About This Property
Heritage Apts. Magna is an 80-unit affordable housing community in Magna, Utah that has served residents since 2000. The property includes 76 low-income units with a mix of 24 one-bedroom and 52 two-bedroom floor plans. The community is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Salt Lake County, UT
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,121 |
| 1 Bedroom | $1,338 |
| 2 Bedroom | $1,606 |
| 3 Bedroom | $2,168 |
| 4 Bedroom | $2,452 |
Income Limits - Salt Lake County, UT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,400
- Very Low (50%)
- $32,300
- Low (80%)
- $51,650
- Extremely Low (30%)
- $22,150
- Very Low (50%)
- $36,900
- Low (80%)
- $59,000
- Extremely Low (30%)
- $24,900
- Very Low (50%)
- $41,500
- Low (80%)
- $66,400
- Extremely Low (30%)
- $27,650
- Very Low (50%)
- $46,100
- Low (80%)
- $73,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $49,800
- Low (80%)
- $79,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $53,500
- Low (80%)
- $85,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $57,200
- Low (80%)
- $91,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $60,900
- Low (80%)
- $97,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,400 | $32,300 | $51,650 |
| 2 Persons | $22,150 | $36,900 | $59,000 |
| 3 Persons | $24,900 | $41,500 | $66,400 |
| 4 Persons | $27,650 | $46,100 | $73,750 |
| 5 Persons | $31,040 | $49,800 | $79,650 |
| 6 Persons | $35,580 | $53,500 | $85,550 |
| 7 Persons | $40,120 | $57,200 | $91,450 |
| 8 Persons | $44,660 | $60,900 | $97,350 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Magna, UT?+
The Fair Market Rent (FMR) for Salt Lake County, UT is: $1121 (Studio), $1338 (1BR), $1606 (2BR), $2168 (3BR), $2452 (4BR). Actual rent at subsidized properties like Heritage Apts. Magna is typically 30% of household income or less.
What size apartments are available at Heritage Apts. Magna?+
Heritage Apts. Magna offers the following unit types: 24 One-Bedroom, 52 Two-Bedroom units, for a total of 80 units.
How do I apply for housing at Heritage Apts. Magna?+
Heritage Apts. Magna is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Heritage Apts. Magna?+
Heritage Apts. Magna is managed by . You can reach them at .
What are the income limits for affordable housing in Salt Lake County, UT?+
For a 4-person household in Salt Lake County, UT, the income limits are: Extremely Low Income (30% AMI): $27,650, Very Low Income (50% AMI): $46,100, Low Income (80% AMI): $73,750. These limits are set by HUD and updated annually.
What is the price range for apartments in Magna, UT?+
Based on Fair Market Rent for Salt Lake County, the estimated price range is: 1-bedroom: $1338, 2-bedroom: $1606. Actual rent at Heritage Apts. Magna may be lower for income-eligible households.
Who is eligible to live at Heritage Apts. Magna?+
Heritage Apts. Magna primarily serves Handicapped/ADA. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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