11115 Colerain Rd, Saint Marys, GA 31558
Waiting List Forecast: Likely Short or None
Verified for 2018 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 2 Baths | 1 - 964 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. 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.
At The Reserve at Sugar Mill, you’ll find more than an apartment. You’ll find a place you can relax and a place where you can thrive. You’ll find a place that’s comfortable and one that’s welcoming. What you’ll find here is a place to call home.
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. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests The Reserve at Sugar Mill does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, 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 have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 2 Bedroom (2/2) | 964ft2 | Rent is Based On Your Income† |
| 3 Bedroom (3/2) | 1ft2 | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $25,850 / year | $29,550 / year | $33,250 / year | $36,900 / year | $39,900 / year | $42,850 / year |
| 50% AMI for PBRA Units | $25,850 / year | $29,550 / year | $33,250 / year | $36,900 / year | $39,900 / year | $42,850 / year |
| 60% AMI for LIHTC Units | $31,020 / year | $35,460 / year | $39,900 / year | $44,280 / year | $47,880 / year | $51,420 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Reserve at Sugar Mill have a waiting list?
The Reserve at Sugar Mill probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at The Reserve at Sugar Mill?
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 Reserve at Sugar Mill?
The Reserve at Sugar Mill is managed by Triumph Housing Management headquartered in cumming, GA.
In addition to The Reserve at Sugar Mill, how many other affordable housing properties (and units) are there in Saint Marys?
In addition to The Reserve at Sugar Mill, we list 6 other affordable properties in Saint Marys. Learn about these properties here. Our data research shows that there are a total of 626 affordable units in Saint Marys.
301 Carnegie Dr, Saint Marys, Georgia 31558
100 Mary Powell Drive R155, Saint Marys, Georgia 31558
2000 Harbor Pines Dr, Saint Marys, Georgia 31558
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