About This Property
Silverhill Apts provides 24 low-income housing units in Philadelphia, MS, with 22 one-bedroom and two two-bedroom apartments. The property has been in service since 1994 and is funded through 4% Low-Income Housing Tax Credits. The community serves elderly and disabled residents.
Property Details
Fair Market Rent - Neshoba 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 | $1,108 |
| 4 Bedroom | $1,406 |
Income Limits - Neshoba 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 Philadelphia, MS?+
The Fair Market Rent (FMR) for Neshoba County, MS is: $775 (Studio), $804 (1BR), $903 (2BR), $1108 (3BR), $1406 (4BR). Actual rent at subsidized properties like Silverhill Apts is typically 30% of household income or less.
What size apartments are available at Silverhill Apts?+
Silverhill Apts offers the following unit types: 22 One-Bedroom, 2 Two-Bedroom units, for a total of 24 units.
How do I apply for housing at Silverhill Apts?+
Silverhill 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 Silverhill Apts?+
Silverhill Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Neshoba County, MS?+
For a 4-person household in Neshoba 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 Philadelphia, MS?+
Based on Fair Market Rent for Neshoba County, the estimated price range is: 1-bedroom: $804, 2-bedroom: $903. Actual rent at Silverhill Apts may be lower for income-eligible households.
Who is eligible to live at Silverhill Apts?+
Silverhill 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.
Walk Score
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Nearby Schools
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