About This Property
Rainer Villa provides 20 low-income rental units in New Augusta, MS, serving families, elderly, and disabled residents. The property offers a unit mix of four one-bedroom and sixteen two-bedroom apartments and has been in service since 1992. Property management contact information is available upon request.
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 Rainer Villa is typically 30% of household income or less.
What size apartments are available at Rainer Villa?+
Rainer Villa offers the following unit types: 4 One-Bedroom, 16 Two-Bedroom units, for a total of 20 units.
Who manages Rainer Villa?+
Rainer Villa is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Rainer Villa?+
Rainer Villa 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 Rainer Villa?+
Rainer Villa primarily serves families, elderly residents, persons with disabilities. 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 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 Rainer Villa may be lower for income-eligible households.
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.
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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