Low Income (LIHTC)

Palmetto Place Apt.

425 N Sibley St Apt 7, Benton, LA, 71006

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Palmetto Place Apt. is a 40-unit affordable housing community in Benton, Louisiana, within Bossier County. The property was placed in service in 1999 and includes a unit mix that features 2 three-bedroom apartments. The community is managed for income-qualified residents.

Property Details

Total Units

3 Bedroom

Income Limits - Bossier County, LA

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

1 Person

Extremely Low (30%): $12,880
Very Low (50%): $20,850
Low (80%): $33,350

2 Persons

Extremely Low (30%): $17,420
Very Low (50%): $23,800
Low (80%): $38,100

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $26,800
Low (80%): $42,850

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $29,750
Low (80%): $47,600

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $32,150
Low (80%): $51,450

6 Persons

Extremely Low (30%): $34,550
Very Low (50%): $34,550
Low (80%): $55,250

7 Persons

Extremely Low (30%): $36,900
Very Low (50%): $36,900
Low (80%): $59,050

8 Persons

Extremely Low (30%): $39,300
Very Low (50%): $39,300
Low (80%): $62,850

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$12,880	$20,850	$33,350
2 Persons	$17,420	$23,800	$38,100
3 Persons	$21,960	$26,800	$42,850
4 Persons	$26,500	$29,750	$47,600
5 Persons	$31,040	$32,150	$51,450
6 Persons	$34,550	$34,550	$55,250
7 Persons	$36,900	$36,900	$59,050
8 Persons	$39,300	$39,300	$62,850

Tax Credit Program Details

Year Placed in Service

1999

LIHTC Credit Type

Low-Income Units

0 / 40

Frequently Asked Questions

What size apartments are available at Palmetto Place Apt.?+

Palmetto Place Apt. offers the following unit types: 2 Three-Bedroom units, for a total of 40 units.

What are the income limits for affordable housing in Bossier County, LA?+

For a 4-person household in Bossier County, LA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,750, Low Income (80% AMI): $47,600. These limits are set by HUD and updated annually.

How do I apply for housing at Palmetto Place Apt.?+

Palmetto Place Apt. 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.

Who manages Palmetto Place Apt.?+

Palmetto Place Apt. is managed by . You can reach them at . Visit their website for more information.

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