Cedar Ridge Apartments

215 Cedar Ridge Dr, Guntersville, Alabama 35976

Contact Cedar Ridge Apartments

Cedar Ridge is an affordable housing complex located in Guntersville, Alabama. We offer 1,2 and 3 bedroom units with many unit and propeytry amenities and features.

Unit amenities include high energy appliances including Energy Star range, refrigerator and dishwasher, central heat and air, washer & dryer connections in each unit and window coverings. Property amenities include a community room and covered picnic area.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	From $391 To $395
Two Bedroom (2/1)	-	From $445 To $450
Three Bedroom (3/2.5)	-	From $495 To $500

Eligibility for Cedar Ridge 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 Guntersville but actual income limits may differ for units at Cedar Ridge Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$23,500	$26,850	$30,200	$33,550	$36,250	$38,950
Low Income (60%)	$28,200	$32,220	$36,240	$40,260	$43,500	$46,740

Cedar Ridge Apartments Details

48 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Community Room
24hr Emergency Maintenance
Off-Street Parking
Experienced Management

Unit Amenities

Air Conditioning
Dishwasher
Refrigerator
Water Trash and Sewer Included
Bathroom Grab Bars
Central Heat & Air
Stove
Cable & Internet Ready

Office Hours

Day	Hours
Monday	10:00am-2:00pm
Tuesday	10:00am-2:00pm
Wednesday	10:00am-2:00pm

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.