Falls Park Apartments

47 Falls Park Drive, Toccoa, Georgia 30577

Falls Park Apartments, located at 47 Falls Park Drive in Toccoa, GA has one, two and three bedroom apartments. Falls Park Apartments participates in the Section 515 Rural Rental Housing and Low-Income Housing Tax Credit (LIHTC) programs.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedrooms (2/1) - Call for Price
3 Bedrooms (3/1) - Call for Price

Falls Park Apartments Details

  • 48 one, two and three bedroom units.
  • Section 515 Rural Rental Housing
  • Low-Income Housing Tax Credit (LIHTC)

Office Hours

Day Hours
Monday 9:00am-3:30pm
Tuesday 9:00am-3:30pm
Thursday 9:00pm-3:30pm

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

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.

Falls Park Apartments is managed by Boyd Management.

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