Low Income Apartments In Kenedy
Karnes County, Texas

Low Income Apartments In Kenedy

Town Oaks of Kenedy

120 Water St
Kenedy, TX
Subsidized

M - Rhd - 2001

Graham St
Kenedy, TX
HCV Welcome

Bluebonnet Square

101 Evans Ave
Kenedy, TX
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There are 3 low income housing apartment complexes which contain 108 affordable apartments for rent in Kenedy, Texas. Many of these rental apartments are income based housing with about 88 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 48 Project-Based Section 8 subsidized apartments in Kenedy. There are 20 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 Kenedy

Housing Authority Programs
Kenedy Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Kenedy, Texas

Kenedy, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 108
Total Rent Assisted Apartments 88
Percentage of Housing Units Occupied By Renters 30.44%
Average Renter Household Size 4.18
Total Population 3,410
Housing Units 1,061
Average Household Size 3.15
Median Household Income $39,970 ±$8,456
Median Rent $576 ±$205
Percentage Of Renters Overburdened 42.11% ± 23.7pp

Population and Household Demographics

Kenedy is a City in Karnes County, Texas with a population of 3,410. There are 1,061 households in the city with an average household size of 3.15 persons. 30.44% of households in Kenedy are renters.

Income and Rent Overburden in Kenedy

The median gross income for households in Kenedy is $39,970 a year, or $3,331 a month. The median rent for the city is $576 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Kenedy, a household making less than $1,920 a month would be considered overburdened when renting an apartment at or above the median rent. 42.11% of households who rent are overburdened in Kenedy.1

Area Median Income In Kenedy

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 Kenedy, the AMI is calculated from all households within Karnes County.

In Kenedy, HUD calculates the Area Median Income for a family of four as $62,000

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 Kenedy

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 Kenedy HUD Rental Assistance in Kenedy

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,050 $16,910 $21,330 $25,750 $30,170 $34,590 $38,450 $40,950
50% of Median $21,700 $24,800 $27,900 $31,000 $33,500 $36,000 $38,450 $40,950
80% of Median $34,750 $39,700 $44,650 $49,600 $53,600 $57,550 $61,550 $65,500
Low Income Housing Tax Credits in Kenedy

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

From 1987 to 1987, 1 low income apartment communities containing 48 rental apartments have been constructed and made affordable to low income persons in Kenedy 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 Kenedy

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $26,040 $29,760 $33,480 $37,200 $40,200 $43,200 $46,140 $49,140

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 Kenedy is $33,480 a year, or $2,790 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,790 by 30% to get a maximum rent of $837 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% $543 $581 $698 $806 $900 $993
60% $651 $698 $837 $968 $1,080 $1,191
Fair Market Rents in Kenedy

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
$502 $581 $769 $963 $1,185