Cottonwood Apartments

209 Southwind Dr, Athens, Alabama 35611

At Cottonwood Apartments, find a great place to live. The leasing team will assist you in finding your new apartment. Come by to check out the current floorplan options. At this community, you'll have top amenities and features available to you. Some of these include: rentable storage units, a clubhouse, and convenient on-site parking options. Contact us or drop by the leasing office to check the current floorplan availability and find your new home at Cottonwood Apartments.

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 750 Call for Price
Two Bedrooms (2/1) 825 Call for Price
Three Bedrooms (3/2) 1074 Call for Price

Cottonwood Apartments Details

  • 48 1, 2 and 3 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Clubhouse
  • Pool
  • Laundry Facilities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Storage

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.

Athens Low-Income Housing Tax Credit Income Limits

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 Athens but actual income limits may differ for units at Cottonwood Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $32,450 $37,100 $41,750 $46,350 $50,100 $53,800 $57,500 $61,200
Low Income (60%) $38,940 $44,520 $50,100 $55,620 $60,120 $64,560 $69,000 $73,440

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