About This Property
Ridgecrest Apts offers 12 low-income units in Lula, Georgia. The property was placed in service in 1989 and is funded through tax-exempt bonds.
Property Details
Fair Market Rent - Hall 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 | $1,076 |
| 1 Bedroom | $1,235 |
| 2 Bedroom | $1,386 |
| 3 Bedroom | $1,711 |
| 4 Bedroom | $1,932 |
Income Limits - Hall 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%)
- $30,300
- Low (80%)
- $48,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,100
- Low (80%)
- $54,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,850
- Low (80%)
- $60,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,900
- Low (80%)
- $65,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,950
- Low (80%)
- $70,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,950
- Low (80%)
- $75,050
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,000
- Low (80%)
- $79,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,900 | $26,500 | $42,350 |
| 2 Persons | $18,200 | $30,300 | $48,400 |
| 3 Persons | $21,960 | $34,100 | $54,450 |
| 4 Persons | $26,500 | $37,850 | $60,500 |
| 5 Persons | $31,040 | $40,900 | $65,350 |
| 6 Persons | $35,580 | $43,950 | $70,200 |
| 7 Persons | $40,120 | $46,950 | $75,050 |
| 8 Persons | $44,660 | $50,000 | $79,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lula, GA?+
The Fair Market Rent (FMR) for Hall County, GA is: $1076 (Studio), $1235 (1BR), $1386 (2BR), $1711 (3BR), $1932 (4BR). Actual rent at subsidized properties like Ridgecrest Apts (Lula) is typically 30% of household income or less.
What are the income limits for affordable housing in Hall County, GA?+
For a 4-person household in Hall County, GA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,850, Low Income (80% AMI): $60,500. These limits are set by HUD and updated annually.
Who manages Ridgecrest Apts (Lula)?+
Ridgecrest Apts (Lula) is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Ridgecrest Apts (Lula)?+
Ridgecrest Apts (Lula) 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.
Contact Information
Location
Hall County, GA
0