1313 14th St, Columbus, GA 31901
Waiting List Forecast: Likely Short or None
Verified for 2022 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
Property Type: HUD Assisted
Number of units: 100
Established in 1965, Nicholson Terrace is a 100 unit newly renovated high rise. This property has a fantastic view of the city. Its shady and peaceful tree lined campus conveniently located in the heart of historic Midtown Columbus. These cable ready studio-style units include water, central heat and air, refrigerators, stoves, utilities, and resident parking available.
Nicholson Terrace gives its residents peace of mind with its secure access with resident issued entry cards and security cameras. We have an on-site office staff and our friendly maintenance staff is there to help you! The complex has several amenities including a laundry room, day room, a private library and a dining facility that can be reserved for meetings, gatherings and recreational activities.
The Resident Opportunities for Self-Sufficiency (ROSS) program is an excellent resource for our Nicholson Terrace residents. ROSS offers exercise programs, health fairs, educational programs, shopping excursions and much more. Nicholson Terrace also has an established Resident Council and Task Force meetings for community security.
Shopping, restaurants, banks and a senior center are all located within close proximity to Nicholson Terrace. And, it is only a short walk to Weracoba Park at Lakebottom and various medical facilities.
These affordable apartments are designed for occupancy by our senior and disabled families to give them a quality and enjoyable living experience.
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 Nicholson Terrace 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
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $15,050 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $44,350 / year | $47,200 / year |
| 50% AMI for LIHTC Units | $25,050 / year | $28,600 / year | $32,200 / year | $35,750 / year | $38,650 / year | $41,500 / year | $44,350 / year | $47,200 / year |
| 50% AMI for PBRA Units | $25,050 / year | $28,600 / year | $32,200 / year | $35,750 / year | $38,650 / year | $41,500 / year | $44,350 / year | $47,200 / year |
| 60% AMI for LIHTC Units | $30,060 / year | $34,320 / year | $38,640 / year | $42,900 / year | $46,380 / year | $49,800 / year | $53,220 / year | $56,640 / year |
| 80% AMI for PBRA Units | $40,050 / year | $45,800 / year | $51,500 / year | $57,200 / year | $61,800 / year | $66,400 / year | $70,950 / year | $75,550 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Nicholson Terrace have a waiting list?
Nicholson Terrace 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 Nicholson Terrace?
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.
In addition to Nicholson Terrace, how many other affordable housing properties (and units) are there in Columbus?
In addition to Nicholson Terrace, we list 51 other affordable properties in Columbus. Learn about these properties here. Our data research shows that there are a total of 5356 affordable units in Columbus.
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