The Reserve at Billingsley Place

3501 Reserve Cir, Montgomery, Alabama 36116

Contact The Reserve at Billingsley Place

The Reserve at Billingsley Place is one of the area’s finest Apartment Home Communities. Conveniently located just off the Taylor Road corridor in the prestigious Billingsley Place development, The Reserve is only moments away from everything East Montgomery has to offer. Amenities include hardwood floors, tall ceilings, a large fitness center, resort style pool, movie theater and a cyber café.

Eligibility for The Reserve at Billingsley Place

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 Montgomery but actual income limits may differ for units at The Reserve at Billingsley Place.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$26,050	$29,800	$33,500	$37,200	$40,200	$43,200	$46,150	$49,150
Low Income (60%)	$31,260	$35,760	$40,200	$44,640	$48,240	$51,840	$55,380	$58,980

The Reserve at Billingsley Place Details

32 bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

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.