About This Property
This three-unit property in Cayce, SC consists entirely of studio apartments designated as low-income housing. The building has been in service since 1988 and utilizes 9% Low-Income Housing Tax Credit financing. All three units serve the affordable housing market.
Property Details
Fair Market Rent - Lexington County, SC
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,036 |
| 1 Bedroom | $1,110 |
| 2 Bedroom | $1,246 |
| 3 Bedroom | $1,595 |
| 4 Bedroom | $1,917 |
Income Limits - Lexington County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,200
- Very Low (50%)
- $25,250
- Low (80%)
- $40,400
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,850
- Low (80%)
- $46,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,450
- Low (80%)
- $51,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,050
- Low (80%)
- $57,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,950
- Low (80%)
- $62,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,850
- Low (80%)
- $66,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,750
- Low (80%)
- $71,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,600
- Low (80%)
- $76,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,200 | $25,250 | $40,400 |
| 2 Persons | $17,420 | $28,850 | $46,200 |
| 3 Persons | $21,960 | $32,450 | $51,950 |
| 4 Persons | $26,500 | $36,050 | $57,700 |
| 5 Persons | $31,040 | $38,950 | $62,350 |
| 6 Persons | $35,580 | $41,850 | $66,950 |
| 7 Persons | $40,120 | $44,750 | $71,550 |
| 8 Persons | $44,660 | $47,600 | $76,200 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cayce, SC?+
The Fair Market Rent (FMR) for Lexington County, SC is: $1036 (Studio), $1110 (1BR), $1246 (2BR), $1595 (3BR), $1917 (4BR). Actual rent at subsidized properties like 1904-05-08 Lorick Street is typically 30% of household income or less.
What size apartments are available at 1904-05-08 Lorick Street?+
1904-05-08 Lorick Street offers the following unit types: 3 Studio units, for a total of 3 units.
How do I apply for housing at 1904-05-08 Lorick Street?+
1904-05-08 Lorick Street 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 Lexington County, SC?+
For a 4-person household in Lexington County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,050, Low Income (80% AMI): $57,700. These limits are set by HUD and updated annually.
Who manages 1904-05-08 Lorick Street?+
1904-05-08 Lorick Street 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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