Blue Lake II LP
459 South Blvd, Drew, MS 38737
Family · 4 1BR, 20 2BR, 4 3BR
Managed by J & A Mgmt
- Units
- 28
- Rental assistance
- 28
- Vacant
- 1
- Accessible
- 2
- Opened
- 1981
Mississippi
18 properties in Sunflower County have USDA Section 515 or 514 financing: 600 apartments across 6 towns. 570 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.
Equal housing opportunity. Properties financed by USDA Rural Development must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin. If you believe you were treated unfairly, you can file a complaint with HUD at 1-800-669-9777 or with USDA at 866-632-9992.
Open Country does not own, manage or rent these properties and does not take applications. Contact each property's management company for availability, rents and eligibility. Listings come from USDA's public data and may be out of date.
459 South Blvd, Drew, MS 38737
Family · 4 1BR, 20 2BR, 4 3BR
Managed by J & A Mgmt
379 South Blvd, Drew, MS 38737
Family · 8 1BR, 24 2BR, 4 3BR
Managed by Intervest Corp
810 Airport RD, Indianola, MS 38751
Family · 8 1BR, 40 2BR
Managed by Ivy Property Management, INC
215 Wiggins RD, Indianola, MS 38751
Family · 20 2BR, 8 3BR, 4 4BR
Managed by Delta Hsg Dev Corp
703 Kinlock RD, Indianola, MS 38751
Family · 16 1BR, 25 2BR
Managed by J & A Mgmt
700 Marie RD, Indianola, MS 38751
Elderly · 33 1BR
Managed by Arbow Management Co INC
2001 Kinlock RD, Indianola, MS 38751
Elderly · 16 1BR, 8 2BR
Managed by Delta Hsg Dev Corp
325 Highway 82 E, Indianola, MS 38751
Family · 12 2BR, 12 3BR, 4 4BR · Section 514 off-farm labor housing
Managed by Delta Hsg Dev Corp
603 Beaverdam RD, Indianola, MS 38751
Family · 8 1BR, 40 2BR
Managed by Southeastern Mgmt Co INC
201 Wiggins RD, Indianola, MS 38751
Family · 8 1BR, 32 2BR, 8 3BR
Managed by Southeastern Mgmt Co INC
1135 Moore St, Inverness, MS 38753
Elderly · 14 1BR, 2 2BR
Managed by Southeastern Mgmt Co INC
1101 Moore St, Inverness, MS 38753
Family · 4 1BR, 16 2BR, 4 3BR
Managed by Southeastern Mgmt Co INC
404 Spruce St, Moorhead, MS 38761
Family · 8 1BR, 32 2BR, 4 3BR
Managed by Southeastern Mgmt Co INC
302 E Head Circle, Ruleville, MS 38771
Family · 12 1BR, 16 2BR, 10 3BR
Managed by Southeastern Mgmt Co INC
649 Connell Ave, Ruleville, MS 38771
Family · 4 1BR, 28 2BR
Managed by J & A Mgmt
412 Robertson Dr, Ruleville, MS 38771
Elderly · 12 1BR, 12 2BR
Managed by Southeastern Mgmt Co INC
110 Stockyard RD, Sunflower, MS 38778
Family · 4 1BR, 20 2BR, 8 3BR
Managed by Cms Management LLC
308 E. Quiver St, Sunflower, MS 38778
Elderly · 20 1BR, 4 2BR
Managed by J & A Mgmt
Source: USDA Rural Development, Section 515/514 active properties file (data as of October 19, 2026). Vacancies are as USDA last recorded them, not live availability.
USDA-financed apartments are for very low, low and moderate income households (7 CFR 3560.152), and elderly and congregate properties also require a household that meets USDA's definition of elderly. In a unit with USDA rental assistance, the tenant pays the highest of 30% of monthly adjusted income, 10% of gross monthly income or a welfare shelter allowance, and the assistance covers the rest of the rent (7 CFR 3560.203). Each property's manager checks income against USDA's limits for the area when you apply and can tell you whether a unit with rental assistance is open.
Ownership: 2 nonprofit, 16 limited-profit. 9 also have housing tax credits. 5 serve elderly tenants. USDA's file shows use restrictions on 1 property here ending by 2031. Owners of aging 515 properties can use a Section 538 guaranteed loan to finance a transfer and rehab, at USDA's lower 60 and 25 basis point preservation fees. How 515 transfers work with 538.
Every property in one file: 515/514 portfolio download (CSV and JSON).