Louisiana

USDA rental housing in Caddo Parish, LA

10 properties in Caddo Parish have USDA Section 515 or 514 financing: 344 apartments across 7 towns. 295 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

10properties
344apartments
295rental assistance units
28vacant units reported

Equal housing opportunity. Properties financed by USDA Rural Development must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin. If you believe you were treated unfairly, you can file a complaint with HUD at 1-800-669-9777 or with USDA at 866-632-9992.

Open Country does not own, manage or rent these properties and does not take applications. Contact each property's management company for availability, rents and eligibility. Listings come from USDA's public data and may be out of date.

Blanchard Seniors

223 N Main St, Blanchard, LA 71009

Elderly · 8 1BR, 16 2BR

Managed by Tac Real Estate, LLC

Units
24
Rental assistance
23
Vacant
5
Accessible
2
Opened
1987

Blanchard Seniors II

246 Phelps Ave, Blanchard, LA 71009

Elderly · 20 1BR, 4 2BR

Managed by Tac Real Estate, LLC

Units
24
Rental assistance
23
Vacant
1
Accessible
2
Opened
1991

Greenwood Apts

9224 Greenwood RD, Greenwood, LA 71033

Family · 16 1BR, 16 2BR

Managed by Tac Real Estate, LLC

Units
32
Rental assistance
28
Vacant
1
Accessible
2
Opened
1983

Woodland Terrace Apartments

8880 Greenwood RD, Greenwood, LA 71033

Family · 8 1BR, 32 2BR

Managed by J. M. Property Mgmt, INC

Units
40
Rental assistance
27
Vacant
2
Accessible
2
Opened
1988

Spring Forest Apt

6759 Colquitt RD, Keithville, LA 71047

Family · 8 1BR, 20 2BR, 4 3BR

Managed by Tra-dor Mgmt, INC

Units
32
Rental assistance
24
Vacant
0
Accessible
2
Opened
1989

Mooring Manor Apt

1008 Old Mooringsport RD, Mooringsport, LA 71060

Family · 8 1BR, 20 2BR, 4 3BR

Managed by Tra-dor Mgmt, INC

Units
32
Rental assistance
30
Vacant
2
Accessible
2
Opened
1985

Villa Oaks Apt

403 Walnut St, Oil City, LA 71061

Family · 32 1BR, 20 2BR, 12 3BR

Managed by Huff Management Co., INC

Units
64
Rental assistance
63
Vacant
5
Accessible
4
Opened
1996

Blanchard II Apartments

3900 Roy RD, Shreveport, LA 71107

Family · 16 1BR, 16 2BR

Managed by Tac Real Estate, LLC

Units
32
Rental assistance
26
Vacant
3
Accessible
2
Opened
1985

Blanchard Place

3900 Roy RD, Shreveport, LA 71107

Family · 16 1BR, 16 2BR

Managed by Tac Real Estate, LLC

Units
32
Rental assistance
25
Vacant
2
Accessible
2
Opened
1984

Rebel Road Apartments

106 Rebel RD, Vivian, LA 71082

Family · 16 1BR, 16 2BR

Managed by Tac Real Estate, LLC

Units
32
Rental assistance
26
Vacant
7
Accessible
2
Opened
1983

Source: USDA Rural Development, Section 515/514 active properties file (data as of October 19, 2026). Vacancies are as USDA last recorded them, not live availability.

Who can rent here

USDA-financed apartments are for very low, low and moderate income households (7 CFR 3560.152), and elderly and congregate properties also require a household that meets USDA's definition of elderly. In a unit with USDA rental assistance, the tenant pays the highest of 30% of monthly adjusted income, 10% of gross monthly income or a welfare shelter allowance, and the assistance covers the rest of the rent (7 CFR 3560.203). Each property's manager checks income against USDA's limits for the area when you apply and can tell you whether a unit with rental assistance is open.

For owners and buyers

All 10 are limited-profit. All also have housing tax credits. 2 serve elderly tenants. Owners of aging 515 properties can use a Section 538 guaranteed loan to finance a transfer and rehab, at USDA's lower 60 and 25 basis point preservation fees. How 515 transfers work with 538.

Watch a property for maturity or prepayment

Pick a Caddo Parish property. We'll email when USDA's monthly file shows its use-restriction date, rental assistance, unit count or ownership type change, or when it drops out of the active portfolio, which is what happens when the loan is prepaid or paid off.

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Every property in one file: 515/514 portfolio download (CSV and JSON).