1100 Green Hunter Lane, Gainesville, GA 30501
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2023 by Connor Bailey, Lorena Bentley, Ric Gresia, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $839 - 1,012 per Month† | 1 - 2 Beds | 1 - 2 Baths | 692 - 965 Sq Ft |
Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.
An affordable community for active adults 55+.
Legacy at Walton Summit provides its residents a wide selection of unique one and two bedroom apartment homes that feature useful & beneficial community and household amenities. Stroll through their pet friendly community with your favorite furry companion and enjoy knowing that they have a good home with you at Legacy at Walton Summit. They have in home washer/dryer connections and laundry facilities as well. They want to make your life easy and we have amenities like on-site management and maintenance for your peace of mind. Breathe Easy, this community is smoke-free.
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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the RAD Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since The Legacy at Walton Summit has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a RAD Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom One Bath A1 (1/1) | 692ft2 | $839† |
| Two bedroom Two Bath B2 (2/2) | 948ft2 | Call for Price† |
| Two Bedroom Two Bath B1 (2/2) | 965ft2 | $1,012† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $18,350 / year | $21,000 / year | $24,860 / year | $30,000 / year |
| 50% AMI for LIHTC Units | $30,600 / year | $35,000 / year | $39,350 / year | $43,700 / year |
| 50% AMI for PBRA Units | $30,600 / year | $35,000 / year | $39,350 / year | $43,700 / year |
| 60% AMI for LIHTC Units | $36,720 / year | $42,000 / year | $47,220 / year | $52,440 / year |
| 80% AMI for PBRA Units | $48,950 / year | $55,950 / year | $62,950 / year | $69,900 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Legacy at Walton Summit have a waiting list?
The Legacy at Walton Summit probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at The Legacy at Walton Summit?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges The Legacy at Walton Summit?
The Legacy at Walton Summit is managed by Walton Communities headquartered in Marietta, Georgia.
In addition to The Legacy at Walton Summit, how many other affordable housing properties (and units) are there in Gainesville?
In addition to The Legacy at Walton Summit, we list 60 other affordable properties in Gainesville. Learn about these properties here. Our data research shows that there are a total of 2044 affordable units in Gainesville.
When was the The Legacy at Walton Summit listing last updated?
The Legacy at Walton Summit listing on Affordable Housing Online was last updated on 01/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
1640 Roper Hill Road, Gainesville, Georgia 30501
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