About This Property
Woodstream Apts provides 24 low-income rental units in Wellford, SC, consisting of 8 one-bedroom and 16 two-bedroom apartments. The property was placed in service in 2010 and is financed through tax-exempt bonds and 4% LIHTC credits. The community serves households meeting low-income eligibility requirements.
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 Wellford, 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 Woodstream Apts is typically 30% of household income or less.
What size apartments are available at Woodstream Apts?+
Woodstream Apts offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
How do I apply for housing at Woodstream Apts?+
Woodstream Apts 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 manages Woodstream Apts?+
Woodstream Apts is managed by . You can reach them at . Visit their website for more information.
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.
What is the price range for apartments in Wellford, SC?+
Based on Fair Market Rent for Spartanburg County, the estimated price range is: 1-bedroom: $1016, 2-bedroom: $1141. Actual rent at Woodstream Apts may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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