About This Property
The Veranda Apts is a 42-unit affordable housing community in Troy, AL that serves elderly and disabled residents. The property includes 20 one-bedroom and 22 two-bedroom units and has been in service since 2005. Funding for this low-income housing development comes through HOME program assistance and 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by South Central Alabama Regional Housing Authority
Accepting applications for 1-bedroom apartments at Springhill Location and 3-bedroom apartments at Dozier Apartments; no documents are required for the initial pre-application.
Eligibility is based on income, family size, citizenship, and background checks; no documents are required for the initial pre-application.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Pike 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 | $825 |
| 1 Bedroom | $839 |
| 2 Bedroom | $1,102 |
| 3 Bedroom | $1,332 |
| 4 Bedroom | $1,468 |
Income Limits - Pike 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 Troy, AL?+
The Fair Market Rent (FMR) for Pike County, AL is: $825 (Studio), $839 (1BR), $1102 (2BR), $1332 (3BR), $1468 (4BR). Actual rent at subsidized properties like The Veranda Apts is typically 30% of household income or less.
What size apartments are available at The Veranda Apts?+
The Veranda Apts offers the following unit types: 20 One-Bedroom, 22 Two-Bedroom units, for a total of 42 units.
What is the price range for apartments in Troy, AL?+
Based on Fair Market Rent for Pike County, the estimated price range is: 1-bedroom: $839, 2-bedroom: $1102. Actual rent at The Veranda Apts may be lower for income-eligible households.
Is there a waitlist for The Veranda Apts?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What are the income limits for affordable housing in Pike County, AL?+
For a 4-person household in Pike 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 is eligible to live at The Veranda Apts?+
The Veranda Apts primarily serves elderly residents, persons with disabilities, UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at The Veranda Apts?+
The Veranda 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.
Who manages The Veranda Apts?+
The Veranda Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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