Magnolia Court participates in an affordable housing program. Qualified residents will pay rent based on 30% of adjusted income. Household income & student status limitations apply. 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. Third-party verification will be required of all income, and copies of tax returns and pay stubs may be required. Total household income must be UNDER the following limits based on household size:
- 1 Occupant: $37,140
- 2 Occupants: $42,420
- 3 Occupants: $47,700
- 4 Occupants: $52,980
- 5 Occupants: $57,240
- 6 Occupants: $61,500
To maintain the integrity of the community; credit, rental & public record background checks are conducted on all applicants. Pricing and availability are subject to change | Sq. ft. listed is an approximate value for each unit.
