Magnolia Cove Apartments
408 West St, Holly Springs, Mississippi 38635
Magnolia Cove Apartments is a peaceful community that offers a family friendly environment with covered porches, senior meal delivery, lawn care, and a playground. This community offers 1 bedroom apartments.
Units
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Income Based |
Magnolia Cove Apartments Details
- 40 one bedroom units.
- Section 8 Project-Based Rental Assistance
- Section 515 Rural Rental Housing
Property Amenities
- Off-Street Parking
- Emergency Pull Cord
- Experienced Management
- Peaceful Community
- Lawn Care
- After Hours Call Service
- Senior Meal Delivery
- Pest Control
Unit Amenities
- Refrigerator
- Central Heat & Air
- Stove
Nearby Amenities
- Near Shopping
Office Hours
| Day | Hours |
|---|---|
| Tuesday | 11:30am-3:00pm |
| Thursday | 11:30am-3:00pm |
Section 8 Project-Based Rental Assistance
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
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.
Holly Springs HUD Rental Assistance Income Qualifications
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Holly Springs but actual income limits may differ for units at Magnolia Cove Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $13,590 | $18,310 | $23,030 | $27,750 | $31,800 | $34,150 | $36,500 | $38,850 |
| 50% | $20,600 | $23,550 | $26,500 | $29,400 | $31,800 | $34,150 | $36,500 | $38,850 |
| 80% | $32,950 | $37,650 | $42,350 | $47,050 | $50,850 | $54,600 | $58,350 | $62,150 |
Magnolia Cove Apartments is managed by CMS Management LLC.
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