About This Property
Bamberg Village comprises 24 low-income rental units in Bamberg, South Carolina, consisting of 20 one-bedroom and 4 two-bedroom apartments. The property was placed in service in 2007 and utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing. The development provides affordable housing options for residents of Bamberg County.
Property Details
Fair Market Rent - Bamberg 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 | $684 |
| 1 Bedroom | $689 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,275 |
| 4 Bedroom | $1,377 |
Income Limits - Bamberg 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 Bamberg, SC?+
The Fair Market Rent (FMR) for Bamberg County, SC is: $684 (Studio), $689 (1BR), $905 (2BR), $1275 (3BR), $1377 (4BR). Actual rent at subsidized properties like Bamberg Village is typically 30% of household income or less.
What size apartments are available at Bamberg Village?+
Bamberg Village offers the following unit types: 20 One-Bedroom, 4 Two-Bedroom units, for a total of 24 units.
Who manages Bamberg Village?+
Bamberg Village is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Bamberg County, SC?+
For a 4-person household in Bamberg 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.
How do I apply for housing at Bamberg Village?+
Bamberg Village 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 is the price range for apartments in Bamberg, SC?+
Based on Fair Market Rent for Bamberg County, the estimated price range is: 1-bedroom: $689, 2-bedroom: $905. Actual rent at Bamberg Village may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
