Raleigh Annex Apartments

730 Raleigh Dr NE, Magee, Mississippi 39111

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Message Raleigh Annex Apartments

Raleigh Annex Apartments is managed by The Michaels Organization.

Raleigh Annex Apartments is your final destination in the search for affordable rental housing. We have apartments for families, seniors, and those with disabilities. All of uur residents have access to free educational, health, and enrichment programs run by the staff and community at Raleigh Annex. We have created a welcoming environment that you will want to call home!

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 622 Income Based
2 Bedroom (2/1) 728 Income Based
3 Bedroom (3/1) 927 Income Based
4 Bedroom (4/2) 1 Income Based

Eligibility for Raleigh Annex 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 Magee but actual income limits may differ for units at Raleigh Annex 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

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 Magee but actual income limits may differ for units at Raleigh Annex Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $21,800 $24,900 $28,000 $31,100 $33,600 $36,100 $38,600 $41,100

Raleigh Annex Apartments Details

  • 68 one, two, three and four bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 223
  • Section 221 (d) (3)

Property Amenities

  • Community Room
  • Laundry Facilities
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.

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.

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Image of Raleigh Annex Apartments
Image of Raleigh Annex Apartments