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There are 0 low-income apartments in Caldwell Parish that offer reduced rents to eligible households.
Rental assistance programs support 172 low-income homes in Caldwell Parish where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $291 towards rent each month.
Affordable rent data for some communities last confirmed on April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving Caldwell Parish, Louisiana
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.
| Housing Authority | Programs |
|---|---|
| Housing Authority of the Parish of Caldwell | Section 8 Housing Choice Voucher (HCV); Public Housing |
Caldwell Parish, Louisiana Affordable Housing Data
Income Based Apartments in Caldwell Parish, Louisiana
Caldwell Parish features 172 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 Caldwell Parish, Louisiana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Caldwell Parish.
Housing Choice Vouchers in Caldwell Parish, Louisiana
On average, Section 8 Housing Choice vouchers pay Caldwell Parish landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Caldwell Parish.
The maximum amount a voucher would pay on behalf of a low-income tenant in Caldwell Parish, Louisiana for a two-bedroom apartment is between $854 and $1,044.
2024 Caldwell Parish, Louisiana 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.
| Studio | One BR | Two BR | Three BR | Four BR | |
|---|---|---|---|---|---|
| Caldwell Parish, Louisiana Fair Market Rent | $710 | $722 | $949 | $1,147 | $1,376 |
| Caldwell Parish, Louisiana Payment Standard Range | $639 to $781 | $650 to $794 | $854 to $1,044 | $1,032 to $1,262 | $1,238 to $1,514 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Caldwell Parish, LA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 3 |
|---|---|
| Total Low Income Apartments | 172 |
| Total Housing Units with Rental Assistance | 172 |
| Percentage of Housing Units Occupied By Renters | 25.22% |
| Average Renter Household Size | 2.43 |
| Average Household Size | 2.48 |
| Median Household Income | $33,294 ±$4,550 |
| Median Rent | $513 ±$45 |
| Percentage Of Renters Overburdened | 36.47% ± 10.35pp |
| Total Population | 9,990 |
Population and Household Demographics
Caldwell Parish is a county in Louisiana with a population of 9,990. There are 3,838 households in the county with an average household size of 2.48 persons. 25.22% of households in Caldwell Parish are renters.
Income and Rent Overburden in Caldwell Parish
The median gross income for households in Caldwell Parish is $33,294 a year, or $2,775 a month. The median rent for the county is $513 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Caldwell Parish, a household making less than $1,710 a month would be considered overburdened when renting an apartment at or above the median rent. 36.47% of households who rent are overburdened in Caldwell Parish.
Area Median Income In Caldwell Parish
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 Caldwell Parish, HUD calculates the Area Median Income for a family of four as $67,600
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 Caldwell Parish
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 Caldwell Parish
| 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person | |
|---|---|---|---|---|---|---|---|---|
| 30% AMI Income Limits Renters earning up to 30% of the Caldwell Parish AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$14,580 | $19,720 | $24,860 | $28,650 | $30,950 | $33,250 | $35,550 | $37,850 |
| 50% AMI Income Limits Renters earning up to 50% of the Caldwell Parish AMI may qualify for rental assistance programs that target Very Low Income households. |
$20,100 | $22,950 | $25,800 | $28,650 | $30,950 | $33,250 | $35,550 | $37,850 |
| 80% AMI Income Limits Renters earning up to 80% of the Caldwell Parish AMI may qualify for rental assistance programs that target Low Income households. |
$32,100 | $36,700 | $41,300 | $45,850 | $49,550 | $53,200 | $56,900 | $60,550 |
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