About This Property
Jacob's Crossings comprises 45 three-bedroom units in Magee, MS and serves families with low incomes. The property has been in service since 2009 and is supported by 9% Low-Income Housing Tax Credits. All 45 units are designated as low-income housing.
Property Details
Fair Market Rent - Simpson 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 | $612 |
| 1 Bedroom | $785 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,240 |
| 4 Bedroom | $1,532 |
Income Limits - Simpson 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 Magee, MS?+
The Fair Market Rent (FMR) for Simpson County, MS is: $612 (Studio), $785 (1BR), $903 (2BR), $1240 (3BR), $1532 (4BR). Actual rent at subsidized properties like Jacob'S Crossings is typically 30% of household income or less.
What size apartments are available at Jacob'S Crossings?+
Jacob'S Crossings offers the following unit types: 45 Three-Bedroom units, for a total of 45 units.
How do I apply for housing at Jacob'S Crossings?+
Jacob'S Crossings 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 Simpson County, MS?+
For a 4-person household in Simpson 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 Magee, MS?+
Based on Fair Market Rent for Simpson County, the estimated price range is: 3-bedroom: $1240. Actual rent at Jacob'S Crossings may be lower for income-eligible households.
Who is eligible to live at Jacob'S Crossings?+
Jacob'S Crossings primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Jacob'S Crossings?+
Jacob'S Crossings is managed by . You can reach them at . Visit their website for more information.
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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