a year, or $2,828 a month. The median rent for the city is $700 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Childress, a household making less than $2,333 a month would be considered overburdened when renting an apartment at or above the median rent. 22.41% of households who rent are overburdened in Childress.1

Area Median Income In Childress

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 Childress, the AMI is calculated from all households within Childress County.

In Childress, HUD calculates the Area Median Income for a family of four as $60,100

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 Childress

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 Childress HUD Rental Assistance in Childress

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,650 $16,910 $21,330 $25,750 $30,170 $34,590 $37,300 $39,700
50% of Median $21,050 $24,050 $27,050 $30,050 $32,500 $34,900 $37,300 $39,700
80% of Median $33,700 $38,500 $43,300 $48,100 $51,950 $55,800 $59,650 $63,500
Low Income Housing Tax Credits in Childress

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

From 1994 to 2003, 2 low income apartment communities containing 80 rental apartments have been constructed and made affordable to low income persons in Childress 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 Childress

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $21,050 $24,050 $27,050 $30,050 $32,500 $34,900 $37,300 $39,700
60% of Median $25,260 $28,860 $32,460 $36,060 $39,000 $41,880 $44,760 $47,640

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 Childress is $32,460 a year, or $2,705 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,705 by 30% to get a maximum rent of $812 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% $526 $564 $676 $782 $873 $963
60% $632 $677 $812 $938 $1,047 $1,155
Fair Market Rents in Childress

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
$569 $613 $768 $1,108 $1,155