About This Property
Ludwig II offers 2 low-income rental units in Greenville, Mississippi, serving elderly residents. The property contains two 2-bedroom apartments and has been in service since 1989. This development utilizes 4% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Washington 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 | $668 |
| 1 Bedroom | $773 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,249 |
| 4 Bedroom | $1,463 |
Income Limits - Washington 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 Greenville, MS?+
The Fair Market Rent (FMR) for Washington County, MS is: $668 (Studio), $773 (1BR), $903 (2BR), $1249 (3BR), $1463 (4BR). Actual rent at subsidized properties like Ludwig Ii is typically 30% of household income or less.
What size apartments are available at Ludwig Ii?+
Ludwig Ii offers the following unit types: 2 Two-Bedroom units, for a total of 2 units.
What are the income limits for affordable housing in Washington County, MS?+
For a 4-person household in Washington 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 Greenville, MS?+
Based on Fair Market Rent for Washington County, the estimated price range is: 2-bedroom: $903. Actual rent at Ludwig Ii may be lower for income-eligible households.
Who is eligible to live at Ludwig Ii?+
Ludwig Ii primarily serves elderly residents. 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 Ludwig Ii?+
Ludwig 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 Ludwig Ii?+
Ludwig Ii is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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