Reservation at Hairston Lake

1023 N Hairston Rd, Stone Mountain, Georgia 30083

Reserve at Hairston Lake is situated on 17 park-like acres on North Hairston Road in East-Central DeKalb County. Formerly known as Hairston Lake Apartments, the community completed a major renovation in 2020. Designated for Housing for Older Persons (age 62+) or disabled adults, with 17 units reserved for non-elderly disabled residents. The complex consists of 170 one-bedroom units in 12 buildings, seventeen (17) units of which are designed for individuals with special accommodation needs.

New site amenities include two covered gathering areas, the addition of an accessible garden, a fitness center, an equipped computer center, an Arts & Crafts room and upgraded community building. Unit interiors were equipped with all LED lighting, LVT flooring, and owner-provided washers and dryers in each unit.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 615 Call for Price

Reservation at Hairston Lake Details

  • 170 one bedroom units.
  • Section 8 Project-Based Rental Assistance
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Community Room
  • Walking Trails
  • Community Garden
  • Computer Room
  • Resident Activities
  • Wheel Chair Accessible

Unit Amenities

  • Central Heat & Air
  • Washer and Dryer Included
  • Energy Efficient Appliances

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.

Stone Mountain 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 Stone Mountain but actual income limits may differ for units at Reservation at Hairston Lake.

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

Reservation at Hairston Lake is managed by Housing Authority of DeKalb County.

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