About This Property
Sperry Landing comprises 94 low-income units in Theodore, Alabama, serving families with a mix of 60 two-bedroom and 34 three-bedroom apartments. The property has been in service since 2001 and is funded through tax-exempt bonds with 4% Low-Income Housing Tax Credit financing. Interested parties can contact the property for additional information regarding availability and lease terms.
Property Details
Fair Market Rent - Mobile 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 | $810 |
| 1 Bedroom | $890 |
| 2 Bedroom | $1,094 |
| 3 Bedroom | $1,448 |
| 4 Bedroom | $1,484 |
Income Limits - Mobile County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,450
- Low (80%)
- $32,700
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,400
- Low (80%)
- $37,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,300
- Low (80%)
- $42,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,200
- Low (80%)
- $46,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,550
- Low (80%)
- $50,450
- Extremely Low (30%)
- $33,900
- Very Low (50%)
- $33,900
- Low (80%)
- $54,200
- Extremely Low (30%)
- $36,250
- Very Low (50%)
- $36,250
- Low (80%)
- $57,950
- Extremely Low (30%)
- $38,550
- Very Low (50%)
- $38,550
- Low (80%)
- $61,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,450 | $32,700 |
| 2 Persons | $17,420 | $23,400 | $37,400 |
| 3 Persons | $21,960 | $26,300 | $42,050 |
| 4 Persons | $26,500 | $29,200 | $46,700 |
| 5 Persons | $31,040 | $31,550 | $50,450 |
| 6 Persons | $33,900 | $33,900 | $54,200 |
| 7 Persons | $36,250 | $36,250 | $57,950 |
| 8 Persons | $38,550 | $38,550 | $61,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Theodore, AL?+
The Fair Market Rent (FMR) for Mobile County, AL is: $810 (Studio), $890 (1BR), $1094 (2BR), $1448 (3BR), $1484 (4BR). Actual rent at subsidized properties like Sperry Landing is typically 30% of household income or less.
What size apartments are available at Sperry Landing?+
Sperry Landing offers the following unit types: 60 Two-Bedroom, 34 Three-Bedroom units, for a total of 94 units.
What are the income limits for affordable housing in Mobile County, AL?+
For a 4-person household in Mobile County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,200, Low Income (80% AMI): $46,700. These limits are set by HUD and updated annually.
What is the price range for apartments in Theodore, AL?+
Based on Fair Market Rent for Mobile County, the estimated price range is: 2-bedroom: $1094, 3-bedroom: $1448. Actual rent at Sperry Landing may be lower for income-eligible households.
Who is eligible to live at Sperry Landing?+
Sperry Landing primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Sperry Landing?+
Sperry Landing is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Sperry Landing?+
Sperry Landing 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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