About This Property
Kim-Co Apts offers 10 low-income units in Cruger, MS, with a mix of eight 1-bedroom and two 2-bedroom apartments. The property has been in service since 2000 and receives 9% Low-Income Housing Tax Credit financing. This development serves elderly and disabled residents.
Property Details
Fair Market Rent - Holmes 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 | $704 |
| 1 Bedroom | $804 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,198 |
| 4 Bedroom | $1,203 |
Income Limits - Holmes 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 Cruger, MS?+
The Fair Market Rent (FMR) for Holmes County, MS is: $704 (Studio), $804 (1BR), $903 (2BR), $1198 (3BR), $1203 (4BR). Actual rent at subsidized properties like Kim-Co Apts is typically 30% of household income or less.
What size apartments are available at Kim-Co Apts?+
Kim-Co Apts offers the following unit types: 8 One-Bedroom, 2 Two-Bedroom units, for a total of 10 units.
What are the income limits for affordable housing in Holmes County, MS?+
For a 4-person household in Holmes 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 Kim-Co Apts?+
Kim-Co 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.
Who manages Kim-Co Apts?+
Kim-Co Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Kim-Co Apts?+
Kim-Co Apts 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.
What is the price range for apartments in Cruger, MS?+
Based on Fair Market Rent for Holmes County, the estimated price range is: 1-bedroom: $804, 2-bedroom: $903. Actual rent at Kim-Co Apts may be lower for income-eligible households.