Magnolia Park II

60 Paschal Blvd. NW, Atlanta, Georgia 30314

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Magnolia Park II is managed by Grail Management Group.

There’s no place like home when you’re living at Magnolia Park. Kick your feet up while you’re living in your spacious apartment, watch the sunset on your private balcony, or relax at the community pool just steps from your front door.

Eligibility for Magnolia Park II

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Atlanta but actual income limits may differ for units at Magnolia Park II.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $21,500 $24,550 $27,600 $30,650 $35,140 $40,280 $45,420 $50,560
50% $35,750 $40,850 $45,950 $51,050 $55,150 $59,250 $63,350 $67,400
80% $57,200 $65,350 $73,500 $81,650 $88,200 $94,750 $101,250 $107,800

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Atlanta but actual income limits may differ for units at Magnolia Park II.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $35,750 $40,850 $45,950 $51,050 $55,150 $59,250 $63,350 $67,400

Magnolia Park II Details

  • 180 bedroom units.
  • Public Housing
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)

Property Amenities

  • Gated Community
  • Community Media Center
  • Community Swimming Pool
  • On-Site Security

Unit Amenities

  • Washer and Dryer Included
Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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