Pamela Manor

720 Pamela Dr, Alexander City, Alabama 35010

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Pamela Manor is managed by Olympia Management INC.

Conveniently located in Alexander City, Alabama, Pamela Manor offers spacious apartment homes at an exceptional price for individuals and families. Choose from 1-, 2-, or 3-bedroom floor plans, each equipped with central heat/air, cable hookups and kitchen appliances.

Residents will enjoy the on-site clubhouse, computer center and exercise room, while kids and families alike will enjoy the outdoor playground and picnic area with grills. The complex is close to plenty of shopping and dining options, as well. Water/sewer and garbage removal are included in the rent.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/2) - Call for Price
Three Bedroom (3/2) - Call for Price

Eligibility for Pamela Manor

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Alexander City but actual income limits may differ for units at Pamela Manor.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $23,450 $26,800 $30,150 $33,450 $36,150 $38,850
Low Income (60%) $28,140 $32,160 $36,180 $40,140 $43,380 $46,620

Pamela Manor Details

  • 40 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program

Property Amenities

  • Fitness Center
  • Playground
  • Clubhouse
  • Grilling Area
  • Computer Room
  • Picnic Area

Unit Amenities

  • Cable Ready
  • Water Trash and Sewer Included
  • Central Heat & Air
  • Fully Equipped Kitchen

Nearby Amenities

  • Close to Dining
  • Close to Shopping
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

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