About This Property
Pinewood Estates comprises 24 units in New Augusta, MS, with 23 units designated as low-income housing serving families. The property offers a mix of eight 1-bedroom and sixteen 2-bedroom units and has been in service since 2012. The development was financed through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Perry 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 | $766 |
| 1 Bedroom | $906 |
| 2 Bedroom | $1,101 |
| 3 Bedroom | $1,403 |
| 4 Bedroom | $1,466 |
Income Limits - Perry County, MS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,850
- Low (80%)
- $33,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,800
- Low (80%)
- $38,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,800
- Low (80%)
- $42,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,750
- Low (80%)
- $47,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,150
- Low (80%)
- $51,450
- Extremely Low (30%)
- $34,550
- Very Low (50%)
- $34,550
- Low (80%)
- $55,250
- Extremely Low (30%)
- $36,900
- Very Low (50%)
- $36,900
- Low (80%)
- $59,050
- Extremely Low (30%)
- $39,300
- Very Low (50%)
- $39,300
- Low (80%)
- $62,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,850 | $33,350 |
| 2 Persons | $17,420 | $23,800 | $38,100 |
| 3 Persons | $21,960 | $26,800 | $42,850 |
| 4 Persons | $26,500 | $29,750 | $47,600 |
| 5 Persons | $31,040 | $32,150 | $51,450 |
| 6 Persons | $34,550 | $34,550 | $55,250 |
| 7 Persons | $36,900 | $36,900 | $59,050 |
| 8 Persons | $39,300 | $39,300 | $62,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in New Augusta, MS?+
The Fair Market Rent (FMR) for Perry County, MS is: $766 (Studio), $906 (1BR), $1101 (2BR), $1403 (3BR), $1466 (4BR). Actual rent at subsidized properties like Pinewood Estates is typically 30% of household income or less.
What size apartments are available at Pinewood Estates?+
Pinewood Estates offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Perry County, MS?+
For a 4-person household in Perry County, MS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,750, Low Income (80% AMI): $47,600. These limits are set by HUD and updated annually.
Who manages Pinewood Estates?+
Pinewood Estates is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in New Augusta, MS?+
Based on Fair Market Rent for Perry County, the estimated price range is: 1-bedroom: $906, 2-bedroom: $1101. Actual rent at Pinewood Estates may be lower for income-eligible households.
How do I apply for housing at Pinewood Estates?+
Pinewood Estates 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 is eligible to live at Pinewood Estates?+
Pinewood Estates primarily serves families, UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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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