Yester Oaks Apartments

51 Yester Oaks Dr, Lafayette, Georgia 30728

Contact Yester Oaks Apartments

Quiet affordable housing family community located in city of Lafayette. Close to shopping, restaurants, schools and Main Street. Playground and tot lot for kids. Please contact site manager for more details.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	457	Call for Price
Two Bedroom (2/2)	577	Call for Price

Eligibility for Yester Oaks Apartments

Yester Oaks Apartments Details

44 one and two bedroom units.
Section 515 Rural Rental Housing
Low-Income Housing Tax Credit (LIHTC)
Section 538 Guaranteed Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Playground
24hr Emergency Maintenance
Rural Area

Unit Amenities

Air Conditioning
Cable Ready
Window Coverings
Carpet
Patio Deck Or Balcony
Private Entrance

Nearby Amenities

Close to Downtown District
Close to Shopping
Near Schools

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

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 538 Guaranteed Rural Rental Housing

Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.