About This Property
Sundown Gardens comprises 62 low-income rental units in Grenada, Mississippi, serving families and disabled individuals. The property offers a mix of 30 three-bedroom and 32 four-bedroom units and has been in service since 2009. Financing through 4% Low-Income Housing Tax Credits supports this affordable housing community.
Property Details
Fair Market Rent - Grenada 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 | $685 |
| 1 Bedroom | $690 |
| 2 Bedroom | $906 |
| 3 Bedroom | $1,100 |
| 4 Bedroom | $1,237 |
Income Limits - Grenada 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 Grenada, MS?+
The Fair Market Rent (FMR) for Grenada County, MS is: $685 (Studio), $690 (1BR), $906 (2BR), $1100 (3BR), $1237 (4BR). Actual rent at subsidized properties like Sundown Gardens is typically 30% of household income or less.
What size apartments are available at Sundown Gardens?+
Sundown Gardens offers the following unit types: 30 Three-Bedroom, 32 Four-Bedroom units, for a total of 62 units.
What is the price range for apartments in Grenada, MS?+
Based on Fair Market Rent for Grenada County, the estimated price range is: 3-bedroom: $1100. Actual rent at Sundown Gardens may be lower for income-eligible households.
Who manages Sundown Gardens?+
Sundown Gardens is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Sundown Gardens?+
Sundown Gardens 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 Grenada County, MS?+
For a 4-person household in Grenada 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.
Who is eligible to live at Sundown Gardens?+
Sundown Gardens primarily serves families, 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.
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