About This Property
Loxley Station Development contains 48 three-bedroom units designated for low-income households in Loxley, Alabama. Placed in service in 2008, the property serves families and disabled residents through 9% Low-Income Housing Tax Credit financing. The development is managed to provide affordable rental housing in Baldwin County.
Property Details
Fair Market Rent - Baldwin County, AL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,051 |
| 1 Bedroom | $1,056 |
| 2 Bedroom | $1,362 |
| 3 Bedroom | $1,670 |
| 4 Bedroom | $2,114 |
Income Limits - Baldwin County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,200
- Very Low (50%)
- $26,950
- Low (80%)
- $43,150
- Extremely Low (30%)
- $18,500
- Very Low (50%)
- $30,800
- Low (80%)
- $49,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,650
- Low (80%)
- $55,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,500
- Low (80%)
- $61,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,600
- Low (80%)
- $66,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,700
- Low (80%)
- $71,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,750
- Low (80%)
- $76,400
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,850
- Low (80%)
- $81,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,200 | $26,950 | $43,150 |
| 2 Persons | $18,500 | $30,800 | $49,300 |
| 3 Persons | $21,960 | $34,650 | $55,450 |
| 4 Persons | $26,500 | $38,500 | $61,600 |
| 5 Persons | $31,040 | $41,600 | $66,550 |
| 6 Persons | $35,580 | $44,700 | $71,500 |
| 7 Persons | $40,120 | $47,750 | $76,400 |
| 8 Persons | $44,660 | $50,850 | $81,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Loxley, AL?+
The Fair Market Rent (FMR) for Baldwin County, AL is: $1051 (Studio), $1056 (1BR), $1362 (2BR), $1670 (3BR), $2114 (4BR). Actual rent at subsidized properties like Loxley Station Development is typically 30% of household income or less.
What size apartments are available at Loxley Station Development?+
Loxley Station Development offers the following unit types: 48 Three-Bedroom units, for a total of 48 units.
How do I apply for housing at Loxley Station Development?+
Loxley Station Development 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 is the price range for apartments in Loxley, AL?+
Based on Fair Market Rent for Baldwin County, the estimated price range is: 3-bedroom: $1670. Actual rent at Loxley Station Development may be lower for income-eligible households.
Who is eligible to live at Loxley Station Development?+
Loxley Station Development primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Baldwin County, AL?+
For a 4-person household in Baldwin County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,500, Low Income (80% AMI): $61,600. These limits are set by HUD and updated annually.
Who manages Loxley Station Development?+
Loxley Station Development is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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