About This Property
Tunica Villa offers 26 units in Tunica, Mississippi, with 25 designated as low-income housing. The property includes 4 one-bedroom, 14 two-bedroom, and 8 three-bedroom units and serves families and disabled residents. Placed in service in 2002, the community is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Tunica 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 | $940 |
| 1 Bedroom | $1,017 |
| 2 Bedroom | $1,191 |
| 3 Bedroom | $1,440 |
| 4 Bedroom | $1,586 |
Income Limits - Tunica 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 Tunica, MS?+
The Fair Market Rent (FMR) for Tunica County, MS is: $940 (Studio), $1017 (1BR), $1191 (2BR), $1440 (3BR), $1586 (4BR). Actual rent at subsidized properties like Tunica Villa is typically 30% of household income or less.
What size apartments are available at Tunica Villa?+
Tunica Villa offers the following unit types: 4 One-Bedroom, 14 Two-Bedroom, 8 Three-Bedroom units, for a total of 26 units.
Who manages Tunica Villa?+
Tunica Villa is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Tunica Villa?+
Tunica 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.
What are the income limits for affordable housing in Tunica County, MS?+
For a 4-person household in Tunica 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 Tunica, MS?+
Based on Fair Market Rent for Tunica County, the estimated price range is: 1-bedroom: $1017, 2-bedroom: $1191, 3-bedroom: $1440. Actual rent at Tunica Villa may be lower for income-eligible households.
Who is eligible to live at Tunica Villa?+
Tunica Villa primarily serves families, persons with disabilities. 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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