Marabella Estates Phase II

135 Sunset Ave, Canton, Mississippi 39046

Eligibility for Marabella Estates Phase II

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 Canton but actual income limits may differ for units at Marabella Estates Phase II.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $28,000 $32,000 $36,000 $39,950 $43,150 $46,350 $49,550 $52,750
Low Income (60%) $33,600 $38,400 $43,200 $47,940 $51,780 $55,620 $59,460 $63,300

Marabella Estates Phase II Details

  • 45 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
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.

Nearby Low Income Apartment Communities like Marabella Estates Phase II

Cypress Meadows

373 S Canal St
Canton, Mississippi
Rent Assisted
LIHTC
Call For Rent
2-3 BR

Pecan Village

1415 Highway 16 W
Canton, Mississippi
Rent Assisted
Senior
Supportive
LIHTC
S515

Lula B Covington Apartments

1101 Holmes Ave
Canton, Mississippi
Subsidized
Rent Assisted
Senior
Supportive
PBRA
LIHTC
S515

Canton Village Apartments

3rd Ave and Henry St
Canton, Mississippi
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA