About This Property
Tracewood Apts comprises 85 low-income rental units in Forest Park, Georgia, with a unit mix of 13 one-bedroom, 48 two-bedroom, and 24 three-bedroom apartments. The property was placed in service in 1995 and receives 9% Low-Income Housing Tax Credit financing. Clayton County residents can contact the property management for occupancy information and lease terms.
Property Details
Fair Market Rent - Clayton County, GA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,599 |
| 1 Bedroom | $1,643 |
| 2 Bedroom | $1,844 |
| 3 Bedroom | $2,230 |
| 4 Bedroom | $2,707 |
Income Limits - Clayton County, GA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,100
- Very Low (50%)
- $30,200
- Low (80%)
- $48,300
- Extremely Low (30%)
- $20,700
- Very Low (50%)
- $34,500
- Low (80%)
- $55,200
- Extremely Low (30%)
- $23,300
- Very Low (50%)
- $38,800
- Low (80%)
- $62,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,100
- Low (80%)
- $68,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,550
- Low (80%)
- $74,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,000
- Low (80%)
- $80,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,450
- Low (80%)
- $85,500
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,900
- Low (80%)
- $91,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,100 | $30,200 | $48,300 |
| 2 Persons | $20,700 | $34,500 | $55,200 |
| 3 Persons | $23,300 | $38,800 | $62,100 |
| 4 Persons | $26,500 | $43,100 | $68,950 |
| 5 Persons | $31,040 | $46,550 | $74,500 |
| 6 Persons | $35,580 | $50,000 | $80,000 |
| 7 Persons | $40,120 | $53,450 | $85,500 |
| 8 Persons | $44,660 | $56,900 | $91,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Forest Park, GA?+
The Fair Market Rent (FMR) for Clayton County, GA is: $1599 (Studio), $1643 (1BR), $1844 (2BR), $2230 (3BR), $2707 (4BR). Actual rent at subsidized properties like Tracewood Apts is typically 30% of household income or less.
What size apartments are available at Tracewood Apts?+
Tracewood Apts offers the following unit types: 13 One-Bedroom, 48 Two-Bedroom, 24 Three-Bedroom units, for a total of 85 units.
How do I apply for housing at Tracewood Apts?+
Tracewood Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Tracewood Apts?+
Tracewood Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Clayton County, GA?+
For a 4-person household in Clayton County, GA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,100, Low Income (80% AMI): $68,950. These limits are set by HUD and updated annually.
What is the price range for apartments in Forest Park, GA?+
Based on Fair Market Rent for Clayton County, the estimated price range is: 1-bedroom: $1643, 2-bedroom: $1844, 3-bedroom: $2230. Actual rent at Tracewood Apts may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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