5209 Highway 43 N, Satsuma, AL 36572
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley, Colleen Carter, Ric GresiaRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 2 Beds | 1 Bath | - |
This property is currently under construction.
Arbours at Satsuma, when completed, will be a senior community located in Satsuma, AL.
Arbours at Satsuma offers 1-bedroom and 2-bedroom apartments for seniors (62+) in Satsuma, AL. The Arbours is a gated community with community amenities including a clubhouse, elevators, covered picnic pavilion, fitness facility, game room and business center.
Because Arbours At Satsuma 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 |
---|---|---|
1 Bedroom (1/1) | - | Call for Price† |
2 Bedroom (2/1) | - | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people |
---|---|---|---|---|
50% AMI for LIHTC Units | $24,200 / year | $27,650 / year | $31,100 / year | $34,550 / year |
50% AMI for PBRA Units | $24,200 / year | $27,650 / year | $31,100 / year | $34,550 / year |
60% AMI for LIHTC Units | $29,040 / year | $33,180 / year | $37,320 / year | $41,460 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Arbours At Satsuma have a waiting list?
Arbours At Satsuma 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 Arbours At Satsuma?
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 Arbours At Satsuma?
Arbours At Satsuma is managed by Arbour Valley Communities headquartered in Birmingham, AL.
In addition to Arbours At Satsuma, how many other affordable housing properties (and units) are there in Mobile County?
In addition to Arbours At Satsuma, we list 220 other affordable properties in Mobile County. Learn about these properties here. Our data research shows that there are a total of 10379 affordable units in Mobile County.
When was the Arbours At Satsuma listing last updated?
Arbours At Satsuma listing on Affordable Housing Online was last updated on 09/12/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
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