About This Property
Masswood Apts offers 24 low-income rental units in START, Louisiana, within Richland Parish County. The property includes eight 1-bedroom and sixteen 2-bedroom units and has been in service since 1988. The development utilizes 4% Low-Income Housing Tax Credits and is managed by its listed property management company.
Property Details
Fair Market Rent - Richland Parish County, LA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $645 |
| 1 Bedroom | $649 |
| 2 Bedroom | $846 |
| 3 Bedroom | $1,023 |
| 4 Bedroom | $1,242 |
Income Limits - Richland Parish County, LA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $16,950
- Low (80%)
- $27,100
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $19,400
- Low (80%)
- $31,000
- Extremely Low (30%)
- $21,800
- Very Low (50%)
- $21,800
- Low (80%)
- $34,850
- Extremely Low (30%)
- $24,200
- Very Low (50%)
- $24,200
- Low (80%)
- $38,700
- Extremely Low (30%)
- $26,150
- Very Low (50%)
- $26,150
- Low (80%)
- $41,800
- Extremely Low (30%)
- $28,100
- Very Low (50%)
- $28,100
- Low (80%)
- $44,900
- Extremely Low (30%)
- $30,050
- Very Low (50%)
- $30,050
- Low (80%)
- $48,000
- Extremely Low (30%)
- $31,950
- Very Low (50%)
- $31,950
- Low (80%)
- $51,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $16,950 | $27,100 |
| 2 Persons | $17,420 | $19,400 | $31,000 |
| 3 Persons | $21,800 | $21,800 | $34,850 |
| 4 Persons | $24,200 | $24,200 | $38,700 |
| 5 Persons | $26,150 | $26,150 | $41,800 |
| 6 Persons | $28,100 | $28,100 | $44,900 |
| 7 Persons | $30,050 | $30,050 | $48,000 |
| 8 Persons | $31,950 | $31,950 | $51,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Start, LA?+
The Fair Market Rent (FMR) for Richland Parish County, LA is: $645 (Studio), $649 (1BR), $846 (2BR), $1023 (3BR), $1242 (4BR). Actual rent at subsidized properties like Masswood Apts is typically 30% of household income or less.
What size apartments are available at Masswood Apts?+
Masswood Apts offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
What is the price range for apartments in Start, LA?+
Based on Fair Market Rent for Richland Parish County, the estimated price range is: 1-bedroom: $649, 2-bedroom: $846. Actual rent at Masswood Apts may be lower for income-eligible households.
How do I apply for housing at Masswood Apts?+
Masswood Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Richland Parish County, LA?+
For a 4-person household in Richland Parish County, LA, the income limits are: Extremely Low Income (30% AMI): $24,200, Very Low Income (50% AMI): $24,200, Low Income (80% AMI): $38,700. These limits are set by HUD and updated annually.
Who manages Masswood Apts?+
Masswood Apts is managed by . You can reach them at . Visit their website for more information.