Saginaw, Texas Affordable Housing

Waiting Lists in Saginaw, Texas

There is one Section 8 Housing Choice Voucher waiting list open in Saginaw.

• City of Dallas; and Collin, Dallas, Denton, Ellis, Kaufman, Rockwall, and Tarrant County, Texas is currently open for new Section 8 applications.

Go to the Texas Section 8 Waiting Lists page for more openings near Saginaw.

Public Housing Agencies Serving Saginaw, 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.

Saginaw, Texas Affordable Housing Data

Income Based Apartments in Saginaw, Texas

Saginaw features 0 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 Saginaw, Texas

There are 194 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Saginaw.

Housing Choice Vouchers in Saginaw, Texas

On average, Section 8 Housing Choice vouchers pay Saginaw landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Saginaw.

The maximum amount a voucher would pay on behalf of a low-income tenant in Saginaw, Texas for a two-bedroom apartment is between $1,310 and $1,602.

2023 Saginaw, 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.

Sourced from federal housing data and AffordableHousingOnline.com research.

Saginaw, TX Affordable Housing Snapshot

Population and Household Demographics

Saginaw is a city in Tarrant County, Texas with a population of 21,270. There are 6,749 households in the city with an average household size of 3.15 persons. 22.98% of households in Saginaw are renters.

Income and Rent Overburden in Saginaw

The median gross income for households in Saginaw is $74,903 a year, or $6,242 a month. The median rent for the city is $1,120 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Saginaw, a household making less than $3,733 a month would be considered overburdened when renting an apartment at or above the median rent. 47.39% of households who rent are overburdened in Saginaw.

Area Median Income In Saginaw

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 Saginaw, the AMI is calculated from all households within Tarrant County.

In Saginaw, HUD calculates the Area Median Income for a family of four as $92,300

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 Saginaw

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 Saginaw