Live Oak Plantation

8505 Waters Avenue, Savannah, Georgia 31406

Located in Savannah, GA, 208 Multifamily townhomes with fully equipped kitchens, oversized closets, private patios and much more. Conveniently located near public transportation.
*Live Oak Plantation is a tax credit community.

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Income Based

Live Oak Plantation Details

  • 208 one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Laundry Room
  • 24 Hour Maintenance

Nearby Amenities

  • Near Bus Line

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.

Savannah 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 Savannah but actual income limits may differ for units at Live Oak Plantation.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $29,200 $33,400 $37,550 $41,700 $45,050 $48,400 $51,750 $55,050
Low Income (60%) $35,040 $40,080 $45,060 $50,040 $54,060 $58,080 $62,100 $66,060
Image of Live Oak Plantation
Image of Live Oak Plantation
Image of Live Oak Plantation

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