
About This Property
Magnolia Lane is a 48-unit affordable housing community in Bloomingdale, GA that has served low-income residents since 1990. The property provides housing options in Chatham County for individuals and families seeking affordable rental accommodations. Current management handles day-to-day operations and resident services at the community.
Property Details
Fair Market Rent - Chatham County, GA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,191 |
| 1 Bedroom | $1,287 |
| 2 Bedroom | $1,445 |
| 3 Bedroom | $1,967 |
| 4 Bedroom | $2,306 |
Income Limits - Chatham County, GA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,900
- Very Low (50%)
- $26,500
- Low (80%)
- $42,350
- Extremely Low (30%)
- $18,200
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,050
- Low (80%)
- $54,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,800
- Low (80%)
- $60,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,850
- Low (80%)
- $65,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,850
- Low (80%)
- $70,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,900
- Low (80%)
- $75,000
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,900
- Low (80%)
- $79,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,900 | $26,500 | $42,350 |
| 2 Persons | $18,200 | $30,250 | $48,400 |
| 3 Persons | $21,960 | $34,050 | $54,450 |
| 4 Persons | $26,500 | $37,800 | $60,450 |
| 5 Persons | $31,040 | $40,850 | $65,300 |
| 6 Persons | $35,580 | $43,850 | $70,150 |
| 7 Persons | $40,120 | $46,900 | $75,000 |
| 8 Persons | $44,660 | $49,900 | $79,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bloomingdale, GA?+
The Fair Market Rent (FMR) for Chatham County, GA is: $1191 (Studio), $1287 (1BR), $1445 (2BR), $1967 (3BR), $2306 (4BR). Actual rent at subsidized properties like Magnolia Lane is typically 30% of household income or less.
What are the income limits for affordable housing in Chatham County, GA?+
For a 4-person household in Chatham County, GA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,800, Low Income (80% AMI): $60,450. These limits are set by HUD and updated annually.
How do I apply for housing at Magnolia Lane?+
Magnolia Lane is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Magnolia Lane?+
Magnolia Lane is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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