4115 South Lee St, Buford, GA 30518
Waiting List Forecast: Open Now
Verified for 2025 by Alissa Ellison, Kari Fredrick, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | 671 - 1,015 Sq Ft |
Our research has confirmed on 01/21/2025 at least one open waiting list for this property. Note that waiting list statuses can change frequently and we can't always verify these changes. Contact the property for more information.
Newly renovated in 2022 (formerly Huntington Court)
MainStreet on the Green opened in 2005 and was the first community we developed with both a traditional stacked building and single-story cottages on the 11-acre site.
In 2021, OneStreet embarked on a complete rehab of the community that included new flooring, lighting, and paint throughout all common areas, upgrades to all of the interior amenity areas, total updating of all residences, and a complete cosmetic update of the exteriors.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests MainStreet on the Green (62+ Active Adult) does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bed One Bath (1/1) | 671ft2 | Call for Price† |
| One Bed One Bath (1/1) | 835ft2 | Call for Price† |
| Two Bedroom Two Bath (2/2) | 1015ft2 | Call for Price† |
| Two Bedroom Two Bath (2/2) | 965ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $35,750 / year | $40,850 / year | $45,950 / year | $51,050 / year |
| 50% AMI for PBRA Units | $35,750 / year | $40,850 / year | $45,950 / year | $51,050 / year |
| 60% AMI for LIHTC Units | $42,900 / year | $49,020 / year | $55,140 / year | $61,260 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does MainStreet on the Green (62+ Active Adult) have a waiting list?
MainStreet on the Green (62+ Active Adult) has a waiting list. See above for waiting list details.
Are rents subsidized at MainStreet on the Green (62+ Active Adult)?
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 MainStreet on the Green (62+ Active Adult)?
MainStreet on the Green (62+ Active Adult) is managed by OneStreet Residental headquartered in Atlanta, GA.
In addition to MainStreet on the Green (62+ Active Adult), how many other affordable housing properties (and units) are there in Buford?
In addition to MainStreet on the Green (62+ Active Adult), we list 43 other affordable properties in Buford. Learn about these properties here. Our data research shows that there are a total of 667 affordable units in Buford.
When was the MainStreet on the Green (62+ Active Adult) listing last updated?
MainStreet on the Green (62+ Active Adult) listing on Affordable Housing Online was last updated on 01/21/2025 by Alissa Ellison. Remember, a property's status can change so you should contact the property to confirm.
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