Magnolia Park Apartments

1240 Lawnview Place, Jackson, Mississippi 39203

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 625 $469
2 Bedroom (2/1) 675 $519

Magnolia Park Apartments Details

  • 120 one and two bedroom units.
  • Garden
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Business Center
  • On-Site Manager
  • Laundry Room
  • On-Site Parking

Unit Amenities

  • Air Conditioning

Nearby Amenities

  • Close to Public Transportation
  • Near Highway or Interstate

Office Hours

Day Hours
Monday 9:00am-6:00pm
Tuesday 9:00am-6:00pm
Wednesday 9:00am-6:00pm
Thursday 9:00am-6:00pm
Friday 9:00am-6:00pm
Saturday 10:00am-5:00pm
Sunday 10:00am-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.

Jackson 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 Jackson but actual income limits may differ for units at Magnolia Park Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $26,600 $30,400 $34,200 $38,000 $41,050 $44,100 $47,150 $50,200
Low Income (60%) $31,920 $36,480 $41,040 $45,600 $49,260 $52,920 $56,580 $60,240

Magnolia Park Apartments is managed by Kittle Properties Inc..

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