Allegre Point's location and amenities make this development a first-rate setting for South DeKalb seniors. Built specifically for seniors, age 62 and older, Allegre Point Senior Residences consists of 67 apartments conveniently loacted five minutes from shopping, pharmacy, restaurants and the South DeKalb Senior Center. Allegre Point Senior Residences are also easily accessible to public transportation. St. Joseph's Health System is supporting health program development for residents and various other community partners team with Mercy Housing's Resident Services staff to bring a variety of social services to Allegre Point's seniors.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Call for Price |
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 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.
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Decatur but actual income limits may differ for units at Allegre Point Senior Residences.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $20,250 | $23,150 | $26,050 | $28,900 | $32,470 | $37,190 | $41,910 | $46,630 |
50% | $33,750 | $38,600 | $43,400 | $48,200 | $52,100 | $55,950 | $59,800 | $63,650 |
80% | $54,000 | $61,700 | $69,400 | $77,100 | $83,300 | $89,450 | $95,650 | $101,800 |
Allegre Point Senior Residences is managed by Mercy Housing.