Retreat at Madison Place is managed by OneStreet Residental.
Conveniently located to 285, The Retreat at Madison Place is a charming community of 1- and 2-bedroom apartments designed for residents aged 55+. Come enjoy a wide range of amenities including a Fitness Center, Game Room, Business Center, and more.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 701 | Call for Price |
Two Bedroom (2/2) | 971 | Call for Price |
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 Decatur but actual income limits may differ for units at Retreat at Madison Place.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Low Income (60%) | $42,900 | $49,020 | $55,140 | $61,260 |
Day | Hours |
---|---|
Monday | 9:00am-5:00pm |
Tuesday | 9:00am-5:00pm |
Wednesday | 9:00am-5:00pm |
Thursday | 9:00am-5:00pm |
Friday | 9:00am-5:00pm |
Saturday | Closed |
Sunday | Closed |
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.