Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Shadow Lake Apts

740 County Highway 42, Hamilton, AL, 35570

Information verified April 17, 2026·We re-check waiting list status daily

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About This Property

Shadow Lake Apts provides 40 low-income units in Hamilton, AL, serving families and elderly residents since 1995. The property includes 10 one-bedroom, 20 two-bedroom, and 10 three-bedroom units with financing through HOME funds and 9% LIHTC credits. The community is currently managed and accepts applications for eligible households.

Waitlist Information

Waitlist managed by Housing Authority of Hamilton, Alabama

Public Housing Waitlist
Closed

The Ipswich Housing Authority administers 238 affordable units at Agawam Village, Southern Manor, Southern Heights, and Caroline Ave. The Hamilton Housing Authority administers 40 senior/non-elderly disabled units, 12 independent living rooms, and 7 family units.

Last verified April 14, 2026
Section 8 (HCV) Waitlist
Closed

The Ipswich Housing Authority administers Section 8 vouchers. The Massachusetts Section 8 Centralized Waiting List is mentioned.

Last verified March 17, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
40
1 Bedroom
10
2 Bedroom
20
3 Bedroom
10

Fair Market Rent - Marion County, AL

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$581
1 Bedroom$652
2 Bedroom$857
3 Bedroom$1,091
4 Bedroom$1,454

Income Limits - Marion County, AL

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$12,880
Very Low (50%)
$19,300
Low (80%)
$30,900
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$22,050
Low (80%)
$35,300
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$24,800
Low (80%)
$39,700
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$27,550
Low (80%)
$44,100
5 Persons
Extremely Low (30%)
$29,800
Very Low (50%)
$29,800
Low (80%)
$47,650
6 Persons
Extremely Low (30%)
$32,000
Very Low (50%)
$32,000
Low (80%)
$51,200
7 Persons
Extremely Low (30%)
$34,200
Very Low (50%)
$34,200
Low (80%)
$54,700
8 Persons
Extremely Low (30%)
$36,400
Very Low (50%)
$36,400
Low (80%)
$58,250

Tax Credit Program Details

Year Placed in Service
1995
LIHTC Credit Type
9%
Low-Income Units
40 / 40
Target Population
FamiliesElderly
Funding Programs
HOME

Frequently Asked Questions

What is the average rent for affordable housing in Hamilton, AL?+

The Fair Market Rent (FMR) for Marion County, AL is: $581 (Studio), $652 (1BR), $857 (2BR), $1091 (3BR), $1454 (4BR). Actual rent at subsidized properties like Shadow Lake Apts is typically 30% of household income or less.

What size apartments are available at Shadow Lake Apts?+

Shadow Lake Apts offers the following unit types: 10 One-Bedroom, 20 Two-Bedroom, 10 Three-Bedroom units, for a total of 40 units.

How do I apply for housing at Shadow Lake Apts?+

Shadow Lake 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 Shadow Lake Apts?+

Shadow Lake Apts is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Shadow Lake Apts?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

What are the income limits for affordable housing in Marion County, AL?+

For a 4-person household in Marion County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,550, Low Income (80% AMI): $44,100. These limits are set by HUD and updated annually.

What is the price range for apartments in Hamilton, AL?+

Based on Fair Market Rent for Marion County, the estimated price range is: 1-bedroom: $652, 2-bedroom: $857, 3-bedroom: $1091. Actual rent at Shadow Lake Apts may be lower for income-eligible households.

Who is eligible to live at Shadow Lake Apts?+

Shadow Lake Apts primarily serves families, elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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Walk Score

Almost All Errands Require a Car

4
Walk
5
Bike

Nearby Schools

9,10,11,12
PK,KG,1,2,3,4

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Marion County, AL

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