About This Property
Fountain Arms offers 50 low-income residential units in Fountain Inn, South Carolina, with a mix of 20 one-bedroom and 30 two-bedroom apartments. The property was placed in service in 1988 and utilizes 9% Low-Income Housing Tax Credits. Interested parties can contact the property management for additional information regarding availability and lease terms.
Property Details
Fair Market Rent - Greenville 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 | $1,032 |
| 1 Bedroom | $1,074 |
| 2 Bedroom | $1,206 |
| 3 Bedroom | $1,500 |
| 4 Bedroom | $1,797 |
Income Limits - Greenville County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,250
- Very Low (50%)
- $27,050
- Low (80%)
- $43,250
- Extremely Low (30%)
- $18,550
- Very Low (50%)
- $30,900
- Low (80%)
- $49,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,750
- Low (80%)
- $55,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,600
- Low (80%)
- $61,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,700
- Low (80%)
- $66,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,900
- Low (80%)
- $76,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,000
- Low (80%)
- $81,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,250 | $27,050 | $43,250 |
| 2 Persons | $18,550 | $30,900 | $49,400 |
| 3 Persons | $21,960 | $34,750 | $55,600 |
| 4 Persons | $26,500 | $38,600 | $61,750 |
| 5 Persons | $31,040 | $41,700 | $66,700 |
| 6 Persons | $35,580 | $44,800 | $71,650 |
| 7 Persons | $40,120 | $47,900 | $76,600 |
| 8 Persons | $44,660 | $51,000 | $81,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fountain Inn, SC?+
The Fair Market Rent (FMR) for Greenville County, SC is: $1032 (Studio), $1074 (1BR), $1206 (2BR), $1500 (3BR), $1797 (4BR). Actual rent at subsidized properties like Fountain Arms is typically 30% of household income or less.
What size apartments are available at Fountain Arms?+
Fountain Arms offers the following unit types: 20 One-Bedroom, 30 Two-Bedroom units, for a total of 50 units.
What is the price range for apartments in Fountain Inn, SC?+
Based on Fair Market Rent for Greenville County, the estimated price range is: 1-bedroom: $1074, 2-bedroom: $1206. Actual rent at Fountain Arms may be lower for income-eligible households.
Who manages Fountain Arms?+
Fountain Arms is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Greenville County, SC?+
For a 4-person household in Greenville County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,600, Low Income (80% AMI): $61,750. These limits are set by HUD and updated annually.
How do I apply for housing at Fountain Arms?+
Fountain Arms 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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