About This Property
Vardaman Manor comprises 24 low-income residential units in Vardaman, Mississippi, serving elderly and disabled residents. The property includes 20 one-bedroom units and 4 two-bedroom units and has been in service since 1993. The development is financed through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Calhoun 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 | $1,248 |
| 4 Bedroom | $1,437 |
Income Limits - Calhoun 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 Vardaman, MS?+
The Fair Market Rent (FMR) for Calhoun County, MS is: $683 (Studio), $687 (1BR), $903 (2BR), $1248 (3BR), $1437 (4BR). Actual rent at subsidized properties like Vardaman Manor is typically 30% of household income or less.
What size apartments are available at Vardaman Manor?+
Vardaman Manor offers the following unit types: 20 One-Bedroom, 4 Two-Bedroom units, for a total of 24 units.
What is the price range for apartments in Vardaman, MS?+
Based on Fair Market Rent for Calhoun County, the estimated price range is: 1-bedroom: $687, 2-bedroom: $903. Actual rent at Vardaman Manor may be lower for income-eligible households.
Who manages Vardaman Manor?+
Vardaman Manor is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Calhoun County, MS?+
For a 4-person household in Calhoun 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.
How do I apply for housing at Vardaman Manor?+
Vardaman Manor 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 is eligible to live at Vardaman Manor?+
Vardaman Manor primarily serves elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.