Terrace Manor I & ll

4603 Little Dr, Bessemer, AL 35022

Waiting List Forecast: Closed

check_circleVerified for 2022 by Lorena Bentley, Colleen Carter
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 1.5 Bath -

Waitlist Information

Bessemer Waiting List

Go to the public housing authority page for this waiting list >>

Terrace Manor I offer floor plans ranging from 1-3 bedrooms with a total of 80 units. Terrace Manor II offers a 3 bedroom floor plan with a total of 50 units.

Amenities include community room with computer access, playground, washer and dryer connections. 

 

 

Dave's Thoughts On Terrace Manor I & ll

This property is funded through HUD’s Public Housing program. These properties are typically owned and managed by a Public Housing Authority. These properties tend to be much older, as no new public housing has been built in many years. Since the Federal budget has historically (and notoriously) underfunded public housing renovations for decades, these properties tend to have higher vacancies due to uninhabitable units or liveable units that are in poor condition. In addition, since all public housing properties offer rent subsidies, low-income residents only pay rent based on their incomes. For that reason, these properties tend to have longer waiting lists. Check our public housing waiting list data for more information. Since Terrace Manor I & ll participates in the Public Housing program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Terrace Manor I & ll Amenities

  • Playground
  • Computer Lab
  • Community Room
  • Full-Size Washer & Dryer Connections

Units at Terrace Manor I & ll

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 486ft2 Rent is Based On Your Income
2 Bedroom (2/1) 610ft2 Call for Price
3 Bedroom 1.5 Bath (Terrace Manor ll) (3/1.5) - Rent is Based On Your Income
3 Bedroom (3/1) 685ft2 Call for Price

Income Qualification for Terrace Manor I & ll

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
30% AMI for PBRA Units $18,900 / year $21,600 / year $24,860 / year $30,000 / year $35,140 / year $40,280 / year
50% AMI for LIHTC Units $31,450 / year $35,950 / year $40,450 / year $44,900 / year $48,500 / year $52,100 / year
50% AMI for PBRA Units $31,450 / year $35,950 / year $40,450 / year $44,900 / year $48,500 / year $52,100 / year
80% AMI for PBRA Units $50,300 / year $57,500 / year $64,700 / year $71,850 / year $77,600 / year $83,350 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Terrace Manor I & ll

Does Terrace Manor I & ll have a waiting list?

Terrace Manor I & ll has a waiting list. See above for waiting list details.

Are rents subsidized at Terrace Manor I & ll?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

In addition to Terrace Manor I & ll, how many other affordable housing properties (and units) are there in Bessemer?

In addition to Terrace Manor I & ll, we list 34 other affordable properties in Bessemer. Learn about these properties here. Our data research shows that there are a total of 1963 affordable units in Bessemer.

Listings Near Terrace Manor I & ll

COBB HILLSIDE HOMES

3394 CLARENDON AVE SOUTH, Bessemer, Alabama 35020

bed 2-4
payment $986-1425/mo.
payment Subsidized

Roosevelt Manor

5812 Ellington St, Bessemer, Alabama 35020

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Pines Apartments

600 Crumpton Dr SW, Bessemer, Alabama 35022

payment Income Based

Peppertree Apartments

28 Division St, Bessemer, Alabama 35020

payment Subsidized

163 20th St

163 20th St, Bessemer, Alabama 35023

bed 3
payment $1325/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

517 Alice St

517 Alice St, Bessemer, Alabama 35022

bed 2
payment $1160/mo.
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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