About This Property
Magee II comprises 24 two-bedroom units designated for low-income families in Magee, Mississippi. The property was placed in service in 1997 and operates with 4% Low-Income Housing Tax Credits. All 24 units serve households with income restrictions.
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 Magee Ii is typically 30% of household income or less.
What size apartments are available at Magee Ii?+
Magee Ii offers the following unit types: 24 Two-Bedroom units, for a total of 24 units.
Who is eligible to live at Magee Ii?+
Magee Ii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Magee Ii?+
Magee Ii 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 Magee Ii?+
Magee Ii is managed by . You can reach them at . Visit their website for more information.
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: 2-bedroom: $903. Actual rent at Magee Ii may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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