Affordable Housing In Lamb County
Texas

6 Low Income Apartment Communities In Lamb County

College Heights

934 E 14th St
Littlefield, TX
Subsidized

Texas

13th B
Olton, TX
HCV Welcome

Littlefield Manor

1601A S Wicker Ave
Littlefield, TX
Subsidized

Earth Housing Development Corp

101 SW 2nd St
Earth, TX
Subsidized

Amherst Capital Lp

First & Madison
Amherst, TX

Amherst Capital Apartments

1st St & Madison Ave
Amherst, TX
Subsidized
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There are 6 low income housing apartment complexes which contain 131 affordable apartments for rent in Lamb County. Many of these rental apartments are income based housing with 101 apartments that set rent based on your income. In Lamb County, HUD housing programs support 48 rental assistance apartments through programs like Project-based Section 8. There are 30 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Lamb County

Housing Authority Programs
South Plains Regional Housing Authority Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Lamb County

Housing Authority Programs
Housing Authority of Olton Public Housing

Guide To Affordable Housing in Lamb County, Texas

Lamb County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 131
Total Rent Assisted Apartments 101
Percentage of Housing Units Occupied By Renters 30.22%
Average Renter Household Size 2.97
Total Population 13,742
Housing Units 4,865
Average Household Size 2.78
Median Household Income $39,851 ±$3,148
Median Rent $622 ±$37
Percentage Of Renters Overburdened 21.77% ± 5.89pp

Population and Household Demographics

Lamb County is a County in Texas with a population of 13,742. There are 4,865 households in the county with an average household size of 2.78 persons. 30.22% of households in Lamb County are renters.

Income and Rent Overburden in Lamb County

The median gross income for households in Lamb County is $39,851 a year, or $3,321 a month. The median rent for the county is $622 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lamb County, a household making less than $2,073 a month would be considered overburdened when renting an apartment at or above the median rent. 21.77% of households who rent are overburdened in Lamb County.1

Area Median Income In Lamb 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 Lamb County, HUD calculates the Area Median Income for a family of four as $53,800

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 Lamb 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 Lamb County HUD Rental Assistance in Lamb County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $30,170 $34,050 $36,400 $38,750
50% of Median $20,550 $23,500 $26,450 $29,350 $31,700 $34,050 $36,400 $38,750
80% of Median $32,900 $37,600 $42,300 $46,950 $50,750 $54,500 $58,250 $62,000
Low Income Housing Tax Credits in Lamb County

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

From 1991 to 1995, 2 low income apartment communities containing 33 rental apartments have been constructed and made affordable to low income persons in Lamb 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 Lamb County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $20,550 $23,500 $26,450 $29,350 $31,700 $34,050 $36,400 $38,750
60% of Median $24,660 $28,200 $31,740 $35,220 $38,040 $40,860 $43,680 $46,500

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 Lamb County is $31,740 a year, or $2,645 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,645 by 30% to get a maximum rent of $794 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% $514 $551 $661 $763 $851 $939
60% $617 $661 $794 $916 $1,022 $1,127
Fair Market Rents in Lamb 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 $611 $700 $896 $946

Cities In Lamb County

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

City Listings Served By
Littlefield 2
Amherst 2
Earth 1
Sudan 0
Olton 1
Spade 0
Springlake 0