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 |
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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.
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.
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.