About This Property
Butler Cove contains 33 low-income rental units in Butler, Alabama and has been in service since 2007. The property includes 29 three-bedroom units and 4 four-bedroom units, serving families and disabled residents through 9% Low-Income Housing Tax Credits. Management and leasing information is available upon request.
Property Details
Fair Market Rent - Marengo 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 | $1,086 |
| 4 Bedroom | $1,316 |
Income Limits - Marengo County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,400
- Low (80%)
- $31,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,200
- Low (80%)
- $35,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,950
- Low (80%)
- $39,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,700
- Low (80%)
- $44,300
- Extremely Low (30%)
- $29,950
- Very Low (50%)
- $29,950
- Low (80%)
- $47,850
- Extremely Low (30%)
- $32,150
- Very Low (50%)
- $32,150
- Low (80%)
- $51,400
- Extremely Low (30%)
- $34,350
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $36,600
- Very Low (50%)
- $36,600
- Low (80%)
- $58,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,400 | $31,050 |
| 2 Persons | $17,420 | $22,200 | $35,450 |
| 3 Persons | $21,960 | $24,950 | $39,900 |
| 4 Persons | $26,500 | $27,700 | $44,300 |
| 5 Persons | $29,950 | $29,950 | $47,850 |
| 6 Persons | $32,150 | $32,150 | $51,400 |
| 7 Persons | $34,350 | $34,350 | $54,950 |
| 8 Persons | $36,600 | $36,600 | $58,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Butler, AL?+
The Fair Market Rent (FMR) for Marengo County, AL is: $642 (Studio), $763 (1BR), $857 (2BR), $1086 (3BR), $1316 (4BR). Actual rent at subsidized properties like Butler Cove is typically 30% of household income or less.
What size apartments are available at Butler Cove?+
Butler Cove offers the following unit types: 29 Three-Bedroom, 4 Four-Bedroom units, for a total of 33 units.
What are the income limits for affordable housing in Marengo County, AL?+
For a 4-person household in Marengo County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,700, Low Income (80% AMI): $44,300. These limits are set by HUD and updated annually.
What is the price range for apartments in Butler, AL?+
Based on Fair Market Rent for Marengo County, the estimated price range is: 3-bedroom: $1086. Actual rent at Butler Cove may be lower for income-eligible households.
Who is eligible to live at Butler Cove?+
Butler Cove primarily serves families, 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 Butler Cove?+
Butler Cove 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 Butler Cove?+
Butler Cove is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
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Nearby Schools
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