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Bassfield Apartments

67 Barnes Ave, Bassfield, Mississippi 39421

Eligibility for Bassfield Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Bassfield but actual income limits may differ for units at Bassfield Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $14,580 $19,720 $24,860 $30,000 $33,600 $36,100 $38,600 $41,100
50% $21,800 $24,900 $28,000 $31,100 $33,600 $36,100 $38,600 $41,100
80% $34,850 $39,800 $44,800 $49,750 $53,750 $57,750 $61,700 $65,700

Bassfield Apartments Details

  • 24 bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • HOME Investment Partnerships Program
  • Section 515 Rural Rental Housing
Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.

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.