Walton Renaissance on Henderson
55 Henderson St SW, Marietta, Georgia 30064
Walton Renaissance on Henderson, an active adult community in Marietta, GA provides a carefree, relaxed lifestyle just steps from the shops and restaurants of the Marietta Square. Our amenity rich community features organized resident activities, an on-site movie theatre, salon, a fitness center with views of Kennesaw Mountain and controlled access entrances. Walton Renaissance on Henderson, a Breathe Easy community, is designed to cater exclusively to residents 62 and up. Schedule a visit today!
1. General Waiting list is Open Now
Last updated on May 23rd, 2017
Units
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Income Based |
Walton Renaissance on Henderson Details
- 150 one bedroom units.
- Section 8 Project-Based Rental Assistance
- Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Rental Assistance
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Low-Income Housing Tax Credit (LIHTC)
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.
Marietta HUD Rental Assistance Income Qualifications
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 Marietta but actual income limits may differ for units at Walton Renaissance on Henderson.
| 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 |
Marietta Low-Income Housing Tax Credit Income Limits
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 Marietta but actual income limits may differ for units at Walton Renaissance on Henderson.
| 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 |
Walton Renaissance on Henderson is managed by Walton Communities.
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