Colonial Square

2637 Old Hapeville Rd SW, Atlanta, GA 30315

Waiting List Forecast: Likely Short or None

check_circleVerified for 2021 by Lorena Bentley, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	2 - 3 Beds	1.5 - 2.5 Baths	950 - 1,032 Sq Ft

Call (404) 767-1894

Waitlist Forecast

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.

Colonial Square Apartments offers huge 2 & 3 bedroom townhomes in Atlanta, GA. Your new apartment home features a gourmet kitchen with a dishwasher, washer & dryer connections, large walk in closets and ceiling fans. We give you everything you need to make your life easier.

managed by Provence Real Estate

Dave's Thoughts On Colonial Square

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Colonial Square does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Colonial Square Amenities

Playground
On-Site Manager
Pool
Gated Community
Ceiling Fan(s)
Dishwasher
Washer and Dryer Hookup
Cable Ready
Walk-in Closet(s)
Water Trash and Sewer Included
Central Heat & Air
Fully Equipped Kitchen
Private Patios
High Speed Internet Access
Picnic Area
Courtesy Patrol
On-Site Laundry

Units at Colonial Square

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom (2/1.5)	950ft²	Call for Price^†
Three Bedroom (3/2.5)	1032ft²	Call for Price^†

Income Qualification for Colonial Square

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people
50% AMI for LIHTC Units	$35,750 / year	$40,850 / year	$45,950 / year	$51,050 / year	$55,150 / year	$59,250 / year
50% AMI for PBRA Units	$35,750 / year	$40,850 / year	$45,950 / year	$51,050 / year	$55,150 / year	$59,250 / year
60% AMI for LIHTC Units	$42,900 / year	$49,020 / year	$55,140 / year	$61,260 / year	$66,180 / year	$71,100 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Colonial Square

Does Colonial Square have a waiting list?

Colonial Square 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 Colonial Square?

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.

In addition to Colonial Square, how many other affordable housing properties (and units) are there in Atlanta?

In addition to Colonial Square, we list 627 other affordable properties in Atlanta. Learn about these properties here. Our data research shows that there are a total of 32705 affordable units in Atlanta.