Forest Ridge Apartments

601 Forest Ridge Road, Waynesboro, Georgia 30830

Forest Ridge Apartments, located at 601 Forest Ridge Road in Waynesboro, GA has one and two bedroom apartments. Forest Ridge Apartments participates in the Low-Income Housing Tax Credit (LIHTC) and Section 515 Rural Rental Housing 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

Forest Ridge Apartments Details

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

Office Hours

Day Hours
Monday 1:00pm-4:30pm
Tuesday 8:00am-4:30pm
Wednesday 1:00pm-4:30pm
Thursday 8:00am-4:30pm
Friday 1:00pm-4:30pm

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.

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.

Waynesboro 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 Waynesboro but actual income limits may differ for units at Forest Ridge Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,950 $29,650 $33,350 $37,050 $40,050 $43,000 $45,950 $48,950
Low Income (60%) $31,140 $35,580 $40,020 $44,460 $48,060 $51,600 $55,140 $58,740

Forest Ridge Apartments is managed by Boyd Management.

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