Low Income (LIHTC)Waitlist Open

The Terraces Iii

183 Mount Zion Rd SE, Atlanta, GA, 30354

Information verified September 10, 2026·We re-check waiting list status daily

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About This Property

The Terraces III comprises 222 affordable housing units in Atlanta, Georgia. The property was placed in service in 2008 and is situated in Fulton County. Prospective residents may contact the management office for information regarding availability and lease terms.

Waitlist Information

Waitlist managed by Housing Authority of the City of Atlanta Georgia

Public Housing Waitlist

Open

Apply: Phone

Atlanta Housing (AH) offers community-based assistance through various properties, each maintaining a site-based waiting list. To apply, individuals must contact the property management office of the desired community to confirm if its waiting list is open. AH-owned properties include family communities and senior high-rise communities, with head of household preferences for seniors (age 62 or older), near elderly (age 55-61), or non-elderly disabled adults in high-rise communities. A list of communities with open waiting lists is available.

Last verified February 19, 2026

Section 8 (HCV) Waitlist

Closed

The main city Housing Choice Voucher waiting list is currently closed to new applicants and has historically held around 24,000 applicants with slow turnover, admitting approximately 1,200 families annually. Eligibility requires meeting income limits, U.S. citizenship or eligible immigrant status, a Social Security Number, criminal background screening, and compliance with a work/program participation requirement.

Last verified June 30, 2026

Waitlist data provided by section8waitlist.org

Updated September 9, 2026

Property Details

Total Units

222

Fair Market Rent - Fulton 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	$1,599
1 Bedroom	$1,643
2 Bedroom	$1,844
3 Bedroom	$2,230
4 Bedroom	$2,707

Income Limits - Fulton County, GA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $18,100
Very Low (50%): $30,200
Low (80%): $48,300

2 Persons

Extremely Low (30%): $20,700
Very Low (50%): $34,500
Low (80%): $55,200

3 Persons

Extremely Low (30%): $23,300
Very Low (50%): $38,800
Low (80%): $62,100

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $43,100
Low (80%): $68,950

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $46,550
Low (80%): $74,500

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $50,000
Low (80%): $80,000

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $53,450
Low (80%): $85,500

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $56,900
Low (80%): $91,050

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$18,100	$30,200	$48,300
2 Persons	$20,700	$34,500	$55,200
3 Persons	$23,300	$38,800	$62,100
4 Persons	$26,500	$43,100	$68,950
5 Persons	$31,040	$46,550	$74,500
6 Persons	$35,580	$50,000	$80,000
7 Persons	$40,120	$53,450	$85,500
8 Persons	$44,660	$56,900	$91,050

Tax Credit Program Details

Year Placed in Service

2008

LIHTC Credit Type

Low-Income Units

0 / 222

Frequently Asked Questions

What is the average rent for affordable housing in Atlanta, GA?+

The Fair Market Rent (FMR) for Fulton County, GA is: $1599 (Studio), $1643 (1BR), $1844 (2BR), $2230 (3BR), $2707 (4BR). Actual rent at subsidized properties like The Terraces Iii is typically 30% of household income or less.

What are the income limits for affordable housing in Fulton County, GA?+

For a 4-person household in Fulton County, GA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,100, Low Income (80% AMI): $68,950. These limits are set by HUD and updated annually.

Who manages The Terraces Iii?+

The Terraces Iii is managed by . You can reach them at .

Is there a waitlist for The Terraces Iii?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

How do I apply for housing at The Terraces Iii?+

The Terraces Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.

Begin Application Now