Reservation at Hairston Lake

1023 N Hairston Rd, Stone Mountain, GA 30083

Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units

check_circleVerified for 2022 by Connor Bailey, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents 1 Bed 1 Bath 615 Sq Ft
check_circle  Project-Based Rental Assistance

Waitlist Forecast

Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.

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.

Dave's Thoughts On Reservation at Hairston Lake

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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Reservation at Hairston Lake has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Reservation at Hairston Lake Amenities

  • Fitness Center
  • Community Room
  • Walking Trails
  • Community Garden
  • Central Heat & Air
  • Washer and Dryer Included
  • Computer Room
  • Energy Efficient Appliances
  • Resident Activities
  • Wheel Chair Accessible

Units at Reservation at Hairston Lake

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 615ft2 Call for Price

Income Qualification for Reservation at Hairston Lake

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
30% AMI for PBRA Units $21,500 / year $24,550 / year $27,600 / year $30,650 / year $35,140 / year $40,280 / year $45,420 / year $50,560 / year
50% AMI for LIHTC Units $35,750 / year $40,850 / year $45,950 / year $51,050 / year $55,150 / year $59,250 / year $63,350 / year $67,400 / year
50% AMI for PBRA Units $35,750 / year $40,850 / year $45,950 / year $51,050 / year $55,150 / year $59,250 / year $63,350 / year $67,400 / year
60% AMI for LIHTC Units $42,900 / year $49,020 / year $55,140 / year $61,260 / year $66,180 / year $71,100 / year $76,020 / year $80,880 / year
80% AMI for PBRA Units $57,200 / year $65,350 / year $73,500 / year $81,650 / year $88,200 / year $94,750 / year $101,250 / year $107,800 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Reservation at Hairston Lake

Does Reservation at Hairston Lake have a waiting list?

Reservation at Hairston Lake probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Reservation at Hairston Lake?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

In addition to Reservation at Hairston Lake, how many other affordable housing properties (and units) are there in Stone Mountain?

In addition to Reservation at Hairston Lake, we list 76 other affordable properties in Stone Mountain. Learn about these properties here. Our data research shows that there are a total of 1352 affordable units in Stone Mountain.

Listings Near Reservation at Hairston Lake

Antioch Manor Estates

4711 Bishop Ming Blvd, Stone Mountain, Georgia 30088

bed Studio-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Mountain Crest Apartments

1075 N Hairston Road, Stone Mountain, Georgia 30083

bed 1-3
payment $485-735/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Antioch Villas and Gardens

4735 Bishop Ming Blvd, Stone Mountain, Georgia 30088

bed Studio-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Manor At Indian Creek Phase II

3884 Durham Park Rd, Stone Mountain, Georgia 30083

bed 1-2
switch_access_shortcut Short Wait

Creek Town Flats

1221 S Indian Creek Dr, Stone Mountain, Georgia 30083

bed 1-2
payment $1590-1790/mo.

The Vue

4969 Central Dr, Stone Mountain, Georgia 30083

bed 2
payment $1175/mo.
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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