About This Property
Cottage Hill comprises 25 low-income units in Hiawassee, Georgia, within Towns County. The property was placed in service in 1993 and continues to serve residents in the area.
Property Details
Fair Market Rent - Towns 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 | $758 |
| 1 Bedroom | $788 |
| 2 Bedroom | $885 |
| 3 Bedroom | $1,247 |
| 4 Bedroom | $1,502 |
Income Limits - Towns County, GA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,250
- Low (80%)
- $30,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,000
- Low (80%)
- $35,150
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,750
- Low (80%)
- $39,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,450
- Low (80%)
- $43,900
- Extremely Low (30%)
- $29,650
- Very Low (50%)
- $29,650
- Low (80%)
- $47,450
- Extremely Low (30%)
- $31,850
- Very Low (50%)
- $31,850
- Low (80%)
- $50,950
- Extremely Low (30%)
- $34,050
- Very Low (50%)
- $34,050
- Low (80%)
- $54,450
- Extremely Low (30%)
- $36,250
- Very Low (50%)
- $36,250
- Low (80%)
- $57,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,250 | $30,750 |
| 2 Persons | $17,420 | $22,000 | $35,150 |
| 3 Persons | $21,960 | $24,750 | $39,550 |
| 4 Persons | $26,500 | $27,450 | $43,900 |
| 5 Persons | $29,650 | $29,650 | $47,450 |
| 6 Persons | $31,850 | $31,850 | $50,950 |
| 7 Persons | $34,050 | $34,050 | $54,450 |
| 8 Persons | $36,250 | $36,250 | $57,950 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hiawassee, GA?+
The Fair Market Rent (FMR) for Towns County, GA is: $758 (Studio), $788 (1BR), $885 (2BR), $1247 (3BR), $1502 (4BR). Actual rent at subsidized properties like Cottage Hill is typically 30% of household income or less.
What are the income limits for affordable housing in Towns County, GA?+
For a 4-person household in Towns County, GA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,450, Low Income (80% AMI): $43,900. These limits are set by HUD and updated annually.
How do I apply for housing at Cottage Hill?+
Cottage Hill 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 Cottage Hill?+
Cottage Hill is managed by . You can reach them at . Visit their website for more information.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.