Affordable Housing In Throckmorton County

2 Low Income Apartment Communities In Throckmorton County

Ha of Throckmorton

500 S Minter Ave
Throckmorton, TX

408 W High St

408 W High St
Throckmorton, TX
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Housing Authorities that serve Throckmorton County

Housing Authority Programs
Abilene Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Mainstream Voucher; Section 8 HCV Money Follows the Person (MFP); Public Housing Money Follows the Person (MFP)

Other Housing Authorities located in Throckmorton County

Housing Authority Programs
Housing Authority of Throckmorton Public Housing

Guide To Affordable Housing in Throckmorton County, Texas

According to federal housing data and research, there are 2 low income housing apartment communities offering 41 affordable apartments for rent in Throckmorton County, Texas. Throckmorton County features 41 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 Throckmorton County.

Throckmorton County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 41
Total Housing Units with Rental Assistance 41
Percentage of Housing Units Occupied By Renters 28.1%
Average Renter Household Size 2.21
Average Household Size 2.17
Median Household Income $41,042 ±$6,334
Median Rent $461 ±$59
Percentage Of Renters Overburdened 24.37% ± 16.79pp
Total Population 1,545

Population and Household Demographics

Throckmorton County is a County in Texas with a population of 1,545. There are 701 households in the county with an average household size of 2.17 persons. 28.1% of households in Throckmorton County are renters.

Income and Rent Overburden in Throckmorton County

The median gross income for households in Throckmorton County is $41,042 a year, or $3,420 a month. The median rent for the county is $461 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Throckmorton County, a household making less than $1,537 a month would be considered overburdened when renting an apartment at or above the median rent. 24.37% of households who rent are overburdened in Throckmorton County.1

Area Median Income In Throckmorton 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 Throckmorton County, HUD calculates the Area Median Income for a family of four as $63,400

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 Throckmorton 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 Throckmorton County HUD Rental Assistance in Throckmorton County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,100 $16,910 $21,330 $25,750 $30,170 $34,590 $38,550 $41,000
50% of Median $21,750 $24,850 $27,950 $31,050 $33,550 $36,050 $38,550 $41,000
80% of Median $34,800 $39,800 $44,750 $49,700 $53,700 $57,700 $61,650 $65,650

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 Throckmorton County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $21,750 $24,850 $27,950 $31,050 $33,550 $36,050 $38,550 $41,000
60% of Median $26,100 $29,820 $33,540 $37,260 $40,260 $43,260 $46,260 $49,200

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 Throckmorton County is $33,540 a year, or $2,795 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,795 by 30% to get a maximum rent of $839 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% $544 $583 $699 $808 $901 $994
60% $653 $699 $839 $969 $1,082 $1,193
Fair Market Rents in Throckmorton 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.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$529 $570 $714 $1,030 $1,074

Cities In Throckmorton County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Throckmorton 2 The HUD funded Public Housing Agencies that serve Throckmorton are the Housing Authority of Throckmorton and Abilene Housing Authority.
Elbert 0 The HUD funded Public Housing Agency that serves Elbert is the Abilene Housing Authority.
Woodson 0 The HUD funded Public Housing Agency that serves Woodson is the Abilene Housing Authority.