"Welcome to The Retreat at Madison Place! Designed exclusively for adults 55 and better, we are a beautiful active adult community located in Decatur, Georgia. Ideally situated near I-285 and Covington Highway, we’re just minutes from shopping, dining, and entertainment. You can fill your day with plenty of fun! Built to be equally beautiful and functional, our floor plans offer spacious layouts and disability access in select homes. Choose a one or two bedroom floor plan that fits your needs perfectly."
|One Bedroom (1/1)||701||$838|
|Two Bedrooms (2/2)||971||$971|
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Decatur but actual income limits may differ for units at The Retreat At Madison Place.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$33,750||$38,600||$43,400||$48,200||$52,100||$55,950||$59,800||$63,650|
|Low Income (60%)||$40,500||$46,320||$52,080||$57,840||$62,520||$67,140||$71,760||$76,380|
The Retreat At Madison Place is managed by HSI Management, Inc.