Magnolia Pointe participates in an affordable housing program. Rent at a Low Income Housing Tax Credit Program property has a rent advantage to the resident compared to other neighboring communities. Rental rates are a specific percentage below the area median income (AMI). To accommodate different household income levels, we offer 60% AMI homes and 80% AMI homes, which have different income requirements and are detailed below. This variety allows for more households to be eligible to call Magnolia Pointe home!

Before applying for an available floor plan, review the income limits to determine if you are eligible for a 60% AMI or 80% AMI home.

60% AMI HOMES

*Rental rates that are 60% of the Average Median Income. More information on Tax Credit/Affordable housing here.

Occupants

1 Occupant

2 Occupants

3 Occupants

4 Occupants

5 Occupants

6 Occupants

Max. Income

$62,640

$71,580

$80,520

$89,460

$96,660

$103,800

80% AMI HOMES

*Rental rates that are 80% of the Average Median Income. More information on Tax Credit/Affordable housing here.

Occupants

1 Occupant

2 Occupants

3 Occupants

4 Occupants

5 Occupants

6 Occupants

Max. Income

$71,200

$81,400

$91,550

$101,700

$109,850

$118,000

The household income is based on GROSS annual income (before any deductions) earned from all sources including; wages, social security payments, public assistance, pensions, annuities, interest income, dividends, stocks, bonds, insurance settlements, recurring gifts from family/friends, lottery winnings, etc. The property has a minimum household income requirement of 2.5 times the monthly rent amount to qualify. Third-party verification will be required of all income and copies of tax returns and pay stubs may be required.

2B - 60%

2 Bedrooms | 2 Bathrooms

2 Bedrooms

2 Bathrooms

Up to 1,128 Sq. Ft.

Pet Friendly

Features & Amenities

Fully equipped kitchen
Full-size washer and dryer connections
Walk-in closets
Ceiling fans
9' ceilings
Patio or balcony

Starting at $1,455.00

10 Apartments Available

Have a question?

How can we help you?

* indicates required fields.

First Name*

Last Name*

Email Address*

Phone Number*

Yes, I'd be happy to receive text messages!

Add a message

Error: Please verify you are not a robot.

This site is protected by reCAPTCHA. Google Privacy Policy and Terms of Service apply.

Floor Plan eBrochure

Prices and special offers valid for new residents only. Pricing and availability subject to change at any time.

2B - 60%

60% AMI HOMES

80% AMI HOMES

2B - 60%

2B - 60%

Features & Amenities

Apartment: # 05-1302

Apartment: # 04-1404

Apartment: # 05-1332

Apartment: # 09-1027

Apartment: # 03-1504

Apartment: # 09-1007

Apartment: # 03-1522

Apartment: # 05-1301

Apartment: # 05-1322

Apartment: # 02-308

Starting at $1,455.00

Have a question?

How can we help you?

Contact Us

Call Us

Schedule A Tour