
About This Property
Magnolia Place Apts comprises 10 two-bedroom units designated for low-income residents in New Iberia, Louisiana. The property has been in service since 1991 and utilizes 4% Low-Income Housing Tax Credits to support its affordable housing mission. All units serve households meeting low-income eligibility requirements.
Waitlist Information
Waitlist managed by City of New Iberia
Pre-applications are currently accepted for families and senior/disabled households; no specific preferences were noted for this program.
Waitlist preference is given to elderly or disabled households (head of household or spouse). A total of 200 applications will be accepted across all bedroom sizes. Applicants from outside New Iberia must lease a unit within the jurisdiction for one year before using portability.
Waitlist data provided by section8waitlist.org
Updated May 29, 2026
Property Details
Income Limits - Iberia County, LA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,850
- Low (80%)
- $31,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,650
- Low (80%)
- $36,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,500
- Low (80%)
- $40,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,300
- Low (80%)
- $45,300
- Extremely Low (30%)
- $30,600
- Very Low (50%)
- $30,600
- Low (80%)
- $48,950
- Extremely Low (30%)
- $32,850
- Very Low (50%)
- $32,850
- Low (80%)
- $52,550
- Extremely Low (30%)
- $35,100
- Very Low (50%)
- $35,100
- Low (80%)
- $56,200
- Extremely Low (30%)
- $37,400
- Very Low (50%)
- $37,400
- Low (80%)
- $59,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,850 | $31,750 |
| 2 Persons | $17,420 | $22,650 | $36,250 |
| 3 Persons | $21,960 | $25,500 | $40,800 |
| 4 Persons | $26,500 | $28,300 | $45,300 |
| 5 Persons | $30,600 | $30,600 | $48,950 |
| 6 Persons | $32,850 | $32,850 | $52,550 |
| 7 Persons | $35,100 | $35,100 | $56,200 |
| 8 Persons | $37,400 | $37,400 | $59,800 |
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Tax Credit Program Details
Frequently Asked Questions
What size apartments are available at Magnolia Place Apts?+
Magnolia Place Apts offers the following unit types: 10 Two-Bedroom units, for a total of 10 units.
What are the income limits for affordable housing in Iberia County, LA?+
For a 4-person household in Iberia County, LA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,300, Low Income (80% AMI): $45,300. These limits are set by HUD and updated annually.
Is there a waitlist for Magnolia Place Apts?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Magnolia Place Apts?+
Magnolia Place 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.
Who manages Magnolia Place Apts?+
Magnolia Place Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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