About This Property
The Park At Rocky Ridge comprises 168 low-income residential units in Birmingham, Alabama, serving families and individuals with disabilities. The community offers a mix of one-, two-, and three-bedroom floor plans, with 24 one-bedroom, 96 two-bedroom, and 48 three-bedroom units available. Placed in service in 2006, the property utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing.
Property Details
Fair Market Rent - Jefferson 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 | $983 |
| 1 Bedroom | $1,109 |
| 2 Bedroom | $1,245 |
| 3 Bedroom | $1,570 |
| 4 Bedroom | $1,752 |
Income Limits - Jefferson County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,100
- Very Low (50%)
- $26,850
- Low (80%)
- $42,950
- Extremely Low (30%)
- $18,400
- Very Low (50%)
- $30,700
- Low (80%)
- $49,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,550
- Low (80%)
- $55,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,350
- Low (80%)
- $61,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,500
- Low (80%)
- $71,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,600
- Low (80%)
- $76,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,650
- Low (80%)
- $81,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,100 | $26,850 | $42,950 |
| 2 Persons | $18,400 | $30,700 | $49,100 |
| 3 Persons | $21,960 | $34,550 | $55,250 |
| 4 Persons | $26,500 | $38,350 | $61,350 |
| 5 Persons | $31,040 | $41,450 | $66,300 |
| 6 Persons | $35,580 | $44,500 | $71,200 |
| 7 Persons | $40,120 | $47,600 | $76,100 |
| 8 Persons | $44,660 | $50,650 | $81,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Vestavia Hills, AL?+
The Fair Market Rent (FMR) for Jefferson County, AL is: $983 (Studio), $1109 (1BR), $1245 (2BR), $1570 (3BR), $1752 (4BR). Actual rent at subsidized properties like The Park At Rocky Ridge is typically 30% of household income or less.
What size apartments are available at The Park At Rocky Ridge?+
The Park At Rocky Ridge offers the following unit types: 24 One-Bedroom, 96 Two-Bedroom, 48 Three-Bedroom units, for a total of 168 units.
How do I apply for housing at The Park At Rocky Ridge?+
The Park At Rocky Ridge 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 are the income limits for affordable housing in Jefferson County, AL?+
For a 4-person household in Jefferson County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,350, Low Income (80% AMI): $61,350. These limits are set by HUD and updated annually.
Who is eligible to live at The Park At Rocky Ridge?+
The Park At Rocky Ridge primarily serves families, persons with disabilities, UNSPECIFIED. 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 Vestavia Hills, AL?+
Based on Fair Market Rent for Jefferson County, the estimated price range is: 1-bedroom: $1109, 2-bedroom: $1245, 3-bedroom: $1570. Actual rent at The Park At Rocky Ridge may be lower for income-eligible households.
Who manages The Park At Rocky Ridge?+
The Park At Rocky Ridge 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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