About This Property
Elms Apts contains 24 low-income units in Carthage serving elderly and disabled residents. The property, which opened in 1991, includes 23 one-bedroom and one two-bedroom units and is financed through 4% Low-Income Housing Tax Credits. Management of the property is available upon inquiry.
Property Details
Fair Market Rent - Leake 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 | $713 |
| 1 Bedroom | $718 |
| 2 Bedroom | $935 |
| 3 Bedroom | $1,131 |
| 4 Bedroom | $1,284 |
Income Limits - Leake 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 Carthage, MS?+
The Fair Market Rent (FMR) for Leake County, MS is: $713 (Studio), $718 (1BR), $935 (2BR), $1131 (3BR), $1284 (4BR). Actual rent at subsidized properties like Elms Apts is typically 30% of household income or less.
What size apartments are available at Elms Apts?+
Elms Apts offers the following unit types: 23 One-Bedroom, 1 Two-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Leake County, MS?+
For a 4-person household in Leake 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.
What is the price range for apartments in Carthage, MS?+
Based on Fair Market Rent for Leake County, the estimated price range is: 1-bedroom: $718, 2-bedroom: $935. Actual rent at Elms Apts may be lower for income-eligible households.
Who is eligible to live at Elms Apts?+
Elms 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.
Who manages Elms Apts?+
Elms Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Elms Apts?+
Elms 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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