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.
|One Bedroom (1/1)||750||Call for Price|
|Two Bedrooms (2/1)||825||Call for Price|
|Three Bedrooms (3/2)||1074||Call for Price|
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.
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|