Greystone Place Apartments

3446 Lloyds Ln, Mobile, AL 36693

Waiting List Forecast: Likely Short or None

check_circleVerified for 2021 by Lorena Bentley, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 3 Beds	1 - 2 Baths	-

Call (251) 665-4744

Waitlist Forecast

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.

56 units located in Mobile, AL.

Dave's Thoughts On Greystone Place Apartments

Because Greystone Place Apartments 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. Because of the LIHTC program, additional units are set aside for households earning 50% or less of the AMI with corresponding lower rent caps.

~ Dave Layfield, Founder of Affordable Housing Online

Greystone Place Apartments Amenities

Fitness Center
Playground
Picnic Area

Units at Greystone Place Apartments

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price^†
Two Bedroom (2/1.5)	-	Call for Price^†
Three Bedroom (3/2)	-	Call for Price^†

Income Qualification for Greystone Place Apartments

*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
50% AMI for LIHTC Units	$24,200 / year	$27,650 / year	$31,100 / year	$34,550 / year	$37,350 / year	$40,100 / year
50% AMI for PBRA Units	$24,200 / year	$27,650 / year	$31,100 / year	$34,550 / year	$37,350 / year	$40,100 / year
60% AMI for LIHTC Units	$29,040 / year	$33,180 / year	$37,320 / year	$41,460 / year	$44,820 / year	$48,120 / year

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

FAQs for Greystone Place Apartments

Does Greystone Place Apartments have a waiting list?

Greystone Place Apartments 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 Greystone Place Apartments?

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 Greystone Place Apartments?

Greystone Place Apartments is managed by Greer Management headquartered in Rogersville, al.

In addition to Greystone Place Apartments, how many other affordable housing properties (and units) are there in Mobile?

In addition to Greystone Place Apartments, we list 173 other affordable properties in Mobile. Learn about these properties here. Our data research shows that there are a total of 8122 affordable units in Mobile.