Commons at Imperial Hotel

355 Peachtree St NE, Atlanta, GA 30308

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Colleen Carter, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents Studio Bed 1 Bath -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

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.

Residents are referred by United Way. This attractive apartment community offers 90 units of permanent supportive housing in studio apartment homes for low-income and disabled adults.

 

Dave's Thoughts On Commons at Imperial Hotel

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 Commons at Imperial Hotel 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Commons at Imperial Hotel Amenities

  • Downtown Location
  • On-Site Laundry
  • On-Site Security

Units at Commons at Imperial Hotel

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Rent is Based On Your Income

Income Qualification for Commons at Imperial Hotel

*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 7 people 8 people
30% AMI for PBRA Units $21,500 / year $24,550 / year $27,600 / year $30,650 / year $35,140 / year $40,280 / year $45,420 / year $50,560 / year
50% AMI for LIHTC Units $35,750 / year $40,850 / year $45,950 / year $51,050 / year $55,150 / year $59,250 / year $63,350 / year $67,400 / year
50% AMI for PBRA Units $35,750 / year $40,850 / year $45,950 / year $51,050 / year $55,150 / year $59,250 / year $63,350 / year $67,400 / year
60% AMI for LIHTC Units $42,900 / year $49,020 / year $55,140 / year $61,260 / year $66,180 / year $71,100 / year $76,020 / year $80,880 / year
80% AMI for PBRA Units $57,200 / year $65,350 / year $73,500 / year $81,650 / year $88,200 / year $94,750 / year $101,250 / year $107,800 / year

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

FAQs for Commons at Imperial Hotel

Does Commons at Imperial Hotel have a waiting list?

Commons at Imperial Hotel 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 Commons at Imperial Hotel?

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 Commons at Imperial Hotel?

Commons at Imperial Hotel is managed by National Church Residences headquartered in Columbus , Ohio.

In addition to Commons at Imperial Hotel, how many other affordable housing properties (and units) are there in Atlanta?

In addition to Commons at Imperial Hotel, 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.

When was the Commons at Imperial Hotel listing last updated?

Commons at Imperial Hotel listing on Affordable Housing Online was last updated on 01/02/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.

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Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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