Sustainable Fellwood Phase III

40 Eagle St, Savannah, Georgia 31415

Sustainable Fellwood Phase III, located at 40 Eagle St in Savannah, has one and two bedroom apartments. Sustainable Fellwood Phase III participates in the Low-Income Housing Tax Credit (LIHTC) and Public Housing programs.

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 732 From $339 To $708
2 Bedroom (2/1) 951-1,075 From $403 To $850

Sustainable Fellwood Phase III Details

  • 100 one and two bedroom units.
  • Water and Sewer utilities included in rent
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Controlled Access
  • Elevator
  • Fitness Center
  • BBQ/Picnic Area
  • Business Center
  • Clubhouse
  • Library
  • Off-Street Parking
  • Gated Community
  • Gazebo
  • On-Site Management
  • Online Payments Accepted
  • On-Site Maintenance
  • Laundry Facilities
  • Game Room

Unit Amenities

  • Air Conditioning
  • Ceiling Fan(s)
  • Handicapped Accessible
  • Dishwasher
  • Garbage Disposal
  • Washer/Dryer Hookup
  • Patio, Deck Or Balcony
  • Refrigerator
  • Water Trash and Sewer Included
  • Mini Blinds & Curtain Rods

Office Hours

Day Hours
Monday 9:00am-5:00pm
Tuesday 9:00am-5:00pm
Wednesday 9:00am-5:00pm
Thursday 9:00am-5:00pm
Friday 9:00am-5:00pm

About Sustainable Fellwood Phase III

Sustainable Fellwood III serves residents 62 and older, handicapped or disabled and offers 1 and 2-bedroom apartments at a convenient location in Savannah, Georgia. The spacious apartments include energy efficient electric appliances, washer/dryer hookups, and patios. Our community is tobacco-free and features a laundry facility, business center, library, and more. Sustainable Fellwood III is 5-minutes from Bartow Park, a 5-minute drive from shopping and dining, and is near I-516.

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.

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

Savannah 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 Savannah but actual income limits may differ for units at Sustainable Fellwood Phase III.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,050 $17,200 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% $25,100 $28,700 $32,300 $35,850 $38,750 $41,600 $44,500 $47,350
80% $40,150 $45,900 $51,650 $57,350 $61,950 $66,550 $71,150 $75,750

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 Sustainable Fellwood Phase III.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,100 $28,700 $32,300 $35,850 $38,750 $41,600 $44,500 $47,350
Low Income (60%) $30,120 $34,440 $38,760 $43,020 $46,500 $49,920 $53,400 $56,820

These general income qualifications for Savannah, Georgia should only be used as a basic guide. To find out if you qualify, contact the community directly.

Sustainable Fellwood Phase III was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Sustainable Fellwood Phase III has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Sustainable Fellwood Phase III is managed by Woda Cooper Companies, Inc..

Image of Sustainable Fellwood Phase III
Image of Sustainable Fellwood Phase III
Image of Sustainable Fellwood Phase III

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