Appaloosa Run Apartments

125 Appaloosa Run Dr, Andalusia, Alabama 36421

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Appaloosa Run Apartments is managed by Olympia Management INC.

Appaloosa Run is brand new, a 56-unit multi-family apartment complex in Andalusia, Alabama. offering 2- and 3-bedroom floorplans. The complex is situated on approximately six and a half acres located on Shreve Road near the intersection of Hwy 84 in Andalusia.

Appaloosa Run has a spacious Community Building with a computer center and activity center available at no charge to residents. In addition, the community has a number of other amenities Tenants can enjoy outdoor areas such as a covered picnic pavilion, BBQ facilities, a laundry facility, mail center, playground and outdoor fitness activity.

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1) 1030 Call for Price
Three Bedroom (3/2) 1214 Call for Price

Eligibility for Appaloosa Run Apartments

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 Andalusia but actual income limits may differ for units at Appaloosa Run Apartments.

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

Appaloosa Run Apartments Details

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

Property Amenities

  • Fitness Center
  • Playground
  • BBQ and Picnic Area
  • Community Room
  • Clubhouse
  • Laundry Room
  • Computer Room
  • Laundry Facility
  • Resident Activities
  • On-Site Laundry

Unit Amenities

  • Ceiling Fan(s)
  • Dishwasher
  • Microwave
  • Storage
  • Refrigerator
  • Electric Range
  • Full-Size Washer & Dryer Connections

Nearby Amenities

  • Near Library
  • Near Shopping

Office Hours

Day Hours
Monday 8:00am-5:00pm
Tuesday 8:00am-5:00pm
Wednesday 8:00am-5:00pm
Thursday 8:00am-5:00pm
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.

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.

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