About This Property
Bolivar Estates comprises 38 units in Cleveland, Mississippi, with 37 designated as low-income housing. The property, which entered service in 2006, includes 22 three-bedroom and 15 four-bedroom units and serves residents with disabilities. The development is funded through 9% Low-Income Housing Tax Credits and is owned and operated by a non-profit organization.
Property Details
Fair Market Rent - Bolivar 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 | $683 |
| 1 Bedroom | $687 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,120 |
| 4 Bedroom | $1,203 |
Income Limits - Bolivar 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 Cleveland, MS?+
The Fair Market Rent (FMR) for Bolivar County, MS is: $683 (Studio), $687 (1BR), $903 (2BR), $1120 (3BR), $1203 (4BR). Actual rent at subsidized properties like Bolivar Estates is typically 30% of household income or less.
What size apartments are available at Bolivar Estates?+
Bolivar Estates offers the following unit types: 22 Three-Bedroom, 15 Four-Bedroom units, for a total of 38 units.
Who is eligible to live at Bolivar Estates?+
Bolivar Estates primarily serves persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Bolivar Estates?+
Bolivar Estates is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Bolivar County, MS?+
For a 4-person household in Bolivar 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 Cleveland, MS?+
Based on Fair Market Rent for Bolivar County, the estimated price range is: 3-bedroom: $1120. Actual rent at Bolivar Estates may be lower for income-eligible households.
How do I apply for housing at Bolivar Estates?+
Bolivar Estates 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
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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