Low Income Apartments In Garza County
Texas

Low Income Apartments In Garza County

Post Manor CO Ashcroft Group

802 W 15th St
Post, TX
Subsidized

23 Burlington Pl

23 Burlington Pl
Post, TX
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There are 2 low income housing apartment complexes which contain 114 affordable apartments for rent in Garza County, Texas. Many of these rental apartments are income based housing with about 114 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 0 Project-Based Section 8 subsidized apartments in Garza 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.

Housing Authorities that serve Garza County

Housing Authority Programs
South Plains Regional Housing Authority Section 8 Housing Choice Voucher

Other Housing Authorities located in Garza County

Housing Authority Programs
Housing Authority of Post Public Housing

Guide To Affordable Housing in Garza County, Texas

Garza County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 114
Total Rent Assisted Apartments 114
Percentage of Housing Units Occupied By Renters 32.96%
Average Renter Household Size 3.36
Total Population 6,410
Housing Units 1,532
Average Household Size 2.70
Median Household Income $48,508 ±$5,305
Median Rent $727 ±$160
Percentage Of Renters Overburdened 23.56% ± NANpp

Population and Household Demographics

Garza County is a County in Texas with a population of 6,410. There are 1,532 households in the county with an average household size of 2.70 persons. 32.96% of households in Garza County are renters.

Income and Rent Overburden in Garza County

The median gross income for households in Garza County is $48,508 a year, or $4,042 a month. The median rent for the county is $727 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Garza County, a household making less than $2,423 a month would be considered overburdened when renting an apartment at or above the median rent. 23.56% of households who rent are overburdened in Garza County.1

Area Median Income In Garza 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 Garza County, HUD calculates the Area Median Income for a family of four as $56,800

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 Garza 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 Garza County HUD Rental Assistance in Garza 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 $32,950 $35,250 $37,500
50% of Median $19,900 $22,750 $25,600 $28,400 $30,700 $32,950 $35,250 $37,500
80% of Median $31,850 $36,400 $40,950 $45,450 $49,100 $52,750 $56,400 $60,000
Low Income Housing Tax Credits in Garza County

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

From 1992 to 1992, 1 low income apartment communities containing 23 rental apartments have been constructed and made affordable to low income persons in Garza 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 Garza County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $23,880 $27,300 $30,720 $34,080 $36,840 $39,540 $42,300 $45,000

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 Garza County is $30,720 a year, or $2,560 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,560 by 30% to get a maximum rent of $768 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% $498 $533 $640 $739 $824 $909
60% $597 $640 $768 $887 $989 $1,091
Fair Market Rents in Garza 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
$526 $557 $700 $1,012 $1,230

Cities In Garza County

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

City Listings Served By
Post 2 The HUD funded Public Housing Agency that serves Post is the Housing Authority of Post.