About This Property
Munford Village offers 24 low-income residential units in Munford, Alabama, serving families and disabled residents. The property includes four one-bedroom units, sixteen two-bedroom units, and four three-bedroom units. Built in 1993 and financed through 9% Low-Income Housing Tax Credits, the community is actively managed to provide affordable housing options.
Property Details
Fair Market Rent - Talladega 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 | $615 |
| 1 Bedroom | $693 |
| 2 Bedroom | $908 |
| 3 Bedroom | $1,264 |
| 4 Bedroom | $1,299 |
Income Limits - Talladega County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,300
- Low (80%)
- $30,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,050
- Low (80%)
- $35,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,800
- Low (80%)
- $39,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,550
- Low (80%)
- $44,100
- Extremely Low (30%)
- $29,800
- Very Low (50%)
- $29,800
- Low (80%)
- $47,650
- Extremely Low (30%)
- $32,000
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $34,200
- Very Low (50%)
- $34,200
- Low (80%)
- $54,700
- Extremely Low (30%)
- $36,400
- Very Low (50%)
- $36,400
- Low (80%)
- $58,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,300 | $30,900 |
| 2 Persons | $17,420 | $22,050 | $35,300 |
| 3 Persons | $21,960 | $24,800 | $39,700 |
| 4 Persons | $26,500 | $27,550 | $44,100 |
| 5 Persons | $29,800 | $29,800 | $47,650 |
| 6 Persons | $32,000 | $32,000 | $51,200 |
| 7 Persons | $34,200 | $34,200 | $54,700 |
| 8 Persons | $36,400 | $36,400 | $58,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Munford, AL?+
The Fair Market Rent (FMR) for Talladega County, AL is: $615 (Studio), $693 (1BR), $908 (2BR), $1264 (3BR), $1299 (4BR). Actual rent at subsidized properties like Munford Village is typically 30% of household income or less.
What size apartments are available at Munford Village?+
Munford Village offers the following unit types: 4 One-Bedroom, 16 Two-Bedroom, 4 Three-Bedroom units, for a total of 24 units.
Who is eligible to live at Munford Village?+
Munford Village 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 Talladega County, AL?+
For a 4-person household in Talladega 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.
How do I apply for housing at Munford Village?+
Munford Village 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 Munford, AL?+
Based on Fair Market Rent for Talladega County, the estimated price range is: 1-bedroom: $693, 2-bedroom: $908, 3-bedroom: $1264. Actual rent at Munford Village may be lower for income-eligible households.
Who manages Munford Village?+
Munford Village is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
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