About This Property
Bowman Village contains 24 low-income residential units in Bowman, Georgia, within Elbert County. The property was placed in service in 1991 and continues to provide affordable housing options for eligible residents.
Property Details
Fair Market Rent - Elbert County, GA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $684 |
| 1 Bedroom | $689 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,106 |
| 4 Bedroom | $1,205 |
Income Limits - Elbert County, GA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,250
- Low (80%)
- $30,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,000
- Low (80%)
- $35,150
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,750
- Low (80%)
- $39,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,450
- Low (80%)
- $43,900
- Extremely Low (30%)
- $29,650
- Very Low (50%)
- $29,650
- Low (80%)
- $47,450
- Extremely Low (30%)
- $31,850
- Very Low (50%)
- $31,850
- Low (80%)
- $50,950
- Extremely Low (30%)
- $34,050
- Very Low (50%)
- $34,050
- Low (80%)
- $54,450
- Extremely Low (30%)
- $36,250
- Very Low (50%)
- $36,250
- Low (80%)
- $57,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,250 | $30,750 |
| 2 Persons | $17,420 | $22,000 | $35,150 |
| 3 Persons | $21,960 | $24,750 | $39,550 |
| 4 Persons | $26,500 | $27,450 | $43,900 |
| 5 Persons | $29,650 | $29,650 | $47,450 |
| 6 Persons | $31,850 | $31,850 | $50,950 |
| 7 Persons | $34,050 | $34,050 | $54,450 |
| 8 Persons | $36,250 | $36,250 | $57,950 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bowman, GA?+
The Fair Market Rent (FMR) for Elbert County, GA is: $684 (Studio), $689 (1BR), $905 (2BR), $1106 (3BR), $1205 (4BR). Actual rent at subsidized properties like Bowman Village is typically 30% of household income or less.
What are the income limits for affordable housing in Elbert County, GA?+
For a 4-person household in Elbert County, GA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,450, Low Income (80% AMI): $43,900. These limits are set by HUD and updated annually.
Who manages Bowman Village?+
Bowman Village is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Bowman Village?+
Bowman 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.
Contact Information
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