About This Property
Carib Villas IV contains 67 low-income rental units in Christiansted, St. Croix, with a unit mix of 39 one-bedroom and 28 two-bedroom apartments. The property was placed in service in 2009 and is financed through 4% Low-Income Housing Tax Credits. The development serves households earning at or below area median income limits.
Property Details
Fair Market Rent - St. Croix County, VI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,084 |
| 1 Bedroom | $1,106 |
| 2 Bedroom | $1,351 |
| 3 Bedroom | $1,634 |
| 4 Bedroom | $1,799 |
Income Limits - St. Croix County, VI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,750
- Very Low (50%)
- $21,250
- Low (80%)
- $33,950
- Extremely Low (30%)
- $14,600
- Very Low (50%)
- $24,250
- Low (80%)
- $38,800
- Extremely Low (30%)
- $16,400
- Very Low (50%)
- $27,300
- Low (80%)
- $43,650
- Extremely Low (30%)
- $18,200
- Very Low (50%)
- $30,300
- Low (80%)
- $48,500
- Extremely Low (30%)
- $19,700
- Very Low (50%)
- $32,750
- Low (80%)
- $52,400
- Extremely Low (30%)
- $21,150
- Very Low (50%)
- $35,150
- Low (80%)
- $56,300
- Extremely Low (30%)
- $22,600
- Very Low (50%)
- $37,600
- Low (80%)
- $60,150
- Extremely Low (30%)
- $24,050
- Very Low (50%)
- $40,000
- Low (80%)
- $64,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,750 | $21,250 | $33,950 |
| 2 Persons | $14,600 | $24,250 | $38,800 |
| 3 Persons | $16,400 | $27,300 | $43,650 |
| 4 Persons | $18,200 | $30,300 | $48,500 |
| 5 Persons | $19,700 | $32,750 | $52,400 |
| 6 Persons | $21,150 | $35,150 | $56,300 |
| 7 Persons | $22,600 | $37,600 | $60,150 |
| 8 Persons | $24,050 | $40,000 | $64,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Christiansted, VI?+
The Fair Market Rent (FMR) for St. Croix County, VI is: $1084 (Studio), $1106 (1BR), $1351 (2BR), $1634 (3BR), $1799 (4BR). Actual rent at subsidized properties like Carib Villas Iv is typically 30% of household income or less.
What size apartments are available at Carib Villas Iv?+
Carib Villas Iv offers the following unit types: 39 One-Bedroom, 28 Two-Bedroom units, for a total of 67 units.
How do I apply for housing at Carib Villas Iv?+
Carib Villas Iv 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 Carib Villas Iv?+
Carib Villas Iv is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Christiansted, VI?+
Based on Fair Market Rent for St. Croix County, the estimated price range is: 1-bedroom: $1106, 2-bedroom: $1351. Actual rent at Carib Villas Iv may be lower for income-eligible households.
What are the income limits for affordable housing in St. Croix County, VI?+
For a 4-person household in St. Croix County, VI, the income limits are: Extremely Low Income (30% AMI): $18,200, Very Low Income (50% AMI): $30,300, Low Income (80% AMI): $48,500. These limits are set by HUD and updated annually.