About This Property
Redwood Apts comprises 10 low-income units in Russellville, AL, with a mix of nine one-bedroom and one two-bedroom floor plans that serve families. The property was placed in service in 1997 and operates under 4% Low-Income Housing Tax Credit financing. Property management contact information is available upon request.
Waitlist Information
Waitlist managed by Russellville Housing Authority
The waiting list is open until further notice, and applicants are placed on the list by the date and time their application is received, with no stated preferences. The head of household must be at least 19 years old or a legally emancipated minor.
The HCV waiting list is currently closed, and no specific preferences are mentioned for this program.
Waitlist data provided by section8waitlist.org
Updated November 4, 2026
Property Details
Fair Market Rent - Franklin 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 | $763 |
| 2 Bedroom | $857 |
| 3 Bedroom | $1,042 |
| 4 Bedroom | $1,321 |
Income Limits - Franklin 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Russellville, AL?+
The Fair Market Rent (FMR) for Franklin County, AL is: $642 (Studio), $763 (1BR), $857 (2BR), $1042 (3BR), $1321 (4BR). Actual rent at subsidized properties like Redwood Apts is typically 30% of household income or less.
What size apartments are available at Redwood Apts?+
Redwood Apts offers the following unit types: 9 One-Bedroom, 1 Two-Bedroom units, for a total of 10 units.
Who is eligible to live at Redwood Apts?+
Redwood Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Redwood Apts?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Redwood Apts?+
Redwood Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Franklin County, AL?+
For a 4-person household in Franklin 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.
What is the price range for apartments in Russellville, AL?+
Based on Fair Market Rent for Franklin County, the estimated price range is: 1-bedroom: $763, 2-bedroom: $857. Actual rent at Redwood Apts may be lower for income-eligible households.
How do I apply for housing at Redwood Apts?+
Redwood Apts 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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