About This Property
Magnolia Apts comprises 30 two-bedroom units serving elderly and disabled residents in Eupora, Mississippi. The property was placed in service in 2013 and operates as a low-income housing community in Webster County.
Property Details
Fair Market Rent - Webster 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 | $1,092 |
| 4 Bedroom | $1,259 |
Income Limits - Webster County, MS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,400
- Low (80%)
- $31,000
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,150
- Low (80%)
- $35,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,900
- Low (80%)
- $39,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,650
- Low (80%)
- $44,250
- Extremely Low (30%)
- $29,900
- Very Low (50%)
- $29,900
- Low (80%)
- $47,800
- Extremely Low (30%)
- $32,100
- Very Low (50%)
- $32,100
- Low (80%)
- $51,350
- Extremely Low (30%)
- $34,300
- Very Low (50%)
- $34,300
- Low (80%)
- $54,900
- Extremely Low (30%)
- $36,500
- Very Low (50%)
- $36,500
- Low (80%)
- $58,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,400 | $31,000 |
| 2 Persons | $17,420 | $22,150 | $35,400 |
| 3 Persons | $21,960 | $24,900 | $39,850 |
| 4 Persons | $26,500 | $27,650 | $44,250 |
| 5 Persons | $29,900 | $29,900 | $47,800 |
| 6 Persons | $32,100 | $32,100 | $51,350 |
| 7 Persons | $34,300 | $34,300 | $54,900 |
| 8 Persons | $36,500 | $36,500 | $58,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Eupora, MS?+
The Fair Market Rent (FMR) for Webster County, MS is: $738 (Studio), $742 (1BR), $903 (2BR), $1092 (3BR), $1259 (4BR). Actual rent at subsidized properties like Magnolia Apts is typically 30% of household income or less.
What size apartments are available at Magnolia Apts?+
Magnolia Apts offers the following unit types: 30 Two-Bedroom units, for a total of 30 units.
What is the price range for apartments in Eupora, MS?+
Based on Fair Market Rent for Webster County, the estimated price range is: 2-bedroom: $903. Actual rent at Magnolia Apts may be lower for income-eligible households.
Who is eligible to live at Magnolia Apts?+
Magnolia Apts primarily serves elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Magnolia Apts?+
Magnolia Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Magnolia Apts?+
Magnolia 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 Webster County, MS?+
For a 4-person household in Webster County, MS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,650, Low Income (80% AMI): $44,250. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
