About This Property
Greenridge Apts is a 12-unit affordable housing community in Elkmont, AL that has served families since 1998. The property contains four 1-bedroom units and eight 2-bedroom units designated as low-income housing. All units remain available to eligible residents in Limestone County.
Property Details
Fair Market Rent - Limestone 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 | $900 |
| 1 Bedroom | $1,067 |
| 2 Bedroom | $1,248 |
| 3 Bedroom | $1,619 |
| 4 Bedroom | $1,937 |
Income Limits - Limestone County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,400
- Very Low (50%)
- $29,050
- Low (80%)
- $46,450
- Extremely Low (30%)
- $19,900
- Very Low (50%)
- $33,200
- Low (80%)
- $53,050
- Extremely Low (30%)
- $22,400
- Very Low (50%)
- $37,350
- Low (80%)
- $59,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,100
- Low (80%)
- $76,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,400
- Low (80%)
- $82,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,750
- Low (80%)
- $87,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,400 | $29,050 | $46,450 |
| 2 Persons | $19,900 | $33,200 | $53,050 |
| 3 Persons | $22,400 | $37,350 | $59,700 |
| 4 Persons | $26,500 | $41,450 | $66,300 |
| 5 Persons | $31,040 | $44,800 | $71,650 |
| 6 Persons | $35,580 | $48,100 | $76,950 |
| 7 Persons | $40,120 | $51,400 | $82,250 |
| 8 Persons | $44,660 | $54,750 | $87,550 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Elkmont, AL?+
The Fair Market Rent (FMR) for Limestone County, AL is: $900 (Studio), $1067 (1BR), $1248 (2BR), $1619 (3BR), $1937 (4BR). Actual rent at subsidized properties like Greenridge Apts is typically 30% of household income or less.
What size apartments are available at Greenridge Apts?+
Greenridge Apts offers the following unit types: 4 One-Bedroom, 8 Two-Bedroom units, for a total of 12 units.
What is the price range for apartments in Elkmont, AL?+
Based on Fair Market Rent for Limestone County, the estimated price range is: 1-bedroom: $1067, 2-bedroom: $1248. Actual rent at Greenridge Apts may be lower for income-eligible households.
How do I apply for housing at Greenridge Apts?+
Greenridge 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.
What are the income limits for affordable housing in Limestone County, AL?+
For a 4-person household in Limestone County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,450, Low Income (80% AMI): $66,300. These limits are set by HUD and updated annually.
Who is eligible to live at Greenridge Apts?+
Greenridge Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Greenridge Apts?+
Greenridge 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.