About This Property
Ridge At Waveland offers 120 units of affordable housing in Waveland, MS, with 118 designated as low-income units. The property includes 12 one-bedroom, 48 two-bedroom, and 60 three-bedroom units and has been in service since 2009. This community is financed through 9% LIHTC credits.
Property Details
Fair Market Rent - Hancock 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 | $825 |
| 1 Bedroom | $923 |
| 2 Bedroom | $1,151 |
| 3 Bedroom | $1,525 |
| 4 Bedroom | $1,626 |
Income Limits - Hancock County, MS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,250
- Low (80%)
- $33,950
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,250
- Low (80%)
- $38,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,300
- Low (80%)
- $43,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,300
- Low (80%)
- $48,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,750
- Low (80%)
- $52,400
- Extremely Low (30%)
- $35,150
- Very Low (50%)
- $35,150
- Low (80%)
- $56,300
- Extremely Low (30%)
- $37,600
- Very Low (50%)
- $37,600
- Low (80%)
- $60,150
- Extremely Low (30%)
- $40,000
- Very Low (50%)
- $40,000
- Low (80%)
- $64,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,250 | $33,950 |
| 2 Persons | $17,420 | $24,250 | $38,800 |
| 3 Persons | $21,960 | $27,300 | $43,650 |
| 4 Persons | $26,500 | $30,300 | $48,500 |
| 5 Persons | $31,040 | $32,750 | $52,400 |
| 6 Persons | $35,150 | $35,150 | $56,300 |
| 7 Persons | $37,600 | $37,600 | $60,150 |
| 8 Persons | $40,000 | $40,000 | $64,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Waveland, MS?+
The Fair Market Rent (FMR) for Hancock County, MS is: $825 (Studio), $923 (1BR), $1151 (2BR), $1525 (3BR), $1626 (4BR). Actual rent at subsidized properties like Ridge At Waveland is typically 30% of household income or less.
What size apartments are available at Ridge At Waveland?+
Ridge At Waveland offers the following unit types: 12 One-Bedroom, 48 Two-Bedroom, 60 Three-Bedroom units, for a total of 120 units.
How do I apply for housing at Ridge At Waveland?+
Ridge At Waveland 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 Hancock County, MS?+
For a 4-person household in Hancock County, MS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,300, Low Income (80% AMI): $48,500. These limits are set by HUD and updated annually.
Who manages Ridge At Waveland?+
Ridge At Waveland is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Waveland, MS?+
Based on Fair Market Rent for Hancock County, the estimated price range is: 1-bedroom: $923, 2-bedroom: $1151, 3-bedroom: $1525. Actual rent at Ridge At Waveland may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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