About This Property
Silver City Manor comprises 25 units serving elderly residents in Silver City, MS, with 24 designated as low-income housing. The property, placed in service in 1997, contains 22 one-bedroom units and three two-bedroom units. The development is funded through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Humphreys 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 | $775 |
| 1 Bedroom | $804 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,198 |
| 4 Bedroom | $1,203 |
Income Limits - Humphreys 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 Silver City, MS?+
The Fair Market Rent (FMR) for Humphreys County, MS is: $775 (Studio), $804 (1BR), $903 (2BR), $1198 (3BR), $1203 (4BR). Actual rent at subsidized properties like Silver City Manor is typically 30% of household income or less.
What size apartments are available at Silver City Manor?+
Silver City Manor offers the following unit types: 22 One-Bedroom, 3 Two-Bedroom units, for a total of 25 units.
What are the income limits for affordable housing in Humphreys County, MS?+
For a 4-person household in Humphreys 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 manages Silver City Manor?+
Silver City Manor is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Silver City Manor?+
Silver City Manor primarily serves elderly residents. 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 Silver City, MS?+
Based on Fair Market Rent for Humphreys County, the estimated price range is: 1-bedroom: $804, 2-bedroom: $903. Actual rent at Silver City Manor may be lower for income-eligible households.
How do I apply for housing at Silver City Manor?+
Silver City Manor 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.