About Veranda at Auburn Pointe ( Grady II )

Veranda at Auburn Pointe ( Grady II ) is a 150 unit affordable housing community in Atlanta, Georgia. The community is located in the 5th Congressional District of Georgia. Veranda at Auburn Pointe ( Grady II ) participates in the Low Income Housing Tax Credit, and Public Housing programs.

Veranda at Auburn Pointe ( Grady II ) is owned and managed by the Atlanta Housing Authority.

Atlanta Housing Authority Public Housing Waiting List Status:

Low Income Housing Tax Credit

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, monthly rent cannot exceed the Tax Credit maximum rent for the area. Households earning less than 60% of the area median income qualify for units with reduced rent. Some rental units in this property may not be subject to LIHTC, not have income limits and therefore may be set at levels higher than the LIHTC limits below.

Low Income Housing Tax Credit Income Limits

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $23,650 $27,000 $30,400 $33,750 $36,450 $39,150 $41,850 $44,550
60% $28,380 $32,400 $36,480 $40,500 $43,740 $46,980 $50,220 $53,460

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.