Affordable Housing In Mabank
Henderson County, Texas

4 Low Income Apartment Communities In Mabank

The Bluestone Apartments

1000 Blue Stone Cir
Mabank, Texas

Pecan Grove Village Apartments

401 N 3rd St
Mabank, Texas

Stoneleaf at Glen Rose

1302 South 3rd Street
Mabank, Texas

200 E Jack St

200 E Jack St
Mabank, Texas
  • «
  • 1
  • »

Section 8 Vouchers, Apartments, and Waiting Lists in Mabank, Texas

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Mabank, Texas

Housing Authority Programs
Housing Authority of Mabank Public Housing
Athens Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Mabank, Texas

There are 4 low income housing apartment communities offering 179 affordable apartments for rent in Mabank, Texas.

Income Based Apartments in Mabank, Texas

Mabank features 30 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Mabank, Texas

There are 149 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mabank.

Housing Choice Vouchers in Mabank, Texas

On average, Section 8 Housing Choice vouchers pay Mabank landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Mabank.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mabank, Texas for a two-bedroom apartment is between $749 and $915.

2022 Mabank, Texas Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Mabank, Texas Fair Market Rent $628 $632 $832 $1,082 $1,201
Mabank, Texas Payment Standard Range $565 to $691 $569 to $695 $749 to $915 $974 to $1,190 $1,081 to $1,321

Sourced from federal housing data and research.

Mabank, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 179
Total Housing Units with Rental Assistance 30
Percentage of Housing Units Occupied By Renters 55.2%
Average Renter Household Size 2.40
Average Household Size 2.85
Median Household Income $33,764 ±$5,939
Median Rent $701 ±$108
Percentage Of Renters Overburdened 65.46% ± 19.35pp
Total Population 3,327

Population and Household Demographics

Mabank is a city in Henderson County, Texas with a population of 3,327. There are 1,154 households in the city with an average household size of 2.85 persons. 55.2% of households in Mabank are renters.

Income and Rent Overburden in Mabank

The median gross income for households in Mabank is $33,764 a year, or $2,814 a month. The median rent for the city is $701 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mabank, a household making less than $2,337 a month would be considered overburdened when renting an apartment at or above the median rent. 65.46% of households who rent are overburdened in Mabank.

Area Median Income In Mabank

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 Mabank, the AMI is calculated from all households within Henderson County.

In Mabank, HUD calculates the Area Median Income for a family of four as $54,800

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 Mabank

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 HUD Rental Assistance in Mabank

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Mabank AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $31,040 $35,350 $37,800 $40,200
50% AMI Income Limits
Renters earning up to 50% of the Mabank AMI may qualify for rental assistance programs that target Very Low Income households.
$21,350 $24,400 $27,450 $30,450 $32,900 $35,350 $37,800 $40,200
80% AMI Income Limits
Renters earning up to 80% of the Mabank AMI may qualify for rental assistance programs that target Low Income households.
$34,100 $39,000 $43,850 $48,700 $52,600 $56,500 $60,400 $64,300