Gibbs Manor

200 Gibbs St, Troy, AL 36081

Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units

check_circleVerified for 2023 by Connor Bailey, Colleen Carter
Rent Beds Baths SqFt
Call for Rents 1 - 2 Beds 1 - 2 Baths -

Waitlist Forecast

Since this property is a USDA 515 and LIHTC property that might have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.

Gibbs Manor is an affordable apartment community offering 1-bedroom and 2-bedroom floor plans. Each unit features a washer/dryer and outside storage. There is a picnic area and playground on the property.

Dave's Thoughts On Gibbs Manor

Because Gibbs Manor participates in the USDA Section 515 Rural Rental Housing program, this property is likely located in a rural community and may be one of only a few rental housing choices in the area. To qualify for residency in a Section 515 property, you must earn 80% or less of Area Median Income (AMI). However, this property also participates in the LIHTC program, so most or all units in the property are likely limited to persons earning 60% of AMI. Since this property also participates in USDA's Section 521 Rental Assistance program, residents who earn 50% of the AMI or less may qualify for a subsidy that limits your rent payment to 30% of your income. Some Section 521 properties do not offer rent subsidies to all of the units, so it is possible a person earning 50% or less of the AMI is placed on a subsidy waiting list, They would have to pay the full rent until their name comes up on the list. Since this property has benefited from the LIHTC program, it is likely to be in better condition and offer more amenities than other Section 515 properties. These properties are almost always owned and managed by private/corporate owners or nonprofits. If you live in a rural area and need help paying your rent, this property may be good for you. Since this property participates in the LIHTC and RD 515 programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Gibbs Manor Amenities

  • Playground
  • On-Site Manager
  • Gazebo
  • Near Bus Line
  • On-Site Maintenance
  • Washer and Dryer Included
  • Picnic Area
  • Outside Storage Closets

Units at Gibbs Manor

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/2) - Call for Price

Income Qualification for Gibbs Manor

*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
50% AMI for LIHTC Units $22,850 / year $26,100 / year $29,350 / year $32,600 / year
50% AMI for PBRA Units $22,850 / year $26,100 / year $29,350 / year $32,600 / year
60% AMI for LIHTC Units $27,420 / year $31,320 / year $35,220 / year $39,120 / year

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

FAQs for Gibbs Manor

Does Gibbs Manor have a waiting list?

Gibbs Manor probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Gibbs Manor?

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.

What property management company manges Gibbs Manor?

Gibbs Manor is managed by HUFF Management Company, Inc. headquartered in Opelika, AL.

In addition to Gibbs Manor, how many other affordable housing properties (and units) are there in Troy?

In addition to Gibbs Manor, we list 14 other affordable properties in Troy. Learn about these properties here. Our data research shows that there are a total of 1072 affordable units in Troy.

When was the Gibbs Manor listing last updated?

Gibbs Manor listing on Affordable Housing Online was last updated on 09/11/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Gibbs Manor

Skyview Apartments

104 Park St, Troy, Alabama 36081

Woodland Hills Apartments

100 Woodland Hills Dr, Troy, Alabama 36081

Amberwood Apartments

115 Segar Lane, Troy, Alabama 36081

Foxcroft Apartments

660 Henderson Dr, Troy, Alabama 36081

Troy Manor Apartments

200 Bruce St, Troy, Alabama 36081

Level Line Apts

500 Level Line Apts, Troy, Alabama 36081

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.