Affordable Housing In Coryell County

6 Low Income Apartment Communities In Coryell County

Evant Tom Sawyer

1312 Central Texas Expressway
Evant, TX
Income Based
2-3 BR

Lampasas Gardens

1312 Central Texas Expy
Evant, TX
Income Based
1-2 BR

Mcgregor Seniors Apartments CO Hamilton Properties Corp

1007 S Madison St
McGregor, TX
HCV Welcome

Tom Sawyer Place

411 Tom Sawyer St
Evant, TX
HCV Welcome

118 College Ave

118 College Ave
Oglesby, TX

122 Elm Ln

122 Elm Ln
Gatesville, TX
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Housing Authorities that serve Coryell County

Housing Authority Programs
Central Texas Council of Governments Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Coryell County

Housing Authority Programs
Housing Authority of City of Oglesby Public Housing
Housing Authority of Gatesville Public Housing
Housing Authority of Copperas Cove Public Housing

Guide To Affordable Housing in Coryell County, Texas

According to federal housing data and research, there are 6 low income housing apartment communities offering 169 affordable apartments for rent in Coryell County, Texas. Coryell County features 116 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 53 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Coryell County.

Coryell County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 169
Total Housing Units with Rental Assistance 116
Percentage of Housing Units Occupied By Renters 42.81%
Average Renter Household Size 3.19
Average Household Size 2.86
Median Household Income $49,340 ±$1,526
Median Rent $921 ±$29
Percentage Of Renters Overburdened 38.48% ± 3.66pp
Total Population 76,128

Population and Household Demographics

Coryell County is a County in Texas with a population of 76,128. There are 21,829 households in the county with an average household size of 2.86 persons. 42.81% of households in Coryell County are renters.

Income and Rent Overburden in Coryell County

The median gross income for households in Coryell County is $49,340 a year, or $4,112 a month. The median rent for the county is $921 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Coryell County, a household making less than $3,070 a month would be considered overburdened when renting an apartment at or above the median rent. 38.48% of households who rent are overburdened in Coryell County.1

Area Median Income In Coryell County

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.

In Coryell County, HUD calculates the Area Median Income for a family of four as $63,900

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 Coryell County

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 Coryell County HUD Rental Assistance in Coryell County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,450 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $42,200
50% of Median $22,400 $25,600 $28,800 $31,950 $34,550 $37,100 $39,650 $42,200
80% of Median $35,800 $40,900 $46,000 $51,100 $55,200 $59,300 $63,400 $67,500
Low Income Housing Tax Credits in Coryell County

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

From 1996 to 1996, 1 low income apartment communities containing 17 rental apartments have been constructed and made affordable to low income persons in Coryell County 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 Coryell County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $22,400 $25,600 $28,800 $31,950 $34,550 $37,100 $39,650 $42,200
60% of Median $26,880 $30,720 $34,560 $38,340 $41,460 $44,520 $47,580 $50,640

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 Coryell County is $34,560 a year, or $2,880 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,880 by 30% to get a maximum rent of $864 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% $560 $600 $720 $831 $928 $1,023
60% $672 $720 $864 $998 $1,113 $1,228
Fair Market Rents in Coryell County

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
$607 $611 $785 $1,132 $1,378

Cities In Coryell County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Evant 3
Gatesville 1 The HUD funded Public Housing Agencies that serve Gatesville are the Housing Authority of Gatesville and Central Texas Council of Governments.
McGregor 2
Oglesby 1
South Mountain 0