366 Old Mill Rd., Cartersville, GA 30120
Waiting List Forecast: Likely Short or None
Verified for 2023 by Cherita Thomas, Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $994 - 1,240 per Month† | 2 - 3 Beds | 2 Baths | 1,106 - 1,237 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Discover the unbeatable location of Park at 366 apartments in the heart of Cartersville, GA. Situated in a serene and picturesque setting, this community offers a tranquil escape from the hustle and bustle of the city while still being conveniently close to everything you need. Enjoy easy access to nearby shopping centers, dining options, and entertainment venues, ensuring you're always close to excitement and convenience. Whether you prefer exploring nature at local parks or immersing yourself in cultural experiences, the prime location puts you right in the center of it all.
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 Park at 366 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/2) | 1106ft2 | $994 $1,030† |
| Three Bedroom (3/2) | 1237ft2 | $1,100 $1,240† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $35,750 / year | $40,850 / year | $45,950 / year | $51,050 / year | $55,150 / year | $59,250 / year |
| 50% AMI for PBRA Units | $35,750 / year | $40,850 / year | $45,950 / year | $51,050 / year | $55,150 / year | $59,250 / year |
| 60% AMI for LIHTC Units | $42,900 / year | $49,020 / year | $55,140 / year | $61,260 / year | $66,180 / year | $71,100 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Park at 366 have a waiting list?
Park at 366 probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Park at 366?
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 Park at 366?
Park at 366 is managed by Strategic Management Partners
In addition to Park at 366, how many other affordable housing properties (and units) are there in Cartersville?
In addition to Park at 366, we list 108 other affordable properties in Cartersville. Learn about these properties here. Our data research shows that there are a total of 1303 affordable units in Cartersville.
When was the Park at 366 listing last updated?
Park at 366 listing on Affordable Housing Online was last updated on 07/25/2023 by Cherita Thomas. Remember, a property's status can change so you should contact the property to confirm.
300 East Felton Road, Cartersville, Georgia 30120
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