About This Property
Moundville Gardens Apartments offers 24 low-income units in Moundville, Alabama and serves elderly residents. The property has been in service since 1989 and is financed through 4% Low-Income Housing Tax Credits. Interested parties may contact the management for additional information about residency requirements and availability.
Property Details
Fair Market Rent - Hale 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 | $903 |
| 1 Bedroom | $909 |
| 2 Bedroom | $1,125 |
| 3 Bedroom | $1,415 |
| 4 Bedroom | $1,498 |
Income Limits - Hale County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,900
- Very Low (50%)
- $24,850
- Low (80%)
- $39,700
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,400
- Low (80%)
- $45,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,950
- Low (80%)
- $51,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,450
- Low (80%)
- $56,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,300
- Low (80%)
- $61,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,150
- Low (80%)
- $65,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,000
- Low (80%)
- $70,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,800
- Low (80%)
- $74,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,900 | $24,850 | $39,700 |
| 2 Persons | $17,420 | $28,400 | $45,400 |
| 3 Persons | $21,960 | $31,950 | $51,050 |
| 4 Persons | $26,500 | $35,450 | $56,700 |
| 5 Persons | $31,040 | $38,300 | $61,250 |
| 6 Persons | $35,580 | $41,150 | $65,800 |
| 7 Persons | $40,120 | $44,000 | $70,350 |
| 8 Persons | $44,660 | $46,800 | $74,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Moundville, AL?+
The Fair Market Rent (FMR) for Hale County, AL is: $903 (Studio), $909 (1BR), $1125 (2BR), $1415 (3BR), $1498 (4BR). Actual rent at subsidized properties like Moundville Gardens Apts is typically 30% of household income or less.
What are the income limits for affordable housing in Hale County, AL?+
For a 4-person household in Hale County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,450, Low Income (80% AMI): $56,700. These limits are set by HUD and updated annually.
Who is eligible to live at Moundville Gardens Apts?+
Moundville Gardens Apts primarily serves elderly residents. 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 Moundville Gardens Apts?+
Moundville Gardens 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.
Who manages Moundville Gardens Apts?+
Moundville Gardens Apts 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.