About This Property
Logans Pointe offers 99 units of affordable housing in Mt. Vernon, TX within Franklin County. The property provides rental housing options for residents seeking affordable accommodation in the area.
Property Details
Fair Market Rent - Franklin County, TX
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $836 |
| 1 Bedroom | $842 |
| 2 Bedroom | $1,106 |
| 3 Bedroom | $1,337 |
| 4 Bedroom | $1,644 |
Income Limits - Franklin County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,700
- Low (80%)
- $37,950
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,100
- Low (80%)
- $43,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,500
- Low (80%)
- $48,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,850
- Low (80%)
- $54,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,600
- Low (80%)
- $58,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,300
- Low (80%)
- $62,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,000
- Low (80%)
- $67,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,700
- Low (80%)
- $71,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,700 | $37,950 |
| 2 Persons | $17,420 | $27,100 | $43,350 |
| 3 Persons | $21,960 | $30,500 | $48,750 |
| 4 Persons | $26,500 | $33,850 | $54,150 |
| 5 Persons | $31,040 | $36,600 | $58,500 |
| 6 Persons | $35,580 | $39,300 | $62,850 |
| 7 Persons | $40,120 | $42,000 | $67,150 |
| 8 Persons | $44,660 | $44,700 | $71,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mt Vernon, TX?+
The Fair Market Rent (FMR) for Franklin County, TX is: $836 (Studio), $842 (1BR), $1106 (2BR), $1337 (3BR), $1644 (4BR). Actual rent at subsidized properties like Logans Pointe is typically 30% of household income or less.
What are the income limits for affordable housing in Franklin County, TX?+
For a 4-person household in Franklin County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,850, Low Income (80% AMI): $54,150. These limits are set by HUD and updated annually.
How do I apply for housing at Logans Pointe?+
Logans Pointe 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 Logans Pointe?+
Logans Pointe is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
