About This Property
Magnolia Village consists of 19 low-income rental units in Orrville, Alabama, serving families with a mix of six one-bedroom and thirteen two-bedroom apartments. The property was placed in service in 1993 and is financed through 9% Low-Income Housing Tax Credits. Inquiries about availability and lease terms can be directed to the property management office.
Property Details
Fair Market Rent - Dallas 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 | $653 |
| 1 Bedroom | $694 |
| 2 Bedroom | $912 |
| 3 Bedroom | $1,129 |
| 4 Bedroom | $1,215 |
Income Limits - Dallas County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,300
- Low (80%)
- $30,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,050
- Low (80%)
- $35,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,800
- Low (80%)
- $39,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,550
- Low (80%)
- $44,100
- Extremely Low (30%)
- $29,800
- Very Low (50%)
- $29,800
- Low (80%)
- $47,650
- Extremely Low (30%)
- $32,000
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $34,200
- Very Low (50%)
- $34,200
- Low (80%)
- $54,700
- Extremely Low (30%)
- $36,400
- Very Low (50%)
- $36,400
- Low (80%)
- $58,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,300 | $30,900 |
| 2 Persons | $17,420 | $22,050 | $35,300 |
| 3 Persons | $21,960 | $24,800 | $39,700 |
| 4 Persons | $26,500 | $27,550 | $44,100 |
| 5 Persons | $29,800 | $29,800 | $47,650 |
| 6 Persons | $32,000 | $32,000 | $51,200 |
| 7 Persons | $34,200 | $34,200 | $54,700 |
| 8 Persons | $36,400 | $36,400 | $58,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Orrville, AL?+
The Fair Market Rent (FMR) for Dallas County, AL is: $653 (Studio), $694 (1BR), $912 (2BR), $1129 (3BR), $1215 (4BR). Actual rent at subsidized properties like Magnolia Village is typically 30% of household income or less.
What size apartments are available at Magnolia Village?+
Magnolia Village offers the following unit types: 6 One-Bedroom, 13 Two-Bedroom units, for a total of 19 units.
Who manages Magnolia Village?+
Magnolia Village is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Dallas County, AL?+
For a 4-person household in Dallas County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,550, Low Income (80% AMI): $44,100. These limits are set by HUD and updated annually.
How do I apply for housing at Magnolia Village?+
Magnolia Village 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 is eligible to live at Magnolia Village?+
Magnolia Village primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Orrville, AL?+
Based on Fair Market Rent for Dallas County, the estimated price range is: 1-bedroom: $694, 2-bedroom: $912. Actual rent at Magnolia Village may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
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