Low Income Apartments In Tarrant County
Texas
Low Income Apartments In Tarrant County
Mariposa Apartment Homes at Spring Hollow
There are 49 low income housing apartment complexes which contain 7,205 affordable apartments for rent in Tarrant County. Many of these rental apartments are income based housing with 821 apartments that set rent based on your income. In Tarrant County, HUD housing programs support 352 rental assistance apartments through programs like Project-based Section 8. There are 6,384 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.
Housing Authorities that serve Tarrant County
| Housing Authority | Programs |
|---|---|
| Tarrant County Housing Assistance Office | Section 8 Housing Choice Voucher (HCV) |
Other Housing Authorities located in Tarrant County
| Housing Authority | Programs |
|---|---|
| Fort Worth Housing Solutions | Section 8 Housing Choice Voucher (HCV); Public Housing |
| Haltom Ciy Housing Authority | Public Housing |
| Housing Authority of Grapevine | Section 8 Housing Choice Voucher (HCV); Public Housing |
| Arlington Housing Authority | Section 8 Housing Choice Voucher (HCV) |
Guide To Affordable Housing in Tarrant County, Texas
Tarrant County, TX Affordable Housing Snapshot
| Total Affordable Apartment Properties | 49 |
|---|---|
| Total Low Income Apartments | 7,205 |
| Total Rent Assisted Apartments | 821 |
| Percentage of Housing Units Occupied By Renters | 39.07% |
| Average Renter Household Size | 2.58 |
| Total Population | 1,914,526 |
| Housing Units | 673,737 |
| Average Household Size | 2.81 |
| Median Household Income | $58,711 ±$488 |
| Median Rent | $913 ±$8 |
| Percentage Of Renters Overburdened | 46.16% ± 0.87pp |
Population and Household Demographics
Tarrant County is a County in Texas with a population of 1,914,526. There are 673,737 households in the county with an average household size of 2.81 persons. 39.07% of households in Tarrant County are renters.
Income and Rent Overburden in Tarrant County
The median gross income for households in Tarrant County is $58,711 a year, or $4,893 a month. The median rent for the county is $913 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Tarrant County, a household making less than $3,043 a month would be considered overburdened when renting an apartment at or above the median rent. 46.16% of households who rent are overburdened in Tarrant County.1
Area Median Income In Tarrant 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 Tarrant County, HUD calculates the Area Median Income for a family of four as $76,000
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 Tarrant 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 Tarrant County HUD Rental Assistance in Tarrant County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% of Median | $16,000 | $18,250 | $21,330 | $25,750 | $30,170 | $34,590 | $39,010 | $43,430 |
| 50% of Median | $26,600 | $30,400 | $34,200 | $38,000 | $41,050 | $44,100 | $47,150 | $50,200 |
| 80% of Median | $42,600 | $48,650 | $54,750 | $60,800 | $65,700 | $70,550 | $75,400 | $80,300 |
Low Income Housing Tax Credits in Tarrant County
The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.
From 1988 to 2010, 89 low income apartment communities containing 14,561 rental apartments have been constructed and made affordable to low income persons in Tarrant 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 Tarrant County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 60% of Median | $31,920 | $36,480 | $41,040 | $45,600 | $49,260 | $52,920 | $56,580 | $60,240 |
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 Tarrant County is $41,040 a year, or $3,420 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,420 by 30% to get a maximum rent of $1,026 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% | $665 | $713 | $855 | $988 | $1,103 | $1,217 |
| 60% | $798 | $855 | $1,026 | $1,186 | $1,323 | $1,460 |
Fair Market Rents in Tarrant 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 |
|---|---|---|---|---|
| $754 | $853 | $1,068 | $1,460 | $1,851 |
Cities In Tarrant County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Listings | Served By |
|---|---|---|
| Fort Worth | 2 | The HUD funded Public Housing Agency that serves Fort Worth is the Fort Worth Housing Solutions. |
| Arlington | 27 | The HUD funded Public Housing Agencies that serve Arlington are the Tarrant County Housing Assistance Office and Arlington Housing Authority. |
| Euless | 5 | The HUD funded Public Housing Agencies that serve Euless are the Tarrant County Housing Assistance Office and Fort Worth Housing Solutions. |
| Keller | 1 | The HUD funded Public Housing Agencies that serve Keller are the Tarrant County Housing Assistance Office and Fort Worth Housing Solutions. |
| Saginaw | 2 | The HUD funded Public Housing Agencies that serve Saginaw are the Tarrant County Housing Assistance Office and Fort Worth Housing Solutions. |
| North Richland Hills | 2 | The HUD funded Public Housing Agency that serves North Richland Hills is the Tarrant County Housing Assistance Office. |
| Hurst | 3 | The HUD funded Public Housing Agencies that serve Hurst are the Tarrant County Housing Assistance Office and Fort Worth Housing Solutions. |
| Bedford | 1 | The HUD funded Public Housing Agencies that serve Bedford are the Tarrant County Housing Assistance Office and Fort Worth Housing Solutions. |
| Richland Hills | 0 | The HUD funded Public Housing Agency that serves Richland Hills is the Tarrant County Housing Assistance Office. |
| Kennedale | 1 | The HUD funded Public Housing Agency that serves Kennedale is the Tarrant County Housing Assistance Office. |
| Haltom City | 1 | The HUD funded Public Housing Agencies that serve Haltom City are the Haltom Ciy Housing Authority and Tarrant County Housing Assistance Office. |
| White Settlement | 1 | The HUD funded Public Housing Agencies that serve White Settlement are the Tarrant County Housing Assistance Office and Fort Worth Housing Solutions. |
| Benbrook | 1 | |
| Blue Mound | 0 | |
| Colleyville | 0 | |
| Dalworthington Gardens | 0 | |
| Edgecliff Village | 0 | |
| Everman | 0 | The HUD funded Public Housing Agency that serves Everman is the Fort Worth Housing Solutions. |
| Forest Hill | 1 | The HUD funded Public Housing Agency that serves Forest Hill is the Fort Worth Housing Solutions. |
| Lakeside | 0 | |
| Lake Worth | 0 | The HUD funded Public Housing Agency that serves Lake Worth is the Fort Worth Housing Solutions. |
| Newark | 0 | |
| Pantego | 0 | |
| Pecan Acres | 0 | |
| Pelican Bay | 0 | |
| Rendon | 0 | |
| River Oaks | 0 | |
| Sansom Park | 0 | |
| Watauga | 1 | |
| Westover Hills | 0 | |
| Westworth Village | 0 |
