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There are 351 low-income apartments in Vernon Parish that offer reduced rents to eligible households.
Rental assistance programs support 396 low-income homes in Vernon Parish where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $270 towards rent each month.
Affordable rent data for some communities last confirmed on June 25th, 2024. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving Vernon 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 Vernon Parish | Section 8 Housing Choice Voucher (HCV); Public Housing |
Vernon Parish, Louisiana Affordable Housing Data
Income Based Apartments in Vernon Parish, Louisiana
Vernon Parish features 396 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 Vernon Parish, Louisiana
There are 351 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Vernon Parish.
Housing Choice Vouchers in Vernon Parish, Louisiana
On average, Section 8 Housing Choice vouchers pay Vernon Parish landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Vernon Parish.
The maximum amount a voucher would pay on behalf of a low-income tenant in Vernon Parish, Louisiana for a two-bedroom apartment is between $939 and $1,147.
2024 Vernon 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 | |
|---|---|---|---|---|---|
| Vernon Parish, Louisiana Fair Market Rent | $789 | $794 | $1,043 | $1,342 | $1,465 |
| Vernon Parish, Louisiana Payment Standard Range | $710 to $868 | $715 to $873 | $939 to $1,147 | $1,208 to $1,476 | $1,319 to $1,612 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Vernon Parish, LA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 44 |
|---|---|
| Total Low Income Apartments | 775 |
| Total Housing Units with Rental Assistance | 396 |
| Percentage of Housing Units Occupied By Renters | 46.49% |
| Average Renter Household Size | 2.83 |
| Average Household Size | 2.82 |
| Median Household Income | $46,312 ±$1,385 |
| Median Rent | $913 ±$13 |
| Percentage Of Renters Overburdened | 35.91% ± 3.28pp |
| Total Population | 52,476 |
Population and Household Demographics
Vernon Parish is a county in Louisiana with a population of 52,476. There are 17,842 households in the county with an average household size of 2.82 persons. 46.49% of households in Vernon Parish are renters.
Income and Rent Overburden in Vernon Parish
The median gross income for households in Vernon Parish is $46,312 a year, or $3,859 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 Vernon Parish, a household making less than $3,043 a month would be considered overburdened when renting an apartment at or above the median rent. 35.91% of households who rent are overburdened in Vernon Parish.
Area Median Income In Vernon 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 Vernon Parish, HUD calculates the Area Median Income for a family of four as $68,900
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 Vernon 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 Vernon 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 Vernon Parish AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$14,580 | $19,720 | $24,860 | $30,000 | $35,140 | $40,000 | $42,750 | $45,500 |
| 50% AMI Income Limits Renters earning up to 50% of the Vernon Parish AMI may qualify for rental assistance programs that target Very Low Income households. |
$24,150 | $27,600 | $31,050 | $34,450 | $37,250 | $40,000 | $42,750 | $45,500 |
| 80% AMI Income Limits Renters earning up to 80% of the Vernon Parish AMI may qualify for rental assistance programs that target Low Income households. |
$38,600 | $44,100 | $49,600 | $55,100 | $59,550 | $63,950 | $68,350 | $72,750 |
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