About This Property
Albany Village Apartments offers 40 low-income units in Albany, TX, serving families, elderly, disabled, and homeless populations. The property contains 16 one-bedroom and 24 two-bedroom units and has been in service since 1998. The apartments are financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Shackelford 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 | $791 |
| 1 Bedroom | $818 |
| 2 Bedroom | $1,016 |
| 3 Bedroom | $1,332 |
| 4 Bedroom | $1,510 |
Income Limits - Shackelford County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,350
- Low (80%)
- $34,100
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,400
- Low (80%)
- $39,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,450
- Low (80%)
- $43,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,450
- Low (80%)
- $48,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,900
- Low (80%)
- $52,600
- Extremely Low (30%)
- $35,350
- Very Low (50%)
- $35,350
- Low (80%)
- $56,500
- Extremely Low (30%)
- $37,800
- Very Low (50%)
- $37,800
- Low (80%)
- $60,400
- Extremely Low (30%)
- $40,200
- Very Low (50%)
- $40,200
- Low (80%)
- $64,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,350 | $34,100 |
| 2 Persons | $17,420 | $24,400 | $39,000 |
| 3 Persons | $21,960 | $27,450 | $43,850 |
| 4 Persons | $26,500 | $30,450 | $48,700 |
| 5 Persons | $31,040 | $32,900 | $52,600 |
| 6 Persons | $35,350 | $35,350 | $56,500 |
| 7 Persons | $37,800 | $37,800 | $60,400 |
| 8 Persons | $40,200 | $40,200 | $64,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Albany, TX?+
The Fair Market Rent (FMR) for Shackelford County, TX is: $791 (Studio), $818 (1BR), $1016 (2BR), $1332 (3BR), $1510 (4BR). Actual rent at subsidized properties like Albany Village Apartments is typically 30% of household income or less.
What size apartments are available at Albany Village Apartments?+
Albany Village Apartments offers the following unit types: 16 One-Bedroom, 24 Two-Bedroom units, for a total of 40 units.
What are the income limits for affordable housing in Shackelford County, TX?+
For a 4-person household in Shackelford County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,450, Low Income (80% AMI): $48,700. These limits are set by HUD and updated annually.
What is the price range for apartments in Albany, TX?+
Based on Fair Market Rent for Shackelford County, the estimated price range is: 1-bedroom: $818, 2-bedroom: $1016. Actual rent at Albany Village Apartments may be lower for income-eligible households.
Who manages Albany Village Apartments?+
Albany Village Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Albany Village Apartments?+
Albany Village Apartments 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 Albany Village Apartments?+
Albany Village Apartments primarily serves families, elderly residents, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.