About This Property
Cottonwood Estates offers 48 low-income units in Jackson, Alabama, serving families and disabled residents. The community includes 40 two-bedroom and 8 three-bedroom units and has been in service since 2009 under the 9% Low-Income Housing Tax Credit program.
Property Details
Fair Market Rent - Clarke County, AL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $642 |
| 1 Bedroom | $666 |
| 2 Bedroom | $857 |
| 3 Bedroom | $1,200 |
| 4 Bedroom | $1,454 |
Income Limits - Clarke County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,300
- Low (80%)
- $30,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,050
- Low (80%)
- $35,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,800
- Low (80%)
- $39,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,550
- Low (80%)
- $44,100
- Extremely Low (30%)
- $29,800
- Very Low (50%)
- $29,800
- Low (80%)
- $47,650
- Extremely Low (30%)
- $32,000
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $34,200
- Very Low (50%)
- $34,200
- Low (80%)
- $54,700
- Extremely Low (30%)
- $36,400
- Very Low (50%)
- $36,400
- Low (80%)
- $58,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,300 | $30,900 |
| 2 Persons | $17,420 | $22,050 | $35,300 |
| 3 Persons | $21,960 | $24,800 | $39,700 |
| 4 Persons | $26,500 | $27,550 | $44,100 |
| 5 Persons | $29,800 | $29,800 | $47,650 |
| 6 Persons | $32,000 | $32,000 | $51,200 |
| 7 Persons | $34,200 | $34,200 | $54,700 |
| 8 Persons | $36,400 | $36,400 | $58,250 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Jackson, AL?+
The Fair Market Rent (FMR) for Clarke County, AL is: $642 (Studio), $666 (1BR), $857 (2BR), $1200 (3BR), $1454 (4BR). Actual rent at subsidized properties like Cottonwood Estates is typically 30% of household income or less.
What size apartments are available at Cottonwood Estates?+
Cottonwood Estates offers the following unit types: 40 Two-Bedroom, 8 Three-Bedroom units, for a total of 48 units.
Who is eligible to live at Cottonwood Estates?+
Cottonwood Estates primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Clarke County, AL?+
For a 4-person household in Clarke County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,550, Low Income (80% AMI): $44,100. These limits are set by HUD and updated annually.
Who manages Cottonwood Estates?+
Cottonwood Estates is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Cottonwood Estates?+
Cottonwood Estates is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Jackson, AL?+
Based on Fair Market Rent for Clarke County, the estimated price range is: 2-bedroom: $857, 3-bedroom: $1200. Actual rent at Cottonwood Estates may be lower for income-eligible households.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.