Low Income Apartments In Foard County
Texas

Low Income Apartments In Foard County

409 E California St

409 E California St
Crowell, TX
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There are 1 low income housing apartment complexes which contain 30 affordable apartments for rent in Foard County, Texas. Many of these rental apartments are income based housing with about 30 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 0 Project-Based Section 8 subsidized apartments in Foard County. There are 0 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Other Housing Authorities located in Foard County

Housing Authority Programs
Housing Authority of the City of Crowell Public Housing

Guide To Affordable Housing in Foard County, Texas

Foard County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 30
Total Rent Assisted Apartments 30
Percentage of Housing Units Occupied By Renters 21.5%
Average Renter Household Size 2.21
Total Population 1,197
Housing Units 507
Average Household Size 2.30
Median Household Income $36,477 ±$7,406
Median Rent $300 ±$106
Percentage Of Renters Overburdened 15.6% ± 19.47pp

Population and Household Demographics

Foard County is a County in Texas with a population of 1,197. There are 507 households in the county with an average household size of 2.30 persons. 21.5% of households in Foard County are renters.

Income and Rent Overburden in Foard County

The median gross income for households in Foard County is $36,477 a year, or $3,040 a month. The median rent for the county is $300 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Foard County, a household making less than $1,000 a month would be considered overburdened when renting an apartment at or above the median rent. 15.6% of households who rent are overburdened in Foard County.1

Area Median Income In Foard 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 Foard County, HUD calculates the Area Median Income for a family of four as $52,200

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 Foard 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 Foard County HUD Rental Assistance in Foard County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,140 $16,460 $20,780 $25,100 $29,420 $32,800 $35,050 $37,300
50% of Median $19,800 $22,600 $25,450 $28,250 $30,550 $32,800 $35,050 $37,300
80% of Median $31,650 $36,200 $40,700 $45,200 $48,850 $52,450 $56,050 $59,700

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 Foard County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $23,760 $27,120 $30,540 $33,900 $36,660 $39,360 $42,060 $44,760

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 Foard County is $30,540 a year, or $2,545 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,545 by 30% to get a maximum rent of $764 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% $495 $530 $636 $735 $820 $904
60% $594 $636 $764 $882 $984 $1,085
Fair Market Rents in Foard 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.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$564 $597 $751 $997 $1,157

Cities In Foard County

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

City Listings Served By
Crowell 1 The HUD funded Public Housing Agency that serves Crowell is the Housing Authority of the City of Crowell.