About This Property
Towncreek Apts comprises 52 low-income housing units in Carthage, Mississippi and has been in service since 1988. The property includes 12 one-bedroom and 40 two-bedroom units and serves families through 4% Low-Income Housing Tax Credit financing. The apartments are managed by [management company name].
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 Towncreek Apts is typically 30% of household income or less.
What size apartments are available at Towncreek Apts?+
Towncreek Apts offers the following unit types: 12 One-Bedroom, 40 Two-Bedroom units, for a total of 52 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.
Who is eligible to live at Towncreek Apts?+
Towncreek Apts primarily serves families. 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 Carthage, MS?+
Based on Fair Market Rent for Leake County, the estimated price range is: 1-bedroom: $718, 2-bedroom: $935. Actual rent at Towncreek Apts may be lower for income-eligible households.
Who manages Towncreek Apts?+
Towncreek Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Towncreek Apts?+
Towncreek 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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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