About This Property
Coyote Creek II comprises 12 three-bedroom units designated for low-income households in Lamar, Mississippi. The property was placed in service in 1996 and utilizes 9% Low-Income Housing Tax Credits to support affordable housing. The community is managed for continued operation as affordable rental housing.
Property Details
Fair Market Rent - Benton County, MS
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $775 |
| 1 Bedroom | $804 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,214 |
| 4 Bedroom | $1,219 |
Income Limits - Benton County, MS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $18,600
- Low (80%)
- $29,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,250
- Low (80%)
- $34,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $23,900
- Low (80%)
- $38,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $26,550
- Low (80%)
- $42,500
- Extremely Low (30%)
- $28,700
- Very Low (50%)
- $28,700
- Low (80%)
- $45,900
- Extremely Low (30%)
- $30,800
- Very Low (50%)
- $30,800
- Low (80%)
- $49,300
- Extremely Low (30%)
- $32,950
- Very Low (50%)
- $32,950
- Low (80%)
- $52,700
- Extremely Low (30%)
- $35,050
- Very Low (50%)
- $35,050
- Low (80%)
- $56,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $18,600 | $29,750 |
| 2 Persons | $17,420 | $21,250 | $34,000 |
| 3 Persons | $21,960 | $23,900 | $38,250 |
| 4 Persons | $26,500 | $26,550 | $42,500 |
| 5 Persons | $28,700 | $28,700 | $45,900 |
| 6 Persons | $30,800 | $30,800 | $49,300 |
| 7 Persons | $32,950 | $32,950 | $52,700 |
| 8 Persons | $35,050 | $35,050 | $56,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lamar, MS?+
The Fair Market Rent (FMR) for Benton County, MS is: $775 (Studio), $804 (1BR), $903 (2BR), $1214 (3BR), $1219 (4BR). Actual rent at subsidized properties like Coyote Creek Ii is typically 30% of household income or less.
What size apartments are available at Coyote Creek Ii?+
Coyote Creek Ii offers the following unit types: 12 Three-Bedroom units, for a total of 12 units.
What are the income limits for affordable housing in Benton County, MS?+
For a 4-person household in Benton County, MS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $26,550, Low Income (80% AMI): $42,500. These limits are set by HUD and updated annually.
What is the price range for apartments in Lamar, MS?+
Based on Fair Market Rent for Benton County, the estimated price range is: 3-bedroom: $1214. Actual rent at Coyote Creek Ii may be lower for income-eligible households.
How do I apply for housing at Coyote Creek Ii?+
Coyote Creek Ii 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 Coyote Creek Ii?+
Coyote Creek Ii is managed by . You can reach them at . Visit their website for more information.