6800 Parkview Trail, Lithonia, GA 30058
Waiting List Forecast: Open Until Further Notice
Verified for 2023 by Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 Bath | - |
Terraces at Parkview, Candler Forrest and Hills at Fairington Waiting List
The Housing Authority of DeKalb County (HADC) Family Section 8 Project-Based Voucher waiting list for apartments at Terraces at Parkview, Candler Forrest and Hills at Fairington is currently open.
The HADC is accepting applications for this waiting list from November 22, 2021 at 8:00 am ET, until further notice.
Please note: According to the HADC, "To be eligible, all members of your household must be 55 years of age or older."
To apply during the opening period, complete the online application.
This waiting list has the following preferences:
Selected applicants will be placed on the waiting list by date and time the application is received, weighed by order of preferences.
For more information, visit the HADC website.
Sources: This information was verified by the HADC on November 22, 2021.
Go to the public housing authority page for this waiting list >>
Lithonia Housing Authority partnered with Mercy Housing Southeast to turn the 46-unit Park Drive Apartments into Terraces at Parkview, a 90-unit multifamily property featuring one-, two- and threebedroom apartments and townhomes. To accommodate the additional units, the City of Lithonia leased a contiguous parcel of land to the development. The Lithonia Housing Authority valued the quality of services offered by Mercy Housing Southeast and knew the collaboration would be successful for the DeKalb County community.
Financing for the Terraces at Parkview included conventional debt and Low Income Housing Tax Credit Equity from SunTrust Bank and Sun Trust CDC. It also included a HOME Loan from the Georgia Department of Community Affairs. The property features a fitness center, children’s activity room, an outdoor gazebo, a playground, a computer lab and free internet. Residents also have access to on-site Resident Services provided by Mercy Housing Southeast.
Because The Terraces at Parkview participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price† |
| 2 Bedroom (2/1) | - | Call for Price† |
| 3 Bedroom (3/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $21,500 / year | $24,550 / year | $27,600 / year | $30,650 / year | $35,140 / year | $40,280 / year |
| 50% AMI for LIHTC Units | $35,750 / year | $40,850 / year | $45,950 / year | $51,050 / year | $55,150 / year | $59,250 / year |
| 50% AMI for PBRA Units | $35,750 / year | $40,850 / year | $45,950 / year | $51,050 / year | $55,150 / year | $59,250 / year |
| 60% AMI for LIHTC Units | $42,900 / year | $49,020 / year | $55,140 / year | $61,260 / year | $66,180 / year | $71,100 / year |
| 80% AMI for PBRA Units | $57,200 / year | $65,350 / year | $73,500 / year | $81,650 / year | $88,200 / year | $94,750 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Terraces at Parkview have a waiting list?
The Terraces at Parkview has a waiting list. See above for waiting list details.
Are rents subsidized at The Terraces at Parkview?
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.
What property management company manges The Terraces at Parkview?
The Terraces at Parkview is managed by Mercy Housing headquartered in Denver, Colorado.
In addition to The Terraces at Parkview, how many other affordable housing properties (and units) are there in Lithonia?
In addition to The Terraces at Parkview, we list 87 other affordable properties in Lithonia. Learn about these properties here. Our data research shows that there are a total of 1271 affordable units in Lithonia.
When was the The Terraces at Parkview listing last updated?
The Terraces at Parkview listing on Affordable Housing Online was last updated on 01/03/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
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