Silvertree Atlanta

359 W Lake Ave NW, Atlanta, Georgia 30318

Silvertree Seniors Atlanta Apartments is a 97-unit high-rise apartment community in Atlanta, GA – a short drive West of Downtown in Grove Park. This particular community finds itself at the heart of a resurgence in development all around the Grove Park area, with a number of exciting residential and commercial renovations taking place just around the corner. The property has an Elderly designation with HUD and we pride ourselves on our ability to provide seniors with an affordable, safe, and comfortable living environment in the Atlanta area.

We have several floor plans at Silvertree Atlanta, consisting of spacious studio and one-bedroom homes. Residents will enjoy socializing with one another in the community room and adjacent lobby, or – if eager for a quiet setting – relaxing by the fountain along our wooded lot. We have a gated community, as well as private and secure off-street parking for the comfort and safety of our residents.

Silvertree Seniors Atlanta offers all its residents’ excellent accommodations, a professional on site staff, 24-hour emergency maintenance response and a great place to call home.

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Units

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Call for Price
One Bedroom (1/1) - Call for Price

Silvertree Atlanta Details

  • 98 studio and one bedroom units.
  • Section 202 Supportive Housing for the Elderly

Property Amenities

  • 24hr Emergency Maintenance
  • Off-Street Parking
  • Resident Service Coordinator
  • Community Media Center
  • Resident Lounge
  • On-Site Laundry

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

Atlanta HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Atlanta but actual income limits may differ for units at Silvertree Atlanta.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $20,250 $23,150 $26,050 $28,900 $32,470 $37,190 $41,910 $46,630
50% $33,750 $38,600 $43,400 $48,200 $52,100 $55,950 $59,800 $63,650
80% $54,000 $61,700 $69,400 $77,100 $83,300 $89,450 $95,650 $101,800

Silvertree Atlanta is managed by Silver Tree Residential, LLC.

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