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Affordable Housing In Converse
Bexar County, Texas

1 Low Income Apartment Communities In Converse

Coverse Ranch Apartments

8355 Crestway Dr
Converse, Texas
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Housing Authorities that serve Converse

Housing Authority Programs
Housing Authority of Bexar County Section 8 Housing Choice Voucher (HCV); Public Housing
San Antonio Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Moving to Work

Guide To Affordable Housing in Converse, Texas

There are 1 low income housing apartment communities offering 124 affordable apartments for rent in Converse, Texas.

Income Based Apartments in Converse, Texas

Converse features 124 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 Converse, Texas

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

Housing Choice Vouchers in Converse, Texas

On average, Section 8 Housing Choice vouchers pay Converse landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Converse.

The maximum amount a voucher would pay on behalf of a low-income tenant in Converse, Texas for a two-bedroom apartment is between $946 and $1,156.

2020 Converse, Texas 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 $702 $851 $1,051 $1,372 $1,691
Payment Standard Range $632 to $772 $766 to $936 $946 to $1,156 $1,235 to $1,509 $1,522 to $1,860

Sourced from federal housing data and AffordableHousingOnline.com research.

Converse, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 124
Total Housing Units with Rental Assistance 124
Percentage of Housing Units Occupied By Renters 34.7%
Average Renter Household Size 3.07
Average Household Size 3.08
Median Household Income $62,481 ±$5,597
Median Rent $1,038 ±$57
Percentage Of Renters Overburdened 39.23% ± 8.85pp
Total Population 20,450

Population and Household Demographics

Converse is a City in Bexar County, Texas with a population of 20,450. There are 6,582 households in the city with an average household size of 3.08 persons. 34.7% of households in Converse are renters.

Income and Rent Overburden in Converse

The median gross income for households in Converse is $62,481 a year, or $5,207 a month. The median rent for the city is $1,038 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Converse, a household making less than $3,460 a month would be considered overburdened when renting an apartment at or above the median rent. 39.23% of households who rent are overburdened in Converse.1

Area Median Income In Converse

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 Converse, the AMI is calculated from all households within Bexar County.

In Converse, HUD calculates the Area Median Income for a family of four as $71,000

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 Converse

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 Converse

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,950 $17,050 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,850 $28,400 $31,950 $35,500 $38,350 $41,200 $44,050 $46,900
80% of Median $39,800 $45,450 $51,150 $56,800 $61,350 $65,900 $70,450 $75,000