The Atrium At Collegetown

435 Joseph E Lowery Blvd SW, Atlanta, Georgia 30310

Contact The Atrium At Collegetown

The Atrium at CollegeTown is a 190-unit property for seniors near the Historic West End of Atlanta, Georgia. Formerly John O. Chiles, the building was originally constructed in 1965 and had been a valuable affordable housing community serving elderly households for more than 40 years. Mercy Housing, with the support of Georgia’s Department of Community Affairs, the City of Atlanta and SunTrust, developed a financing structure to allow for the necessary renovations to ensure that the property remains affordable to seniors for years to come.

Eligibility for The Atrium At Collegetown

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 The Atrium At Collegetown.

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 The Atrium At Collegetown.

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

The Atrium At Collegetown Details

76 bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Public Housing

Property Amenities

Fitness Center
Business Center
Library
Resident Service Coordinator
Barber Shop and Beauty Salon

Unit Amenities

Energy Efficient Appliances

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.

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.