Havenwood Springs

525 Don Cutler SR Dr, Albany, Georgia 31705

Havenwood Springs is a recently redeveloped affordable housing community offering three bedroom units.

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Units

Unit (Bd/Ba) Ft2 Rent
Three Bedroom (3/2) - From $630

Havenwood Springs Details

  • 153 three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Playground
  • Community Room
  • Business Center
  • 24hr Emergency Maintenance
  • Grilling Area
  • Walking Trails
  • Community Garden
  • Barber Shop and Beauty Salon
  • Swimming pool

Unit Amenities

  • Ceiling Fan(s)
  • Fully Equipped Kitchen
  • Full-Size Washer & Dryer Connections

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.

Albany 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 Albany but actual income limits may differ for units at Havenwood Springs.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $21,850 $24,950 $28,050 $31,150 $33,650 $36,150 $38,650 $41,150
Low Income (60%) $26,220 $29,940 $33,660 $37,380 $40,380 $43,380 $46,380 $49,380

Havenwood Springs is managed by Fairway Management, Inc..

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