Low Income (LIHTC)

Shannon Lake

6770 Buffington Rd, Union City, GA, 30291

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Shannon Lake is a 152-unit affordable housing community in Union City, Georgia, with 287 low-income units. The property has been in service since 1996 and continues to provide housing options in Fulton County.

Property Details

Total Units

152

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

1996

LIHTC Credit Type

Low-Income Units

287 / 152

Frequently Asked Questions

What is the average rent for affordable housing in Union City, 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 Shannon Lake 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 Shannon Lake?+

Shannon Lake is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Shannon Lake?+

Shannon Lake 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.

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