Affordable Housing In Troup
Cherokee County, Texas

Troup city limits extend into  Cherokee County and  Smith County.

2 Low Income Apartment Communities In Troup

Troup Seniors

815 S Athena St
Troup, TX
HCV Welcome

Troup Apartments

106 E Paschal St
Troup, TX
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There are 2 low income housing apartment complexes which contain 42 affordable apartments for rent in Troup. Many of these rental apartments are income based housing with 0 apartments that set rent based on your income. In Troup, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 42 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Troup

Housing Authority Programs
Jacksonville Housing Authority Section 8 Housing Choice Voucher (HCV)
City of Tyler Housing Agency Section 8 Housing Choice Voucher (HCV)
Rusk Housing Authority Section 8 Housing Choice Voucher (HCV)
Housing Authority of Alto Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Troup, Texas

Troup, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 42
Total Rent Assisted Apartments 0
Percentage of Housing Units Occupied By Renters 42.25%
Average Renter Household Size 2.87
Total Population 1,661
Housing Units 632
Average Household Size 2.63
Median Household Income $29,474 ±$6,594
Median Rent $678 ±$54
Percentage Of Renters Overburdened 52.81% ± 17.58pp

Population and Household Demographics

Troup is a City in Cherokee County, Texas with a population of 1,661. There are 632 households in the city with an average household size of 2.63 persons. 42.25% of households in Troup are renters.

Income and Rent Overburden in Troup

The median gross income for households in Troup is $29,474 a year, or $2,456 a month. The median rent for the city is $678 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Troup, a household making less than $2,260 a month would be considered overburdened when renting an apartment at or above the median rent. 52.81% of households who rent are overburdened in Troup.1

Area Median Income In Troup

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 Troup, the AMI is calculated from all households within Cherokee County.

In Troup, HUD calculates the Area Median Income for a family of four as $52,800

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 Troup

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 Troup HUD Rental Assistance in Troup

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
Low Income Housing Tax Credits in Troup

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

From 1994 to 1994, 1 low income apartment communities containing 36 rental apartments have been constructed and made affordable to low income persons in Troup 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 Troup

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 Troup 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 Troup

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
$537 $541 $715 $934 $1,006