About This Property
Olive Forest I contains 4 low-income rental units in Montgomery, Alabama, serving families and individuals with disabilities. The property provides 2-bedroom units and has been in service since 1993. This development utilizes 9% Low-Income Housing Tax Credits to support its affordability.
Waitlist Information
Waitlist managed by Housing Authority of the City of Montgomery
The targeted population is families whose income does not exceed 50% of the medium income for the county or metropolitan area. Extremely low-income families must make up at least 40 percent of families admitted.
The Housing Choice Voucher and Project-Based Voucher waiting list is currently closed. Once the waitlists re-open, you will be required to submit an online application.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Montgomery 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 - Montgomery 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 Montgomery, AL?+
The Fair Market Rent (FMR) for Montgomery County, AL is: $836 (Studio), $913 (1BR), $1092 (2BR), $1383 (3BR), $1753 (4BR). Actual rent at subsidized properties like Olive Forest I is typically 30% of household income or less.
What size apartments are available at Olive Forest I?+
Olive Forest I offers the following unit types: 4 Two-Bedroom units, for a total of 4 units.
Who is eligible to live at Olive Forest I?+
Olive Forest I primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Olive Forest I?+
Public Housing waitlist is currently Open. 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.
Who manages Olive Forest I?+
Olive Forest I is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Montgomery, AL?+
Based on Fair Market Rent for Montgomery County, the estimated price range is: 2-bedroom: $1092. Actual rent at Olive Forest I may be lower for income-eligible households.
How do I apply for housing at Olive Forest I?+
Olive Forest I 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 Montgomery County, AL?+
For a 4-person household in Montgomery 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Olive Forest I
The Plaza At Centennial Hill Phase 2
Montgomery, AL
129 Units
The Plaza At Centennial Hill 2
Montgomery, AL
4 Units
Victor Tulane Gardens
Montgomery, AL
2 Units
Columbus Square I
Montgomery, AL
9 UnitsThe Plaza At Centennial Hill Phase I
Montgomery, AL
144 Units
Housing Authority of the City of Montgomery
Montgomery, AL
4257 Units