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Affordable Housing In Cut and Shoot
Montgomery County, Texas

Guide To Affordable Housing in Cut and Shoot, Texas

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Cut and Shoot, Texas.

Income Based Apartments in Cut and Shoot, Texas

Cut and Shoot features 0 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 Cut and Shoot, Texas

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

Housing Choice Vouchers in Cut and Shoot, Texas

On average, Section 8 Housing Choice vouchers pay Cut and Shoot landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Cut and Shoot.

The maximum amount a voucher would pay on behalf of a low-income tenant in Cut and Shoot, Texas for a two-bedroom apartment is between $986 and $1,206.

2020 Cut and Shoot, 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 $826 $908 $1,096 $1,485 $1,878
Payment Standard Range $743 to $909 $817 to $999 $986 to $1,206 $1,337 to $1,634 $1,690 to $2,066

Sourced from federal housing data and AffordableHousingOnline.com research.

Cut and Shoot, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 17.97%
Average Renter Household Size 3.81
Average Household Size 3.06
Median Household Income $61,579 ±$18,155
Median Rent $958 ±$345
Percentage Of Renters Overburdened 10.26% ± 26.07pp
Total Population 1,327

Population and Household Demographics

Cut and Shoot is a city in Montgomery County, Texas with a population of 1,327. There are 434 households in the city with an average household size of 3.06 persons. 17.97% of households in Cut and Shoot are renters.

Income and Rent Overburden in Cut and Shoot

The median gross income for households in Cut and Shoot is $61,579 a year, or $5,132 a month. The median rent for the city is $958 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Cut and Shoot, a household making less than $3,193 a month would be considered overburdened when renting an apartment at or above the median rent. 10.26% of households who rent are overburdened in Cut and Shoot.

Area Median Income In Cut and Shoot

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 Cut and Shoot, the AMI is calculated from all households within Montgomery County.

In Cut and Shoot, HUD calculates the Area Median Income for a family of four as $78,800

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 Cut and Shoot

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 Cut and Shoot

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,600 $18,950 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $27,600 $31,550 $35,500 $39,400 $42,600 $45,750 $48,900 $52,050
80% of Median $44,150 $50,450 $56,750 $63,050 $68,100 $73,150 $78,200 $83,250