1445 Brown St, Boaz, AL 35957
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Savannah Garden Apartments in Boaz, Alabama offers quality, comfort, and convenience for senior adults 55 and over. Each of the 1- and 2-bedroom apartments are designed for energy efficiency and offers Internet access, cable TV hook-ups, central heat and air, wall to wall carpet, electric range and refrigerator.
The landscaped grounds include a community clubhouse with kitchen, computer center, library and exercise room, with community events scheduled year-round. The complex is also convenient to plenty of nearby shopping, restaurants and medical services. Water/sewer and garbage removal are included in the rent.
Because Savannah Gardens participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $23,000 / year | $26,300 / year | $29,600 / year | $32,850 / year |
| 50% AMI for PBRA Units | $23,000 / year | $26,300 / year | $29,600 / year | $32,850 / year |
| 60% AMI for LIHTC Units | $27,600 / year | $31,560 / year | $35,520 / year | $39,420 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Savannah Gardens have a waiting list?
Savannah Gardens probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Savannah Gardens?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Savannah Gardens?
Savannah Gardens is managed by Olympia Management INC headquartered in Albertville, AL.
In addition to Savannah Gardens, how many other affordable housing properties (and units) are there in Boaz?
In addition to Savannah Gardens, we list 7 other affordable properties in Boaz. Learn about these properties here. Our data research shows that there are a total of 455 affordable units in Boaz.
When was the Savannah Gardens listing last updated?
Savannah Gardens listing on Affordable Housing Online was last updated on 03/05/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
9544 AL Highway 168, Boaz, Alabama 35957
642 Coosa Rd, Boaz, Alabama 35956
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