Affordable Housing In Gray County

6 Low Income Apartment Communities In Gray County

Pam Apartments

1200 N. Wells
Pampa, TX
Income Based
1 BR

Pampa Manor Apartments

2700 N Hobart St
Pampa, TX

Hampton Villages

1517 Alcock St
Pampa, TX
HCV Welcome

M539115, Sommerville and Wells Street

1400 W Somerville St
Pampa, TX
HCV Welcome

Schneider Apartments

120 S Russell St
Pampa, TX
HCV Welcome

Ha of Mclean

904 W 5th St
Mclean, TX
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Housing Authorities that serve Gray County

Housing Authority Programs
Panhandle Community Services Section 8 Housing Choice Voucher (HCV); Veteran Affairs Supportive Housing (VASH)

Other Housing Authorities located in Gray County

Housing Authority Programs
Housing Authority of McLean Public Housing

Guide To Affordable Housing in Gray County, Texas

There are 6 low income housing apartment communities offering 286 affordable apartments for rent in Gray County, Texas. Gray County features 136 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 150 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Gray County.

Sourced from federal housing data and research.

Gray County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 286
Total Housing Units with Rental Assistance 136
Percentage of Housing Units Occupied By Renters 26.46%
Average Renter Household Size 2.40
Average Household Size 2.59
Median Household Income $43,288 ±$2,693
Median Rent $674 ±$32
Percentage Of Renters Overburdened 37.84% ± 8.31pp
Total Population 22,983

Population and Household Demographics

Gray County is a County in Texas with a population of 22,983. There are 8,250 households in the county with an average household size of 2.59 persons. 26.46% of households in Gray County are renters.

Income and Rent Overburden in Gray County

The median gross income for households in Gray County is $43,288 a year, or $3,607 a month. The median rent for the county is $674 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Gray County, a household making less than $2,247 a month would be considered overburdened when renting an apartment at or above the median rent. 37.84% of households who rent are overburdened in Gray County.1

Area Median Income In Gray 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 Gray County, HUD calculates the Area Median Income for a family of four as $60,600

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 Gray 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 Gray County HUD Rental Assistance in Gray County

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 $37,600 $40,000
50% of Median $21,250 $24,250 $27,300 $30,300 $32,750 $35,150 $37,600 $40,000
80% of Median $33,950 $38,800 $43,650 $48,500 $52,400 $56,300 $60,150 $64,050
Low Income Housing Tax Credits in Gray County

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

From 1987 to 1994, 3 low income apartment communities containing 258 rental apartments have been constructed and made affordable to low income persons in Gray 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 Gray County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $21,250 $24,250 $27,300 $30,300 $32,750 $35,150 $37,600 $40,000
60% of Median $25,500 $29,100 $32,760 $36,360 $39,300 $42,180 $45,120 $48,000

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 Gray County is $32,760 a year, or $2,730 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,730 by 30% to get a maximum rent of $819 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% $531 $569 $683 $788 $879 $970
60% $638 $683 $819 $946 $1,055 $1,164
Fair Market Rents in Gray 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
$576 $590 $777 $1,033 $1,168

Cities In Gray County

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

City Listings Served By
Pampa 5 The HUD funded Public Housing Agency that serves Pampa is the Panhandle Community Services.
Mclean 1 The HUD funded Public Housing Agency that serves Mclean is the Panhandle Community Services.
Lefors 0 The HUD funded Public Housing Agency that serves Lefors is the Panhandle Community Services.