Affordable Housing In Pampa
Gray County, Texas

5 Low Income Apartment Communities In Pampa

Pam Apartments

1200 N. Wells
Pampa, TX
Income Based
1 BR

Pampa Manor Apartments

2700 N Hobart St
Pampa, TX

Hampton Villages

1517 Alcock St
Pampa, TX
HCV Welcome

M539115, Sommerville and Wells Street

1400 W Somerville St
Pampa, TX
HCV Welcome

Schneider Apartments

120 S Russell St
Pampa, TX
HCV Welcome
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Housing Authorities that serve Pampa

Housing Authority Programs
Panhandle Community Services Section 8 Housing Choice Voucher (HCV); Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in Pampa, Texas

According to federal housing data and research, there are 5 low income housing apartment communities offering 278 affordable apartments for rent in Pampa, Texas. Pampa features 128 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 150 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Pampa.

Pampa, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 278
Total Housing Units with Rental Assistance 128
Percentage of Housing Units Occupied By Renters 27.46%
Average Renter Household Size 2.35
Average Household Size 2.55
Median Household Income $42,205 ±$2,531
Median Rent $685 ±$31
Percentage Of Renters Overburdened 41.15% ± 9.1pp
Total Population 18,216

Population and Household Demographics

Pampa is a City in Gray County, Texas with a population of 18,216. There are 7,053 households in the city with an average household size of 2.55 persons. 27.46% of households in Pampa are renters.

Income and Rent Overburden in Pampa

The median gross income for households in Pampa is $42,205 a year, or $3,517 a month. The median rent for the city is $685 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pampa, a household making less than $2,283 a month would be considered overburdened when renting an apartment at or above the median rent. 41.15% of households who rent are overburdened in Pampa.1

Area Median Income In Pampa

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 Pampa, the AMI is calculated from all households within Gray County.

In Pampa, 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 Pampa

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 Pampa HUD Rental Assistance in Pampa

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 Pampa

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

From 1987 to 1994, 3 low income apartment communities containing 258 rental apartments have been constructed and made affordable to low income persons in Pampa 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 Pampa

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 Pampa 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 Pampa

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
$576 $590 $777 $1,033 $1,168