Savoy Place is managed by The Michaels Organization.
Part of The Estates redevelopment, which includes subsidized public housing, affordable tax credit, and market rate units.
In its colorful history, many flags have flown over the vibrant city of New Orleans, still known for its remarkable architecture, fine dining, classic jazz and of course, the annual celebration that is known as Mardi Gras. Experience New Orleans Style living in a spacious home designed for convenience and comfort of the "Big Easy". Savoy Place Apartments homes are designed with the look and feel of New Orleans style architecture as well as beautifully landscaped grounds. Unit types include town houses and single-family homes.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 714 | Call for Price |
Two Bedroom (2/1) | 1023 | Call for Price |
Three Bedroom (3/1) | 1341 | Call for Price |
Four Bedroom (4/2) | 1487 | 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 a HUD rental assistance program in New Orleans but actual income limits may differ for units at Savoy Place.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $17,250 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $28,700 | $32,800 | $36,900 | $41,000 | $44,300 | $47,600 | $50,850 | $54,150 |
80% | $45,950 | $52,500 | $59,050 | $65,600 | $70,850 | $76,100 | $81,350 | $86,600 |
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 New Orleans but actual income limits may differ for units at Savoy Place.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $28,700 | $32,800 | $36,900 | $41,000 | $44,300 | $47,600 | $50,850 | $54,150 |
Low Income (60%) | $34,440 | $39,360 | $44,280 | $49,200 | $53,160 | $57,120 | $61,020 | $64,980 |
Day | Hours |
---|---|
Monday | 8:00am-5:00pm |
Tuesday | 8:00am-5:00pm |
Wednesday | 8:00am-5:00pm |
Thursday | 8:00am-5:00pm |
Friday | 8:00am-5:00pm |
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.