Affordable Housing In Grand Saline
Van Zandt County, Texas

2 Low Income Apartment Communities In Grand Saline

600 Circle Dr

600 Circle Dr
Grand Saline, TX

Spring Creek Apartments

404 Clearwater Rd
Grand Saline, TX
Subsidized
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Housing Authorities that serve Grand Saline

Housing Authority Programs
Housing Authority of Grand Saline Public Housing
Housing Authority of Edgewood Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Grand Saline, Texas

There are 2 low income housing apartment communities offering 131 affordable apartments for rent in Grand Saline, Texas. Grand Saline features 131 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 0 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Grand Saline.

Sourced from federal housing data and AffordableHousingOnline.com research.

Grand Saline, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 131
Total Housing Units with Rental Assistance 131
Percentage of Housing Units Occupied By Renters 39.23%
Average Renter Household Size 2.90
Average Household Size 3.27
Median Household Income $31,853 ±$4,219
Median Rent $665 ±$161
Percentage Of Renters Overburdened 46.82% ± 13.17pp
Total Population 3,108

Population and Household Demographics

Grand Saline is a City in Van Zandt County, Texas with a population of 3,108. There are 882 households in the city with an average household size of 3.27 persons. 39.23% of households in Grand Saline are renters.

Income and Rent Overburden in Grand Saline

The median gross income for households in Grand Saline is $31,853 a year, or $2,654 a month. The median rent for the city is $665 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Grand Saline, a household making less than $2,217 a month would be considered overburdened when renting an apartment at or above the median rent. 46.82% of households who rent are overburdened in Grand Saline.1

Area Median Income In Grand Saline

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 Grand Saline, the AMI is calculated from all households within Van Zandt County.

In Grand Saline, HUD calculates the Area Median Income for a family of four as $60,500

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 Grand Saline

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 Grand Saline HUD Rental Assistance in Grand Saline

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,750 $16,910 $21,330 $25,750 $30,170 $34,590 $37,550 $39,950
50% of Median $21,200 $24,200 $27,250 $30,250 $32,700 $35,100 $37,550 $39,950
80% of Median $33,900 $38,750 $43,600 $48,400 $52,300 $56,150 $60,050 $63,900
Low Income Housing Tax Credits in Grand Saline

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

From 1991 to 1991, 1 low income apartment communities containing 28 rental apartments have been constructed and made affordable to low income persons in Grand Saline 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 Grand Saline

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $21,200 $24,200 $27,250 $30,250 $32,700 $35,100 $37,550 $39,950
60% of Median $25,440 $29,040 $32,700 $36,300 $39,240 $42,120 $45,060 $47,940

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 Grand Saline is $32,700 a year, or $2,725 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,725 by 30% to get a maximum rent of $818 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% $530 $568 $681 $787 $878 $969
60% $636 $681 $818 $944 $1,053 $1,163
Fair Market Rents in Grand Saline

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
$568 $582 $766 $1,054 $1,131