Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

River Valley

217 Cedar Lake Rd SW Apt 7, Decatur, AL, 35603

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

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About This Property

River Valley is a 56-unit affordable housing community in Decatur, Alabama, serving families and disabled residents. The property includes 14 one-bedroom units, 28 two-bedroom units, and 14 three-bedroom units, all designated as low-income housing. Placed in service in 1995 and financed through HOME funding and 9% LIHTC credits, the community continues to provide housing options in Morgan County.

Waitlist Information

Waitlist managed by Housing Authority of the City of Decatur

Public Housing Waitlist
Closed

The website states 'DHA does not operate any public housing in Decatur.'

Last verified February 18, 2026
Section 8 (HCV) Waitlist
Closed

The website mentions 'HCV Payment Delay' and 'Waitlists are closed'.

Last verified April 14, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
56
1 Bedroom
14
2 Bedroom
28
3 Bedroom
14

Fair Market Rent - Morgan County, AL

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

BedroomsFMR
Studio/Efficiency$740
1 Bedroom$763
2 Bedroom$924
3 Bedroom$1,202
4 Bedroom$1,352

Income Limits - Morgan County, AL

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

1 Person
Extremely Low (30%)
$13,300
Very Low (50%)
$22,100
Low (80%)
$35,350
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$25,250
Low (80%)
$40,400
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$28,400
Low (80%)
$45,450
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$31,550
Low (80%)
$50,500
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$34,100
Low (80%)
$54,550
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$36,600
Low (80%)
$58,600
7 Persons
Extremely Low (30%)
$39,150
Very Low (50%)
$39,150
Low (80%)
$62,650
8 Persons
Extremely Low (30%)
$41,650
Very Low (50%)
$41,650
Low (80%)
$66,700

Tax Credit Program Details

Year Placed in Service
1995
LIHTC Credit Type
9%
Low-Income Units
56 / 56
Target Population
FamiliesDisabled
Funding Programs
HOME

Frequently Asked Questions

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

The Fair Market Rent (FMR) for Morgan County, AL is: $740 (Studio), $763 (1BR), $924 (2BR), $1202 (3BR), $1352 (4BR). Actual rent at subsidized properties like River Valley is typically 30% of household income or less.

What size apartments are available at River Valley?+

River Valley offers the following unit types: 14 One-Bedroom, 28 Two-Bedroom, 14 Three-Bedroom units, for a total of 56 units.

How do I apply for housing at River Valley?+

River Valley 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 is the price range for apartments in Decatur, AL?+

Based on Fair Market Rent for Morgan County, the estimated price range is: 1-bedroom: $763, 2-bedroom: $924, 3-bedroom: $1202. Actual rent at River Valley may be lower for income-eligible households.

Who is eligible to live at River Valley?+

River Valley primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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

For a 4-person household in Morgan County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,550, Low Income (80% AMI): $50,500. These limits are set by HUD and updated annually.

Is there a waitlist for River Valley?+

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.

Who manages River Valley?+

River Valley is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Almost All Errands Require a Car

19
Walk
32
Bike

Nearby Schools

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

Location

Morgan County, AL

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Housing Resources in Decatur, AL

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