About This Property
Canebreak, a LP offers 120 low-income units in Summerville, SC designed to serve families. The property includes 32 one-bedroom, 56 two-bedroom, and 32 three-bedroom units and has been in service since 2005. Financing for the development consists of tax-exempt bonds and 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Dorchester 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 | $1,386 |
| 1 Bedroom | $1,424 |
| 2 Bedroom | $1,599 |
| 3 Bedroom | $1,979 |
| 4 Bedroom | $2,402 |
Income Limits - Dorchester County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,300
- Very Low (50%)
- $28,750
- Low (80%)
- $46,000
- Extremely Low (30%)
- $19,750
- Very Low (50%)
- $32,850
- Low (80%)
- $52,600
- Extremely Low (30%)
- $22,200
- Very Low (50%)
- $36,950
- Low (80%)
- $59,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,050
- Low (80%)
- $65,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,350
- Low (80%)
- $71,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,650
- Low (80%)
- $76,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,950
- Low (80%)
- $81,500
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,200
- Low (80%)
- $86,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,300 | $28,750 | $46,000 |
| 2 Persons | $19,750 | $32,850 | $52,600 |
| 3 Persons | $22,200 | $36,950 | $59,150 |
| 4 Persons | $26,500 | $41,050 | $65,700 |
| 5 Persons | $31,040 | $44,350 | $71,000 |
| 6 Persons | $35,580 | $47,650 | $76,250 |
| 7 Persons | $40,120 | $50,950 | $81,500 |
| 8 Persons | $44,660 | $54,200 | $86,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Summerville, SC?+
The Fair Market Rent (FMR) for Dorchester County, SC is: $1386 (Studio), $1424 (1BR), $1599 (2BR), $1979 (3BR), $2402 (4BR). Actual rent at subsidized properties like Canebreak, a Lp is typically 30% of household income or less.
What size apartments are available at Canebreak, a Lp?+
Canebreak, a Lp offers the following unit types: 32 One-Bedroom, 56 Two-Bedroom, 32 Three-Bedroom units, for a total of 120 units.
Who is eligible to live at Canebreak, a Lp?+
Canebreak, a Lp primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Summerville, SC?+
Based on Fair Market Rent for Dorchester County, the estimated price range is: 1-bedroom: $1424, 2-bedroom: $1599, 3-bedroom: $1979. Actual rent at Canebreak, a Lp may be lower for income-eligible households.
What are the income limits for affordable housing in Dorchester County, SC?+
For a 4-person household in Dorchester County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,050, Low Income (80% AMI): $65,700. These limits are set by HUD and updated annually.
Who manages Canebreak, a Lp?+
Canebreak, a Lp is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Canebreak, a Lp?+
Canebreak, a Lp 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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