Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

Magnolia Trace Apts

231 Ramey Ln, Waynesboro, MS, 39367

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Magnolia Trace Apartments comprises 60 units in Waynesboro, Mississippi, with 59 designated as low-income housing. The property, placed in service in 2008, offers a mix of one-, two-, and three-bedroom floor plans to serve residents with disabilities. The community is financed through 9% Low-Income Housing Tax Credits and features 10 one-bedroom units, 30 two-bedroom units, and 20 three-bedroom units.

Waitlist Information

Waitlist managed by The Housing Authority of the City of Waynesboro

Public Housing Waitlist
Open
Apply: In-person

Applications are accepted for families and senior/disabled individuals; qualified applicants are placed by the date and time the application is received with no stated preferences.

Last verified February 6, 2026
Section 8 (HCV) Waitlist
Closed

No active waitlist information is currently available for the Section 8 Housing Choice Voucher program.

Last verified March 31, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
60
1 Bedroom
10
2 Bedroom
30
3 Bedroom
20

Fair Market Rent - Wayne County, MS

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$738
1 Bedroom$742
2 Bedroom$903
3 Bedroom$1,092
4 Bedroom$1,219

Income Limits - Wayne County, MS

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$12,880
Very Low (50%)
$19,750
Low (80%)
$31,600
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$22,600
Low (80%)
$36,100
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$25,400
Low (80%)
$40,600
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$28,200
Low (80%)
$45,100
5 Persons
Extremely Low (30%)
$30,500
Very Low (50%)
$30,500
Low (80%)
$48,750
6 Persons
Extremely Low (30%)
$32,750
Very Low (50%)
$32,750
Low (80%)
$52,350
7 Persons
Extremely Low (30%)
$35,000
Very Low (50%)
$35,000
Low (80%)
$55,950
8 Persons
Extremely Low (30%)
$37,250
Very Low (50%)
$37,250
Low (80%)
$59,550

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Tax Credit Program Details

Year Placed in Service
2008
LIHTC Credit Type
9%
Low-Income Units
59 / 60
Target Population
Disabled
Designations
Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Waynesboro, MS?+

The Fair Market Rent (FMR) for Wayne County, MS is: $738 (Studio), $742 (1BR), $903 (2BR), $1092 (3BR), $1219 (4BR). Actual rent at subsidized properties like Magnolia Trace Apts is typically 30% of household income or less.

What size apartments are available at Magnolia Trace Apts?+

Magnolia Trace Apts offers the following unit types: 10 One-Bedroom, 30 Two-Bedroom, 20 Three-Bedroom units, for a total of 60 units.

Who manages Magnolia Trace Apts?+

Magnolia Trace Apts is managed by . You can reach them at . Visit their website for more information.

Who is eligible to live at Magnolia Trace Apts?+

Magnolia Trace Apts primarily serves persons with disabilities. 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 Magnolia Trace Apts?+

Magnolia Trace 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.

What are the income limits for affordable housing in Wayne County, MS?+

For a 4-person household in Wayne County, MS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,200, Low Income (80% AMI): $45,100. These limits are set by HUD and updated annually.

What is the price range for apartments in Waynesboro, MS?+

Based on Fair Market Rent for Wayne County, the estimated price range is: 1-bedroom: $742, 2-bedroom: $903, 3-bedroom: $1092. Actual rent at Magnolia Trace Apts may be lower for income-eligible households.

Is there a waitlist for Magnolia Trace 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.

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Walk Score

Almost All Errands Require a Car

11
Walk
25
Bike

Nearby Schools

PK,KG,1,2,3,4,5,6,7,8,UG
9,10,11,12,UG

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Wayne County, MS

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