Riverwood Apartments

36 W Dogwood Ln #141, Blue Ridge, Georgia 30513

Riverwood Apartments is a 40-unit property located in scenic Blue Ridge, Georgia. It is conveniently located within a short drive to downtown Blue Ridge, local shops, grocery stores, and businesses!

Units

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

Riverwood Apartments Details

• 40 one bedroom units.
• Supportive Housing for Elderly/Disabled
• Section 515 Rural Rental Housing

Supportive Housing for Elderly/Disabled

Since this property was built or renovated using funding from HUD's Section 202 or 811 programs, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member either disabled or 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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Riverwood Apartments is managed by Investors Management Company.