About This Property
Pecan Lane Apts comprises 31 low-income units designed to serve families in Hayneville, Alabama. The property was placed in service in 1989 and operates with 4% Low-Income Housing Tax Credit financing. Management and leasing information is available upon inquiry.
Property Details
Fair Market Rent - Lowndes 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 | $836 |
| 1 Bedroom | $913 |
| 2 Bedroom | $1,092 |
| 3 Bedroom | $1,383 |
| 4 Bedroom | $1,753 |
Income Limits - Lowndes County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,700
- Low (80%)
- $37,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,050
- Low (80%)
- $43,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,450
- Low (80%)
- $48,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,800
- Low (80%)
- $54,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,550
- Low (80%)
- $58,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,250
- Low (80%)
- $62,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,950
- Low (80%)
- $67,100
- Extremely Low (30%)
- $44,650
- Very Low (50%)
- $44,650
- Low (80%)
- $71,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,700 | $37,900 |
| 2 Persons | $17,420 | $27,050 | $43,300 |
| 3 Persons | $21,960 | $30,450 | $48,700 |
| 4 Persons | $26,500 | $33,800 | $54,100 |
| 5 Persons | $31,040 | $36,550 | $58,450 |
| 6 Persons | $35,580 | $39,250 | $62,800 |
| 7 Persons | $40,120 | $41,950 | $67,100 |
| 8 Persons | $44,650 | $44,650 | $71,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hayneville, AL?+
The Fair Market Rent (FMR) for Lowndes County, AL is: $836 (Studio), $913 (1BR), $1092 (2BR), $1383 (3BR), $1753 (4BR). Actual rent at subsidized properties like Pecan Lane Apts is typically 30% of household income or less.
What are the income limits for affordable housing in Lowndes County, AL?+
For a 4-person household in Lowndes County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,800, Low Income (80% AMI): $54,100. These limits are set by HUD and updated annually.
How do I apply for housing at Pecan Lane Apts?+
Pecan Lane 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 Pecan Lane Apts?+
Pecan Lane Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Pecan Lane Apts?+
Pecan Lane Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.