About This Property
Masswood Apts comprises 24 low-income residential units in START, LA, with eight one-bedroom and sixteen two-bedroom floor plans. The property was placed in service in 1988 and receives 4% Low-Income Housing Tax Credit financing. Management and contact information are available upon request.
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.
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.
Who manages Masswood Apts?+
Masswood Apts is managed by . You can reach them at . Visit their website for more information.
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.
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.