
About This Property
Red Oak Ridge offers 42 low-income units in Lincoln, Alabama and has been in service since 2018. The property serves families and is located in Talladega County. For more information about availability and the application process, interested residents can contact the property management office directly.
Property Details
Fair Market Rent - Talladega 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 | $615 |
| 1 Bedroom | $693 |
| 2 Bedroom | $908 |
| 3 Bedroom | $1,264 |
| 4 Bedroom | $1,299 |
Income Limits - Talladega 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 Lincoln, AL?+
The Fair Market Rent (FMR) for Talladega County, AL is: $615 (Studio), $693 (1BR), $908 (2BR), $1264 (3BR), $1299 (4BR). Actual rent at subsidized properties like Red Oak Ridge is typically 30% of household income or less.
What are the income limits for affordable housing in Talladega County, AL?+
For a 4-person household in Talladega 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.
How do I apply for housing at Red Oak Ridge?+
Red Oak Ridge 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 is eligible to live at Red Oak Ridge?+
Red Oak Ridge primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Red Oak Ridge?+
Red Oak Ridge is managed by . You can reach them at . Visit their website for more information.
Contact Information
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