About This Property
Waterford Place Apts comprises 32 one-bedroom units designated for low-income households in Calhoun Falls, South Carolina. The property has been in service since 1994 and is financed through the 9% Low-Income Housing Tax Credit program. This affordable housing development serves Abbeville County residents.
Property Details
Fair Market Rent - Abbeville County, SC
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $705 |
| 1 Bedroom | $709 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,275 |
| 4 Bedroom | $1,409 |
Income Limits - Abbeville County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $18,800
- Low (80%)
- $30,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,450
- Low (80%)
- $34,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,150
- Low (80%)
- $38,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $26,800
- Low (80%)
- $42,900
- Extremely Low (30%)
- $28,950
- Very Low (50%)
- $28,950
- Low (80%)
- $46,350
- Extremely Low (30%)
- $31,100
- Very Low (50%)
- $31,100
- Low (80%)
- $49,800
- Extremely Low (30%)
- $33,250
- Very Low (50%)
- $33,250
- Low (80%)
- $53,200
- Extremely Low (30%)
- $35,400
- Very Low (50%)
- $35,400
- Low (80%)
- $56,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $18,800 | $30,050 |
| 2 Persons | $17,420 | $21,450 | $34,350 |
| 3 Persons | $21,960 | $24,150 | $38,650 |
| 4 Persons | $26,500 | $26,800 | $42,900 |
| 5 Persons | $28,950 | $28,950 | $46,350 |
| 6 Persons | $31,100 | $31,100 | $49,800 |
| 7 Persons | $33,250 | $33,250 | $53,200 |
| 8 Persons | $35,400 | $35,400 | $56,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Calhoun Falls, SC?+
The Fair Market Rent (FMR) for Abbeville County, SC is: $705 (Studio), $709 (1BR), $905 (2BR), $1275 (3BR), $1409 (4BR). Actual rent at subsidized properties like Waterford Place Apts is typically 30% of household income or less.
What size apartments are available at Waterford Place Apts?+
Waterford Place Apts offers the following unit types: 32 One-Bedroom units, for a total of 32 units.
Who manages Waterford Place Apts?+
Waterford Place Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Calhoun Falls, SC?+
Based on Fair Market Rent for Abbeville County, the estimated price range is: 1-bedroom: $709. Actual rent at Waterford Place Apts may be lower for income-eligible households.
How do I apply for housing at Waterford Place Apts?+
Waterford Place 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 Abbeville County, SC?+
For a 4-person household in Abbeville County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $26,800, Low Income (80% AMI): $42,900. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
