Reynoldstown Senior

695 Field Street SE, Atlanta, Georgia 30315

Contact Reynoldstown Senior

Reynoldstown Senior Residences is comprised of 69 affordable apartments for seniors age 62 years and older. This brand new community is located in the historic Reynoldstown neighborhood of Atlanta. This walkable neighborhood is one of the most diverse areas inside the perimeter and is home to over 1,500 households. The neighborhood’s rich history and central location has also attracted the Atlanta Beltline, a multi-use trail and major revitalization effort in the city. The Beltline runs right through the Reynoldstown neighborhood and is in close proximity to our senior housing development. Positioned on a major street, the site has great access to Interstates, 20, 75, and 85. In addition to providing a great location to residents, the project will feature an extensive amenity package that includes a covered patio, media room, fitness center, computer center, and raised garden beds.

Eligibility for Reynoldstown Senior

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 Reynoldstown Senior.

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

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 Reynoldstown Senior.

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
Low Income (60%)	$42,900	$49,020	$55,140	$61,260	$66,180	$71,100	$76,020	$80,880

Reynoldstown Senior Details

70 bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 202 Supportive Housing for the Elderly

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.

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.