About This Property
Spartanburg Elderly Housing Dev offers 97 one-bedroom units in Boiling Springs designed to serve elderly residents with low incomes. The property has been in service since 2000 and is funded through HOME and 9% Low-Income Housing Tax Credits. A non-profit organization owns and manages this development.
Property Details
Fair Market Rent - Spartanburg 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 | $976 |
| 1 Bedroom | $1,016 |
| 2 Bedroom | $1,141 |
| 3 Bedroom | $1,450 |
| 4 Bedroom | $1,536 |
Income Limits - Spartanburg County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,800
- Low (80%)
- $38,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,200
- Low (80%)
- $43,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,600
- Low (80%)
- $48,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,700
- Low (80%)
- $58,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,100
- Low (80%)
- $67,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,850
- Low (80%)
- $71,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,800 | $38,050 |
| 2 Persons | $17,420 | $27,200 | $43,450 |
| 3 Persons | $21,960 | $30,600 | $48,900 |
| 4 Persons | $26,500 | $33,950 | $54,300 |
| 5 Persons | $31,040 | $36,700 | $58,650 |
| 6 Persons | $35,580 | $39,400 | $63,000 |
| 7 Persons | $40,120 | $42,100 | $67,350 |
| 8 Persons | $44,660 | $44,850 | $71,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Boiling Springs, SC?+
The Fair Market Rent (FMR) for Spartanburg County, SC is: $976 (Studio), $1016 (1BR), $1141 (2BR), $1450 (3BR), $1536 (4BR). Actual rent at subsidized properties like Spartanburg Elderly Housing Dev is typically 30% of household income or less.
What size apartments are available at Spartanburg Elderly Housing Dev?+
Spartanburg Elderly Housing Dev offers the following unit types: 97 One-Bedroom units, for a total of 97 units.
What are the income limits for affordable housing in Spartanburg County, SC?+
For a 4-person household in Spartanburg County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,950, Low Income (80% AMI): $54,300. These limits are set by HUD and updated annually.
How do I apply for housing at Spartanburg Elderly Housing Dev?+
Spartanburg Elderly Housing Dev 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.
Who is eligible to live at Spartanburg Elderly Housing Dev?+
Spartanburg Elderly Housing Dev primarily serves elderly residents. 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 Boiling Springs, SC?+
Based on Fair Market Rent for Spartanburg County, the estimated price range is: 1-bedroom: $1016. Actual rent at Spartanburg Elderly Housing Dev may be lower for income-eligible households.
Who manages Spartanburg Elderly Housing Dev?+
Spartanburg Elderly Housing Dev is managed by . You can reach them at . Visit their website for more information.