About This Property
Heritage Apts. Magna offers 80 units of affordable housing in Magna, Utah, with 76 designated as low-income units. The community consists of 24 one-bedroom and 52 two-bedroom apartments and has been in service since 2000. This property is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Salt Lake County, UT
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,121 |
| 1 Bedroom | $1,338 |
| 2 Bedroom | $1,606 |
| 3 Bedroom | $2,168 |
| 4 Bedroom | $2,452 |
Income Limits - Salt Lake County, UT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,400
- Very Low (50%)
- $32,300
- Low (80%)
- $51,650
- Extremely Low (30%)
- $22,150
- Very Low (50%)
- $36,900
- Low (80%)
- $59,000
- Extremely Low (30%)
- $24,900
- Very Low (50%)
- $41,500
- Low (80%)
- $66,400
- Extremely Low (30%)
- $27,650
- Very Low (50%)
- $46,100
- Low (80%)
- $73,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $49,800
- Low (80%)
- $79,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $53,500
- Low (80%)
- $85,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $57,200
- Low (80%)
- $91,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $60,900
- Low (80%)
- $97,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,400 | $32,300 | $51,650 |
| 2 Persons | $22,150 | $36,900 | $59,000 |
| 3 Persons | $24,900 | $41,500 | $66,400 |
| 4 Persons | $27,650 | $46,100 | $73,750 |
| 5 Persons | $31,040 | $49,800 | $79,650 |
| 6 Persons | $35,580 | $53,500 | $85,550 |
| 7 Persons | $40,120 | $57,200 | $91,450 |
| 8 Persons | $44,660 | $60,900 | $97,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Magna, UT?+
The Fair Market Rent (FMR) for Salt Lake County, UT is: $1121 (Studio), $1338 (1BR), $1606 (2BR), $2168 (3BR), $2452 (4BR). Actual rent at subsidized properties like Heritage Apts. Magna is typically 30% of household income or less.
What size apartments are available at Heritage Apts. Magna?+
Heritage Apts. Magna offers the following unit types: 24 One-Bedroom, 52 Two-Bedroom units, for a total of 80 units.
How do I apply for housing at Heritage Apts. Magna?+
Heritage Apts. Magna is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 are the income limits for affordable housing in Salt Lake County, UT?+
For a 4-person household in Salt Lake County, UT, the income limits are: Extremely Low Income (30% AMI): $27,650, Very Low Income (50% AMI): $46,100, Low Income (80% AMI): $73,750. These limits are set by HUD and updated annually.
Who manages Heritage Apts. Magna?+
Heritage Apts. Magna is managed by . You can reach them at .
What is the price range for apartments in Magna, UT?+
Based on Fair Market Rent for Salt Lake County, the estimated price range is: 1-bedroom: $1338, 2-bedroom: $1606. Actual rent at Heritage Apts. Magna may be lower for income-eligible households.
Who is eligible to live at Heritage Apts. Magna?+
Heritage Apts. Magna primarily serves Handicapped/ADA. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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