More than 20,000 renters in Texas are now eligible for rent assistance, but many are struggling to make ends meet and are struggling with their rent increases, according to a new study from the Texas Association of Realtors.
The study found that 8,300 Texas renters, or 2 percent of the state’s population, have lost their rent assistance as a result of the drought, and nearly half of those renters have been without their rent subsidized for more than a year.
The group said the total number of renters who are at risk of losing their rent help will be higher because many have been unable to find a landlord who will meet their rent needs, or have no choice but to pay a higher rent.
In a report last year, the Texas Assn.
of Realty Advisors warned that the drought will hit hardest in cities such as Houston, which is experiencing a 25 percent increase in its population and a 24 percent increase among its renters.
The report said that for a person to lose their rent aid, they would have to have a median income of $40,844 a year or an annual income of at least $100,000.
For most Texas renters who can’t afford to pay their rent, the association estimates the cost of paying rent would be $1,500.
Rent assistance is available to people who earn less than $100 a month, and it’s available to those who earn $200 or more per month.
The Texas Association for Realtor said it’s a better choice than the alternative rent vouchers offered by many landlords.
It said the majority of renters in Houston and Dallas would qualify for rent aid.
The study also found that a large portion of the Texas renters in the Houston area are working part-time, meaning they are not receiving benefits for their job or paying rent, so the rental market is very competitive.
But it also said that there are other factors that could affect how many Texas renters are able to get assistance.
For example, many Texans don’t have the cash to make rent payments, and they don’t know how to apply for rent vouchers.
In the meantime, many families are being forced to rely on their existing rent.
Rental assistance also doesn’t cover utilities, but that could change if the state finds a way to expand subsidies.
For many renters in Dallas and Houston, the issue is particularly tough, said the report.
The area is already struggling with a record-high number of flooding events, and the Texas State Climatologist’s Office predicts the drought could push the region over the top.
“We’re in a situation where the worst-case scenario is already happening,” said Dan Johnson, a Texas AssN.
R.A. president and a senior adviser.
“It is a really tough situation, but we can’t ignore it.
This is a very vulnerable time for our state.”