About This Property
Lula Courts provides 24 low-income housing units in Lula, Mississippi, consisting of 21 one-bedroom and three two-bedroom apartments. The property has been in service since 1989 and is financed through 4% Low-Income Housing Tax Credits. This family-oriented community serves residents in Coahoma County.
Property Details
Fair Market Rent - Coahoma 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 | $752 |
| 1 Bedroom | $804 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,255 |
| 4 Bedroom | $1,371 |
Income Limits - Coahoma 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lula, MS?+
The Fair Market Rent (FMR) for Coahoma County, MS is: $752 (Studio), $804 (1BR), $903 (2BR), $1255 (3BR), $1371 (4BR). Actual rent at subsidized properties like Lula Courts is typically 30% of household income or less.
What size apartments are available at Lula Courts?+
Lula Courts offers the following unit types: 21 One-Bedroom, 3 Two-Bedroom units, for a total of 24 units.
What is the price range for apartments in Lula, MS?+
Based on Fair Market Rent for Coahoma County, the estimated price range is: 1-bedroom: $804, 2-bedroom: $903. Actual rent at Lula Courts may be lower for income-eligible households.
Who is eligible to live at Lula Courts?+
Lula Courts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Lula Courts?+
Lula Courts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Lula Courts?+
Lula Courts 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 are the income limits for affordable housing in Coahoma County, MS?+
For a 4-person household in Coahoma 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.
Contact Information
Location
Coahoma County, MS
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