About This Property
Village Green Apts contains 57 low-income units in Red Bay, Alabama, with a mix of one-, two-, and three-bedroom floor plans serving families, elderly residents, and individuals with disabilities. The property has been in service since 1995 and receives 4% Low-Income Housing Tax Credit funding. The development includes 31 one-bedroom units, 18 two-bedroom units, and 8 three-bedroom units.
Waitlist Information
Waitlist managed by Housing Authority of Red Bay
Applicants are placed on the waiting list by the date and time the pre-application is received; the RBHA does not have a preference and serves families and senior/disabled households. Required documents for the pre-application include Social Security Cards, birth certificates, proof of income, and photo IDs for all adult household members.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Franklin 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 | $642 |
| 1 Bedroom | $763 |
| 2 Bedroom | $857 |
| 3 Bedroom | $1,042 |
| 4 Bedroom | $1,321 |
Income Limits - Franklin 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 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Red Bay, AL?+
The Fair Market Rent (FMR) for Franklin County, AL is: $642 (Studio), $763 (1BR), $857 (2BR), $1042 (3BR), $1321 (4BR). Actual rent at subsidized properties like Village Green Apts is typically 30% of household income or less.
What size apartments are available at Village Green Apts?+
Village Green Apts offers the following unit types: 31 One-Bedroom, 18 Two-Bedroom, 8 Three-Bedroom units, for a total of 57 units.
What are the income limits for affordable housing in Franklin County, AL?+
For a 4-person household in Franklin 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.
Who is eligible to live at Village Green Apts?+
Village Green Apts primarily serves families, elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Village Green Apts?+
Village Green Apts 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.
Is there a waitlist for Village Green Apts?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Red Bay, AL?+
Based on Fair Market Rent for Franklin County, the estimated price range is: 1-bedroom: $763, 2-bedroom: $857, 3-bedroom: $1042. Actual rent at Village Green Apts may be lower for income-eligible households.
Who manages Village Green Apts?+
Village Green Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Village Green Apts
Double Springs
Vina, AL
4 Units
Housing Authority of Red Bay
Red Bay, AL
163 UnitsNorthview Apts/Belmont Capital
Belmont, MS
12 UnitsWindsor Apts
Red Bay, AL
40 Units
Fifth Court
Red Bay, AL
2 UnitsRedmont Apts Ii
Red Bay, AL
24 Units