About This Property
Garden Apts comprises 40 two-bedroom units designated for low-income families in Raymond, Mississippi. The property was placed in service in 1994 and operates under 4% Low-Income Housing Tax Credit financing. The community is managed to provide affordable rental housing in Hinds County.
Property Details
Fair Market Rent - Hinds 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 | $996 |
| 1 Bedroom | $997 |
| 2 Bedroom | $1,159 |
| 3 Bedroom | $1,401 |
| 4 Bedroom | $1,564 |
Income Limits - Hinds County, MS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,550
- Very Low (50%)
- $25,900
- Low (80%)
- $41,400
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,600
- Low (80%)
- $47,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,300
- Low (80%)
- $53,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,950
- Low (80%)
- $59,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,950
- Low (80%)
- $63,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,900
- Low (80%)
- $68,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,850
- Low (80%)
- $73,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,800
- Low (80%)
- $78,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,550 | $25,900 | $41,400 |
| 2 Persons | $17,750 | $29,600 | $47,300 |
| 3 Persons | $21,960 | $33,300 | $53,200 |
| 4 Persons | $26,500 | $36,950 | $59,100 |
| 5 Persons | $31,040 | $39,950 | $63,850 |
| 6 Persons | $35,580 | $42,900 | $68,600 |
| 7 Persons | $40,120 | $45,850 | $73,300 |
| 8 Persons | $44,660 | $48,800 | $78,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Raymond, MS?+
The Fair Market Rent (FMR) for Hinds County, MS is: $996 (Studio), $997 (1BR), $1159 (2BR), $1401 (3BR), $1564 (4BR). Actual rent at subsidized properties like Garden Apts is typically 30% of household income or less.
What size apartments are available at Garden Apts?+
Garden Apts offers the following unit types: 40 Two-Bedroom units, for a total of 40 units.
How do I apply for housing at Garden Apts?+
Garden Apts 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 is the price range for apartments in Raymond, MS?+
Based on Fair Market Rent for Hinds County, the estimated price range is: 2-bedroom: $1159. Actual rent at Garden Apts may be lower for income-eligible households.
Who manages Garden Apts?+
Garden Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Hinds County, MS?+
For a 4-person household in Hinds County, MS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,950, Low Income (80% AMI): $59,100. These limits are set by HUD and updated annually.
Who is eligible to live at Garden Apts?+
Garden Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
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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