Highlands Apartments

16 Lake Street, Newnan, Georgia 30263

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Highlands Apartments is managed by Housing Management Resources.

Located in the heart of Newnan, less than one mile from the historic downtown district, Highlands Apartments features fully renovated one, two, three, and four bedroom apartment homes in one-level and townhome style floorplans. Professionally managed by Housing Management Resources, our homes include fully equipped kitchens, spacious layouts, balconies & patios, central heat & AC, and an accent wall painted in the color of your choice. Our residents enjoy the nearby Ashley Park shopping center and have easy access to Atlanta – which is just a quick 30 minute drive. You will also enjoy convenient onsite laundry facilities, a resident clubhouse and community room, onsite resident coordinator, library, business center, gazebo & grill area, community garden, professional onsite staff management staff, and 24 hour emergency maintenance.

“Our “Working Family Preference” means that a family with at least 1 working member (or if the head, co-head, or sole member is age 62 or older, or is a disabled person) will be given preference over all other nonworking applicants.”

Unit (Bd/Ba) Ft2 Rent
1 BR (1/1) 555 $841
2 BR (2/1.5) 1010 $938
3 BR (3/1.5) 1128 $1,014
4 BR (4/1.5) 1136 $1,098

Eligibility for Highlands Apartments

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 Newnan but actual income limits may differ for units at Highlands Apartments.

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 Newnan but actual income limits may differ for units at Highlands Apartments.

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

Highlands Apartments Details

  • 100 one, two, three and four bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)
  • Section 236

Property Amenities

  • BBQ and Picnic Area
  • Community Room
  • Business Center
  • Clubhouse
  • Library
  • 24hr Emergency Maintenance
  • Resident Service Coordinator
  • Custom Accent Wall Program
  • Community Garden
  • Laundry Facilities

Unit Amenities

  • Dishwasher
  • Microwave
  • Cable Ready
  • Utilities Included
  • Balconies or Patios Available
  • Central Heat & Air

Office Hours

Day Hours
Monday 10:00am-5:00pm
Tuesday 10:00am-5:00pm
Wednesday 10:00am-5:00pm
Thursday 10:00am-5:00pm
Friday 10:00am-5:00pm
Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.

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