1621 Sundown Dr NW, Arab, AL 35016
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
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.
For adult seniors aged 55 and up, Annie Lee Gardens in Arab, Alabama offers comfortable 1- and 2-bedroom apartments with plenty of extras. Apartments are equipped with range, microwave, dishwasher, refrigerator with ice maker, washer/dryer connections, covered patios, front screen doors and plenty of storage.
The complex itself is beautifully landscaped, with additional amenities that include a clubhouse, computer center, laundry facilities, fitness center and an outdoor picnic area with gazebo. Plenty of shopping and dining options can be found about 2 miles east along U.S.-231. Garbage pickup included in the rent.
Because Annie Lee Gardens 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 (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $23,750 / year | $27,150 / year | $30,550 / year | $33,900 / year |
| 50% AMI for PBRA Units | $23,750 / year | $27,150 / year | $30,550 / year | $33,900 / year |
| 60% AMI for LIHTC Units | $28,500 / year | $32,580 / year | $36,660 / year | $40,680 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Annie Lee Gardens have a waiting list?
Annie Lee Gardens 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 Annie Lee Gardens?
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 Annie Lee Gardens?
Annie Lee Gardens is managed by Olympia Management INC headquartered in Albertville, AL.
In addition to Annie Lee Gardens, how many other affordable housing properties (and units) are there in Arab?
In addition to Annie Lee Gardens, we list 8 other affordable properties in Arab. Learn about these properties here. Our data research shows that there are a total of 391 affordable units in Arab.
When was the Annie Lee Gardens listing last updated?
Annie Lee Gardens listing on Affordable Housing Online was last updated on 03/04/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
830 Cullman Rd, Arab, Alabama 35016
110 8th St NW, Arab, Alabama 35016
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