Affordable Housing In Fannin County
16 Low Income Apartment Communities In Fannin County
Housing Authorities that serve Fannin County
|Texoma Council of Governments||Section 8 Housing Choice Voucher (HCV)|
Other Housing Authorities located in Fannin County
|Housing Authority of Bonham||Public Housing|
|Housing Authority of Ector||Public Housing|
|Housing Authority of Bells||Public Housing|
|Housing Authority of Pottsboro||Public Housing|
|Housing Authority of Ladonia||Public Housing|
|Housing Authority of Honey Grove||Public Housing|
|Housing Authority of Savoy||Public Housing|
|Housing Authority of City of Leonard||Public Housing|
|Housing Authority of Whitewright||Public Housing|
|Housing Authority of Howe||Public Housing|
|Housing Authority of Tom Bean||Public Housing|
|Housing Authority of Trenton||Public Housing|
|Housing Authority of Van Alstyne||Public Housing|
|Housing Authority of Gunter||Public Housing|
|Housing Authority of Windom||Public Housing|
Guide To Affordable Housing in Fannin County, Texas
There are 16 low income housing apartment communities offering 617 affordable apartments for rent in Fannin County, Texas. Fannin County features 408 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 209 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Fannin County.
Sourced from federal housing data and AffordableHousingOnline.com research.
Fannin County, TX Affordable Housing Snapshot
|Total Affordable Apartment Properties||16|
|Total Low Income Apartments||617|
|Total Housing Units with Rental Assistance||408|
|Percentage of Housing Units Occupied By Renters||25.54%|
|Average Renter Household Size||2.68|
|Average Household Size||2.56|
|Median Household Income||$44,071 ±$2,934|
|Median Rent||$688 ±$35|
|Percentage Of Renters Overburdened||42.38% ± 6.17pp|
Population and Household Demographics
Fannin County is a County in Texas with a population of 33,748. There are 11,974 households in the county with an average household size of 2.56 persons. 25.54% of households in Fannin County are renters.
Income and Rent Overburden in Fannin County
The median gross income for households in Fannin County is $44,071 a year, or $3,673 a month. The median rent for the county is $688 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fannin County, a household making less than $2,293 a month would be considered overburdened when renting an apartment at or above the median rent. 42.38% of households who rent are overburdened in Fannin County.1
Area Median Income In Fannin 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 Fannin County, HUD calculates the Area Median Income for a family of four as $59,600
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 Fannin 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 Fannin County HUD Rental Assistance in Fannin County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$12,550||$16,910||$21,330||$25,750||$30,170||$34,590||$37,000||$39,350|
|50% of Median||$20,900||$23,850||$26,850||$29,800||$32,200||$34,600||$37,000||$39,350|
|80% of Median||$33,400||$38,200||$42,950||$47,700||$51,550||$55,350||$59,150||$63,000|
Fair Market Rents in Fannin 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|
Cities In Fannin County
Select A City to View its Apartment Communities and Waiting Lists.
|Bonham||6||The HUD funded Public Housing Agencies that serve Bonham are the Housing Authority of Bonham and Texoma Council of Governments.|
|Honey Grove||2||The HUD funded Public Housing Agency that serves Honey Grove is the Texoma Council of Governments.|
|Leonard||2||The HUD funded Public Housing Agencies that serve Leonard are the Housing Authority of City of Leonard and Texoma Council of Governments.|
|Whitewright||3||The HUD funded Public Housing Agency that serves Whitewright is the Texoma Council of Governments.|
|Ladonia||1||The HUD funded Public Housing Agency that serves Ladonia is the Texoma Council of Governments.|
|Bailey||0||The HUD funded Public Housing Agency that serves Bailey is the Texoma Council of Governments.|
|Dodd City||0||The HUD funded Public Housing Agency that serves Dodd City is the Texoma Council of Governments.|
|Ector||1||The HUD funded Public Housing Agency that serves Ector is the Texoma Council of Governments.|
|Ravenna||0||The HUD funded Public Housing Agency that serves Ravenna is the Texoma Council of Governments.|
|Savoy||1||The HUD funded Public Housing Agency that serves Savoy is the Texoma Council of Governments.|
|Trenton||1||The HUD funded Public Housing Agency that serves Trenton is the Texoma Council of Governments.|
|Windom||0||The HUD funded Public Housing Agency that serves Windom is the Texoma Council of Governments.|