Village at Rock Springs

200 Rock Springs E, Moody, Alabama 35004

Contact Village at Rock Springs

Village at Rock Springs offers 2-bedroom apartment homes for individuals 55 and older. Each unit features energy star appliances, laminate wood plank flooring and private rear verandas. Community amenities include a clubhouse with a large gathering area, fitness center, computer center, gazebo, and a large picnic pavilion on the other. Located off Joey Adkins Road the community offers convenience with shopping and services only minutes away.

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

Eligibility for Village at Rock Springs

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 Moody but actual income limits may differ for units at Village at Rock Springs.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$31,450	$35,950	$40,450	$44,900
Low Income (60%)	$37,740	$43,140	$48,540	$53,880

Village at Rock Springs Details

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

Property Amenities

Clubhouse
Covered Parking
Gazebo
On-Site Parking
Energy Star Appliances
Computer Room
Picnic Area
Community Kitchen

Unit Amenities

Private Porch
Faux Wood Floors

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.