Greystone LIHTCPB Section 8 Rainbow City, AL

Profile last updated · Data vintage: HUD LIHTC 2024

Greystone is a Low-Income Housing Tax Credit (LIHTC) community in Rainbow City, AL with 36 units. Rents are set relative to household income.

36
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC), Project-Based Section 8
Address2950 Jones St, Rainbow City, AL 35906 Map →
Tax-credit (LI) units36
Placed in service2006

How to apply at Greystone

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 2950 Jones St, Rainbow City; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in Rainbow City

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Forest River Apts LIHTCPB Section 8Gadsden5.6 km
Forest River Apts LIHTCPB Section 8Gadsden5.6 km
Gateway Village Public HousingGadsden5.6 km
Episcopal Kyle Home PB Section 8Gadsden5.6 km
Sally Armstrong Home §811Gadsden5.6 km
Daugette Towers PB Section 8Gadsden5.8 km
Starnes Park Public HousingGadsden6.7 km
Baptist Retirement Village Ii §202 SeniorGadsden6.7 km

← All subsidized housing in Rainbow City

Frequently asked questions

What kind of subsidy does Greystone have?
Low-Income Housing Tax Credit (LIHTC); Project-Based Section 8. LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Greystone?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Greystone?
Contact the management office at 2950 Jones St in Rainbow City. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.