About This Property
Raintree offers 23 low-income units in Hurtsboro, AL, serving elderly residents with a mix of 10 one-bedroom and 13 two-bedroom apartments. The property has been in service since 1991 and utilizes 9% LIHTC financing. Russell County residents seeking affordable housing options may contact the property for availability and lease terms.
Property Details
Fair Market Rent - Russell 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 | $828 |
| 1 Bedroom | $881 |
| 2 Bedroom | $1,031 |
| 3 Bedroom | $1,372 |
| 4 Bedroom | $1,743 |
Income Limits - Russell County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,700
- Very Low (50%)
- $22,850
- Low (80%)
- $36,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,100
- Low (80%)
- $41,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,350
- Low (80%)
- $46,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,600
- Low (80%)
- $52,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,250
- Low (80%)
- $56,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,850
- Low (80%)
- $60,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $40,450
- Low (80%)
- $64,700
- Extremely Low (30%)
- $43,050
- Very Low (50%)
- $43,050
- Low (80%)
- $68,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,700 | $22,850 | $36,550 |
| 2 Persons | $17,420 | $26,100 | $41,750 |
| 3 Persons | $21,960 | $29,350 | $46,950 |
| 4 Persons | $26,500 | $32,600 | $52,150 |
| 5 Persons | $31,040 | $35,250 | $56,350 |
| 6 Persons | $35,580 | $37,850 | $60,500 |
| 7 Persons | $40,120 | $40,450 | $64,700 |
| 8 Persons | $43,050 | $43,050 | $68,850 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hurtsboro, AL?+
The Fair Market Rent (FMR) for Russell County, AL is: $828 (Studio), $881 (1BR), $1031 (2BR), $1372 (3BR), $1743 (4BR). Actual rent at subsidized properties like Raintree is typically 30% of household income or less.
What size apartments are available at Raintree?+
Raintree offers the following unit types: 10 One-Bedroom, 13 Two-Bedroom units, for a total of 23 units.
Who manages Raintree?+
Raintree is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Raintree?+
Raintree 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 Hurtsboro, AL?+
Based on Fair Market Rent for Russell County, the estimated price range is: 1-bedroom: $881, 2-bedroom: $1031. Actual rent at Raintree may be lower for income-eligible households.
Who is eligible to live at Raintree?+
Raintree primarily serves elderly residents. 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 Russell County, AL?+
For a 4-person household in Russell County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,600, Low Income (80% AMI): $52,150. These limits are set by HUD and updated annually.
Contact Information
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