About This Property
Cypress Mill offers 36 low-income residential units in Ninety-Six, South Carolina, with a mix of 16 one-bedroom and 20 two-bedroom apartments serving families. The property was placed in service in 2018 and is structured as a 9% Low-Income Housing Tax Credit development. A non-profit organization owns and operates the community.
Property Details
Fair Market Rent - Greenwood 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 | $781 |
| 1 Bedroom | $786 |
| 2 Bedroom | $992 |
| 3 Bedroom | $1,199 |
| 4 Bedroom | $1,321 |
Income Limits - Greenwood County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,200
- Low (80%)
- $30,700
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,950
- Low (80%)
- $35,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,700
- Low (80%)
- $39,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,400
- Low (80%)
- $43,850
- Extremely Low (30%)
- $29,600
- Very Low (50%)
- $29,600
- Low (80%)
- $47,400
- Extremely Low (30%)
- $31,800
- Very Low (50%)
- $31,800
- Low (80%)
- $50,900
- Extremely Low (30%)
- $34,000
- Very Low (50%)
- $34,000
- Low (80%)
- $54,400
- Extremely Low (30%)
- $36,200
- Very Low (50%)
- $36,200
- Low (80%)
- $57,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,200 | $30,700 |
| 2 Persons | $17,420 | $21,950 | $35,100 |
| 3 Persons | $21,960 | $24,700 | $39,500 |
| 4 Persons | $26,500 | $27,400 | $43,850 |
| 5 Persons | $29,600 | $29,600 | $47,400 |
| 6 Persons | $31,800 | $31,800 | $50,900 |
| 7 Persons | $34,000 | $34,000 | $54,400 |
| 8 Persons | $36,200 | $36,200 | $57,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ninety Six, SC?+
The Fair Market Rent (FMR) for Greenwood County, SC is: $781 (Studio), $786 (1BR), $992 (2BR), $1199 (3BR), $1321 (4BR). Actual rent at subsidized properties like Cypress Mill is typically 30% of household income or less.
What size apartments are available at Cypress Mill?+
Cypress Mill offers the following unit types: 16 One-Bedroom, 20 Two-Bedroom units, for a total of 36 units.
What are the income limits for affordable housing in Greenwood County, SC?+
For a 4-person household in Greenwood County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,400, Low Income (80% AMI): $43,850. These limits are set by HUD and updated annually.
Who manages Cypress Mill?+
Cypress Mill is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Cypress Mill?+
Cypress Mill primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Cypress Mill?+
Cypress Mill 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 Ninety Six, SC?+
Based on Fair Market Rent for Greenwood County, the estimated price range is: 1-bedroom: $786, 2-bedroom: $992. Actual rent at Cypress Mill may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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