About This Property
Forrest Place Apts comprises 39 low-income units in Kermit, WV, serving families with a mix of 15 one-bedroom and 24 two-bedroom apartments. The property has been in service since 2005 and continues to provide affordable housing options in Mingo County.
Property Details
Fair Market Rent - Mingo County, WV
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $641 |
| 1 Bedroom | $645 |
| 2 Bedroom | $848 |
| 3 Bedroom | $1,127 |
| 4 Bedroom | $1,439 |
Income Limits - Mingo County, WV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,200
- Low (80%)
- $30,700
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,950
- Low (80%)
- $35,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,700
- Low (80%)
- $39,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,400
- Low (80%)
- $43,850
- Extremely Low (30%)
- $29,600
- Very Low (50%)
- $29,600
- Low (80%)
- $47,400
- Extremely Low (30%)
- $31,800
- Very Low (50%)
- $31,800
- Low (80%)
- $50,900
- Extremely Low (30%)
- $34,000
- Very Low (50%)
- $34,000
- Low (80%)
- $54,400
- Extremely Low (30%)
- $36,200
- Very Low (50%)
- $36,200
- Low (80%)
- $57,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,200 | $30,700 |
| 2 Persons | $17,420 | $21,950 | $35,100 |
| 3 Persons | $21,960 | $24,700 | $39,500 |
| 4 Persons | $26,500 | $27,400 | $43,850 |
| 5 Persons | $29,600 | $29,600 | $47,400 |
| 6 Persons | $31,800 | $31,800 | $50,900 |
| 7 Persons | $34,000 | $34,000 | $54,400 |
| 8 Persons | $36,200 | $36,200 | $57,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Kermit, WV?+
The Fair Market Rent (FMR) for Mingo County, WV is: $641 (Studio), $645 (1BR), $848 (2BR), $1127 (3BR), $1439 (4BR). Actual rent at subsidized properties like Forrest Place Apts is typically 30% of household income or less.
What size apartments are available at Forrest Place Apts?+
Forrest Place Apts offers the following unit types: 15 One-Bedroom, 24 Two-Bedroom units, for a total of 39 units.
Who is eligible to live at Forrest Place Apts?+
Forrest Place Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Mingo County, WV?+
For a 4-person household in Mingo County, WV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,400, Low Income (80% AMI): $43,850. These limits are set by HUD and updated annually.
What is the price range for apartments in Kermit, WV?+
Based on Fair Market Rent for Mingo County, the estimated price range is: 1-bedroom: $645, 2-bedroom: $848. Actual rent at Forrest Place Apts may be lower for income-eligible households.
Who manages Forrest Place Apts?+
Forrest Place Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Forrest Place Apts?+
Forrest Place Apts 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.