Lone Mountain II

85 Darlene Ln, Ringgold, Georgia 30736

Lone Mountain II, located at 85 Darlene Ln in Ringgold, GA has one and two bedroom apartments. Lone Mountain II participates in the Low-Income Housing Tax Credit (LIHTC) program.

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedrooms (2/1) - Call for Price

Lone Mountain II Details

  • 64 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Clubhouse
  • Computer Room

Unit Amenities

  • Fully Equipped Kitchen
  • Full-Size Washer & Dryer Connections

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.

Ringgold 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 Ringgold but actual income limits may differ for units at Lone Mountain II.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $26,350 $30,100 $33,850 $37,600 $40,650 $43,650 $46,650 $49,650
Low Income (60%) $31,620 $36,120 $40,620 $45,120 $48,780 $52,380 $55,980 $59,580

Lone Mountain II is managed by Boyd Management.

Image of Lone Mountain II

Nearby Low Income Apartment Communities

Bedford Place Apartments

60 Bedford Pl
Ringgold, Georgia
Call For Rent
1-3 BR
Affordable

Lone Mountain

140 Hailey Dr
Ringgold, Georgia
Call For Rent
1-2 BR
Affordable