About This Property
Carib Villas comprises 27 low-income rental units in St. Croix, featuring 16 one-bedroom and 11 two-bedroom apartments. The property has been in service since 2000 and operates under 4% Low-Income Housing Tax Credit financing.
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 St Croix, 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 is typically 30% of household income or less.
What size apartments are available at Carib Villas?+
Carib Villas offers the following unit types: 16 One-Bedroom, 11 Two-Bedroom units, for a total of 27 units.
How do I apply for housing at Carib Villas?+
Carib Villas 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.
What is the price range for apartments in St Croix, 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 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.
Who manages Carib Villas?+
Carib Villas is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
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