About This Property
Sterling Pointe provides 144 low-income rental units in Oxford, Alabama, serving families with a mix of one, two, and three-bedroom apartments. The community has been in service since 2003 and is funded through tax-exempt bonds with 4% Low-Income Housing Tax Credit financing. The property offers 24 one-bedroom units, 96 two-bedroom units, and 24 three-bedroom units.
Property Details
Fair Market Rent - Calhoun 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 | $683 |
| 1 Bedroom | $687 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,243 |
| 4 Bedroom | $1,319 |
Income Limits - Calhoun County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,400
- Very Low (50%)
- $22,300
- Low (80%)
- $35,650
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,450
- Low (80%)
- $40,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,650
- Low (80%)
- $45,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,800
- Low (80%)
- $50,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,350
- Low (80%)
- $55,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,900
- Low (80%)
- $59,050
- Extremely Low (30%)
- $39,450
- Very Low (50%)
- $39,450
- Low (80%)
- $63,150
- Extremely Low (30%)
- $42,000
- Very Low (50%)
- $42,000
- Low (80%)
- $67,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,400 | $22,300 | $35,650 |
| 2 Persons | $17,420 | $25,450 | $40,750 |
| 3 Persons | $21,960 | $28,650 | $45,850 |
| 4 Persons | $26,500 | $31,800 | $50,900 |
| 5 Persons | $31,040 | $34,350 | $55,000 |
| 6 Persons | $35,580 | $36,900 | $59,050 |
| 7 Persons | $39,450 | $39,450 | $63,150 |
| 8 Persons | $42,000 | $42,000 | $67,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Oxford, AL?+
The Fair Market Rent (FMR) for Calhoun County, AL is: $683 (Studio), $687 (1BR), $903 (2BR), $1243 (3BR), $1319 (4BR). Actual rent at subsidized properties like Sterling Pointe is typically 30% of household income or less.
What size apartments are available at Sterling Pointe?+
Sterling Pointe offers the following unit types: 24 One-Bedroom, 96 Two-Bedroom, 24 Three-Bedroom units, for a total of 144 units.
How do I apply for housing at Sterling Pointe?+
Sterling Pointe 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 Sterling Pointe?+
Sterling Pointe is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Oxford, AL?+
Based on Fair Market Rent for Calhoun County, the estimated price range is: 1-bedroom: $687, 2-bedroom: $903, 3-bedroom: $1243. Actual rent at Sterling Pointe may be lower for income-eligible households.
Who is eligible to live at Sterling Pointe?+
Sterling Pointe primarily serves families. 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 Calhoun County, AL?+
For a 4-person household in Calhoun County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,800, Low Income (80% AMI): $50,900. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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