Magnolia Crossing is managed by Standard Enterprises, Inc..
You are going to just love your new lifestyle at Magnolia Crossing. Conveniently located in Alexandria Louisiana, Magnolia Crossing is nestled within a convenient residential neighborhood. Here, you’ll appreciate hard-to-find extras such as washers and dryers and the availability of exterior storage rooms. The central location of Magnolia Crossing is situated close to grocery shopping, retail shops and services, healthcare, scrumptious dining options and exciting entertainment. Additionally, this delightful community is on the bus stop and is convenient to I-49.
Within your spacious 1-, 2-, 3- or 4-bedroom interior, your treated to plenty of natural light from large windows as well as to mini-blinds, refrigerators with icemakers, efficient gas stoves and even built-in microwave ovens. Best of all, the dedicated staff at Magnolia Crossing will help make your days simple and carefree. They look forward to speaking or meeting with you at Magnolia Crossing … welcome home!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 550 | Call for Price |
2 Bedroom (2/1) | 700 | Call for Price |
3 Bedroom (3/1) | 912 | Call for Price |
4 Bedroom (4/1) | 1040 | Call for Price |
Day | Hours |
---|---|
Monday | 8:00am-5:00pm |
Tuesday | 8:00am-5:00pm |
Wednesday | 8:00am-5:00pm |
Thursday | 8:00am-5:00pm |
Friday | 8:00am-5:00pm |
Saturday | Closed |
Sunday | Closed |
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.
Since this property is subsidized in part through the Rental Assistance Demonstration (RAD), some apartments may have Section 8 Project-Based Rental Assistance (PBRA) or Section 8 Project-Based Vouchers (PBV). With either type of subsidy, tenant rent payments are 30% of their adjusted monthly income. Households earning less than 80% of the area median income may qualify for PBRA or PBV reduced rents. Some of these subsidized apartments may be reserved for extremely low-income households earning less than 30% of the area median income. If the apartment has a PBV, the tenant may qualify for a Section 8 Housing Choice Voucher (HCV) after living there at least one year. Some rental units in this property may not have PBRA or PBV subsidies and therefore may have higher rents.