Boyd South

400 S Allen St, Boyd, Texas 76023

Boyd South is an affordable apartment community that offers 1- and 2-bedroom units. Each unit features heating and a kitchen with an oven and range.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price

Eligibility for Boyd South

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Boyd but actual income limits may differ for units at Boyd South.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $18,500 $21,150 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% $30,800 $35,200 $39,600 $44,000 $47,550 $51,050 $54,600 $58,100
80% $49,300 $56,350 $63,400 $70,400 $76,050 $81,700 $87,300 $92,950

Boyd South Details

  • 32 one and two bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Off-Street Parking
  • Heat Included

Unit Amenities

  • Oven and Range

Nearby Amenities

  • Near Schools
  • Near Shopping
  • Near Restaurants
Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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Image of Boyd South