Affordable Housing In New Boston
Bowie County, Texas

8 Low Income Apartment Communities In New Boston

Dogwood Plaza

304 E. Hoskins #1-40
New Boston, TX
Income Based
1-3 BR

Link Homes

Oak Ter
New Boston, TX
Income Based
1 BR

Oak Terrace Building 2

#99-100 S. Davis St.
New Boston, TX
62+

Oak Terrace Building #1

400 E North st. #51-98,
New Boston, TX

corley homes

151-200 Arbell Hubbard Dr.
New Boston, TX

Wortham Circle

201-228 Westwood Circle
New Boston, TX
Subsidized

Wilson Homes

229-240 N. East St.
New Boston, TX
Subsidized

303 Rice St

303 Rice St
New Boston, TX
Subsidized
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Housing Authorities that serve New Boston

Housing Authority Programs
Bowie County Housing Authority Public Housing
Bowie County Housing Authority Public Housing
Ark-Tex Council of Governments Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in New Boston, Texas

According to federal housing data and AffordableHousingOnline.com research, there are 8 low income housing apartment communities offering 219 affordable apartments for rent in New Boston, Texas. New Boston features 219 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 New Boston.

New Boston, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 219
Total Housing Units with Rental Assistance 219
Percentage of Housing Units Occupied By Renters 47.54%
Average Renter Household Size 2.19
Average Household Size 2.53
Median Household Income $29,221 ±$4,915
Median Rent $597 ±$116
Percentage Of Renters Overburdened 60.71% ± 14.57pp
Total Population 4,730

Population and Household Demographics

New Boston is a City in Bowie County, Texas with a population of 4,730. There are 1,847 households in the city with an average household size of 2.53 persons. 47.54% of households in New Boston are renters.

Income and Rent Overburden in New Boston

The median gross income for households in New Boston is $29,221 a year, or $2,435 a month. The median rent for the city is $597 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In New Boston, a household making less than $1,990 a month would be considered overburdened when renting an apartment at or above the median rent. 60.71% of households who rent are overburdened in New Boston.1

Area Median Income In New Boston

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 New Boston, the AMI is calculated from all households within Bowie County.

In New Boston, HUD calculates the Area Median Income for a family of four as $54,600

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 New Boston

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 New Boston HUD Rental Assistance in New Boston

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

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 New Boston

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 New Boston 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 New Boston

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
$611 $624 $792 $996 $1,286