Miranda Villas

100 Miranda Ln, Sylacauga, Alabama 35150

Contact Miranda Villas

Located in a quiet country setting in Sylacauga, Alabama Miranda Villas I offers spacious 1-, 2-, and 3-bedroom floor plans for individuals and families alike. Each apartment is pre-wired for cable and features central heat/air, washer/dryer hookups, range, disposal, dishwasher, microwave and refrigerator with ice maker.

Residents also enjoy the on-site clubhouse with community room, computer center, laundry and fitness facilities, as well as an outdoor playground and picnic area with grills and a gazebo. Water/sewer and garbage removal are included in the rent.

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

Eligibility for Miranda Villas

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 Sylacauga but actual income limits may differ for units at Miranda Villas.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$22,850	$26,100	$29,350	$32,600	$35,250	$37,850
Low Income (60%)	$27,420	$31,320	$35,220	$39,120	$42,300	$45,420

Miranda Villas Details

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

Property Amenities

Fitness Center
Playground
Community Room
Clubhouse
Laundry Room
Gazebo
Grilling Area
Computer Room
Picnic Area

Unit Amenities

Garbage Disposal
Microwave
Washer and Dryer Hookup
Cable Ready
Refrigerator
Oven and Range
Water Trash and Sewer Included
Central Heat & Air

Office Hours

Day	Hours
Monday	8:00am-3:00pm
Tuesday	8:00am-3:00pm
Wednesday	8:00am-3:00pm
Thursday	8:00am-3:00pm
Friday	8:00am-3:00pm

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.