About This Property
Dry Prong Apts comprises 8 low-income units in Dry Prong, Louisiana, with a unit mix of four 1-bedroom and four 2-bedroom apartments. The property was placed in service in 1988 and receives 4% Low-Income Housing Tax Credit (LIHTC) financing.
Property Details
Fair Market Rent - Grant Parish County, LA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $674 |
| 1 Bedroom | $757 |
| 2 Bedroom | $995 |
| 3 Bedroom | $1,343 |
| 4 Bedroom | $1,489 |
Income Limits - Grant Parish County, LA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,200
- Low (80%)
- $33,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,200
- Low (80%)
- $38,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,250
- Low (80%)
- $43,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,700
- Low (80%)
- $52,300
- Extremely Low (30%)
- $35,100
- Very Low (50%)
- $35,100
- Low (80%)
- $56,150
- Extremely Low (30%)
- $37,550
- Very Low (50%)
- $37,550
- Low (80%)
- $60,050
- Extremely Low (30%)
- $39,950
- Very Low (50%)
- $39,950
- Low (80%)
- $63,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,200 | $33,900 |
| 2 Persons | $17,420 | $24,200 | $38,750 |
| 3 Persons | $21,960 | $27,250 | $43,600 |
| 4 Persons | $26,500 | $30,250 | $48,400 |
| 5 Persons | $31,040 | $32,700 | $52,300 |
| 6 Persons | $35,100 | $35,100 | $56,150 |
| 7 Persons | $37,550 | $37,550 | $60,050 |
| 8 Persons | $39,950 | $39,950 | $63,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Dry Prong, LA?+
The Fair Market Rent (FMR) for Grant Parish County, LA is: $674 (Studio), $757 (1BR), $995 (2BR), $1343 (3BR), $1489 (4BR). Actual rent at subsidized properties like Dry Prong Apts is typically 30% of household income or less.
What size apartments are available at Dry Prong Apts?+
Dry Prong Apts offers the following unit types: 4 One-Bedroom, 4 Two-Bedroom units, for a total of 8 units.
Who manages Dry Prong Apts?+
Dry Prong Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Grant Parish County, LA?+
For a 4-person household in Grant Parish County, LA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,250, Low Income (80% AMI): $48,400. These limits are set by HUD and updated annually.
How do I apply for housing at Dry Prong Apts?+
Dry Prong Apts 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 Dry Prong, LA?+
Based on Fair Market Rent for Grant Parish County, the estimated price range is: 1-bedroom: $757, 2-bedroom: $995. Actual rent at Dry Prong Apts may be lower for income-eligible households.