1124 Wylie St SE, Atlanta, GA 30316
Waiting List Forecast: Likely Short or None
Verified for 2018 by Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 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.
Located in the historic Reynoldstown neighborhood of Atlanta, Reynoldstown Commons is comprised of 32 affordable apartments for families. This property is conveniently located to downtown, MARTA, Edgewood Shopping district and the Atlanta Beltline, which makes an ideal location. Call the friendly management staff to find the perfect new apartment home for you.
Because Reynoldstown Commons 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 |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price† |
| 3 Bedroom (3/1) | - | Call for Price† |
| 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.
Does Reynoldstown Commons have a waiting list?
Reynoldstown Commons 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 Reynoldstown Commons?
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 Reynoldstown Commons?
Reynoldstown Commons is managed by Mercy Housing headquartered in Denver, Colorado.
In addition to Reynoldstown Commons, how many other affordable housing properties (and units) are there in Atlanta?
In addition to Reynoldstown Commons, 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.
49 Boulevard SE, Atlanta, Georgia 30312
240 Amal Dr, Atlanta, Georgia 30315
490 Glenn Street SW, Atlanta, Georgia 30312
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