720 Pamela Dr, Alexander City, AL 35010
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Conveniently located in Alexander City, Alabama, Pamela Manor offers spacious apartment homes at an exceptional price for individuals and families. Choose from 1-, 2-, or 3-bedroom floor plans, each equipped with central heat/air, cable hookups and kitchen appliances.
Residents will enjoy the on-site clubhouse, computer center and exercise room, while kids and families alike will enjoy the outdoor playground and picnic area with grills. The complex is close to plenty of shopping and dining options, as well. Water/sewer and garbage removal are included in the rent.
Because Pamela Manor participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/2) | - | Call for Price† |
| Three Bedroom (3/2) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $23,450 / year | $26,800 / year | $30,150 / year | $33,450 / year | $36,150 / year | $38,850 / year |
| 50% AMI for PBRA Units | $23,450 / year | $26,800 / year | $30,150 / year | $33,450 / year | $36,150 / year | $38,850 / year |
| 60% AMI for LIHTC Units | $28,140 / year | $32,160 / year | $36,180 / year | $40,140 / year | $43,380 / year | $46,620 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Pamela Manor have a waiting list?
Pamela Manor probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Pamela Manor?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Pamela Manor?
Pamela Manor is managed by Olympia Management INC headquartered in Albertville, AL.
In addition to Pamela Manor, how many other affordable housing properties (and units) are there in Alexander City?
In addition to Pamela Manor, we list 12 other affordable properties in Alexander City. Learn about these properties here. Our data research shows that there are a total of 971 affordable units in Alexander City.
When was the Pamela Manor listing last updated?
Pamela Manor listing on Affordable Housing Online was last updated on 03/05/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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