Affordable Housing In Hamilton County
Texas

2 Low Income Apartment Communities In Hamilton County

Housing Authorities that serve Hamilton County

Housing Authority	Programs
Central Texas Council of Governments	Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Hamilton County

Housing Authority	Programs
Housing Authority of Hamilton	Public Housing
Housing Authority of Hico	Public Housing

Guide To Affordable Housing in Hamilton County, Texas

According to federal housing data and AffordableHousingOnline.com research, there are 2 low income housing apartment communities offering 74 affordable apartments for rent in Hamilton County, Texas. Hamilton County features 74 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 Hamilton County.

Hamilton County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties	2
Total Low Income Apartments	74
Total Housing Units with Rental Assistance	74
Percentage of Housing Units Occupied By Renters	27.29%
Average Renter Household Size	2.62
Average Household Size	2.52
Median Household Income	$42,432 ±$5,528
Median Rent	$638 ±$58
Percentage Of Renters Overburdened	36.92% ± 12.05pp
Total Population	8,266

Population and Household Demographics

Hamilton County is a County in Texas with a population of 8,266. There are 3,166 households in the county with an average household size of 2.52 persons. 27.29% of households in Hamilton County are renters.

Income and Rent Overburden in Hamilton County

The median gross income for households in Hamilton County is $42,432 a year, or $3,536 a month. The median rent for the county is $638 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hamilton County, a household making less than $2,127 a month would be considered overburdened when renting an apartment at or above the median rent. 36.92% of households who rent are overburdened in Hamilton County.¹

Area Median Income In Hamilton 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 Hamilton 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 Hamilton 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 Hamilton County HUD Rental Assistance in Hamilton 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 Hamilton County

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

From 2006 to 2006, 1 low income apartment communities containing 18 rental apartments have been constructed and made affordable to low income persons in Hamilton 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 Hamilton 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 Hamilton 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 Hamilton 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
$529	$618	$714	$890	$1,074