Lyman Village Apartments

14229 Old Highway 49, Gulfport, Mississippi 39503

Welcome to Lyman Village Apartments, where you can choose from a number of innovatively designed apartment homes. Surrounded by luxurious spaces, sunlight, and wonderful views, you’ll find unlimited possibilities to reflect your lifestyle. Discover the many ways to make Lyman Village Apartments your home.

Lyman Village is a multi-family community that is governed by USDA Rural Development and Mississippi Home Corporation.  Applicants must meet certain guidelines to qualify to reside in the beautiful, income restrictive property.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 732 From $425 To $625
Two Bedroom (2/1) 850 From $490 To $690

Lyman Village Apartments Details

  • 96 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing

Property Amenities

  • Playground
  • On-Site Manager
  • On-Site Maintenance

Unit Amenities

  • Air Conditioning

Office Hours

Day Hours
Monday 1:00pm-5:00pm
Tuesday 1:00pm-5:00pm
Wednesday 1:00pm-5:00pm
Thursday 1:00pm-5:00pm
Friday 1:00pm-5:00pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Gulfport Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Gulfport but actual income limits may differ for units at Lyman Village Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $23,650 $27,000 $30,400 $33,750 $36,450 $39,150 $41,850 $44,550
Low Income (60%) $28,380 $32,400 $36,480 $40,500 $43,740 $46,980 $50,220 $53,460

Lyman Village Apartments is managed by SunStates Management .

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Nearby Low Income Apartment Communities

Lyman Manor Apartments

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Carlow Manor

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