Welcome to Magnolia Terrace Apartments. We're an affordable Fort Valley, GA apartment community offering 1, 2 and 3 bedroom apartment homes. We are conveniently located near downtown, I-75, shopping, dining, parks, and only 30 minutes from Macon. Our affordable housing community offers residents many amenities including exceptional customer service, children's playground, BBQ Grills, on-site laundry facility and more. Call or stop by to reserve your next Fort Valley apartment home today!
|One Bedroom (1/1)||750||From $293 To $560|
|Two Bedroom (2/2)||1000||From $550 To $650|
|Three Bedroom (3/2)||1200||From $635 To $775|
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 Fort Valley but actual income limits may differ for units at Magnolia Terrace I & II.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$22,200||$25,350||$28,500||$31,650||$34,200||$36,750||$39,250||$41,800|
|Low Income (60%)||$26,640||$30,420||$34,200||$37,980||$41,040||$44,100||$47,100||$50,160|