About This Property
North Gate Apts comprises 24 low-income rental units in Rolling Fork, MS, with a mix of four 1-bedroom, twelve 2-bedroom, and eight 3-bedroom floor plans. The property was placed in service in 2011 and receives 9% Low-Income Housing Tax Credit financing. Units serve households meeting low-income eligibility requirements.
Property Details
Fair Market Rent - Sharkey 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 | $738 |
| 1 Bedroom | $742 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,214 |
| 4 Bedroom | $1,219 |
Income Limits - Sharkey 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 Rolling Fork, MS?+
The Fair Market Rent (FMR) for Sharkey County, MS is: $738 (Studio), $742 (1BR), $903 (2BR), $1214 (3BR), $1219 (4BR). Actual rent at subsidized properties like North Gate Apts is typically 30% of household income or less.
What size apartments are available at North Gate Apts?+
North Gate Apts offers the following unit types: 4 One-Bedroom, 12 Two-Bedroom, 8 Three-Bedroom units, for a total of 24 units.
How do I apply for housing at North Gate Apts?+
North Gate 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.
What are the income limits for affordable housing in Sharkey County, MS?+
For a 4-person household in Sharkey 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 Rolling Fork, MS?+
Based on Fair Market Rent for Sharkey County, the estimated price range is: 1-bedroom: $742, 2-bedroom: $903, 3-bedroom: $1214. Actual rent at North Gate Apts may be lower for income-eligible households.
Who manages North Gate Apts?+
North Gate Apts is managed by . You can reach them at . Visit their website for more information.