Legacy at Walton Oaks, located at 602 Fairhope Street in Augusta, has one and two bedroom apartments. Legacy at Walton Oaks participates in the Low-Income Housing Tax Credit (LIHTC) program.
|1 Bedroom (1/1)||-||Income Based|
|2 Bedroom (2/2)||-||Income Based|
Legacy at Walton Oaks is located at 602 Fairhope Street Augusta, GA and is managed by Walton Communities, a reputable property management company with verified listings on RENTCafe. Legacy at Walton Oaks offers 1 to 2 bedroom apartments ranging in size from 750 to 1516 sq.ft. Amenities include BBQ/Picnic Area, Clubhouse, Controlled Access/Gated, Elevator, Extra Storage and more. Property is located in the 30901 ZIP code. For more details, contact our office at (706) 504-0263 or use the online contact form and we will get back to you as soon as possible.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Augusta but actual income limits may differ for units at Legacy at Walton Oaks.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$22,000||$25,150||$28,300||$31,400||$33,950||$36,450||$38,950||$41,450|
|Low Income (60%)||$26,400||$30,180||$33,960||$37,680||$40,740||$43,740||$46,740||$49,740|
Legacy at Walton Oaks was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.
Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.
Legacy at Walton Oaks is managed by Walton Communities.