About This Property
Tower Village offers 42 low-income residential units in Rockmart, Georgia, comprising twelve one-bedroom and thirty two-bedroom apartments. The property has been in service since 1996 and is financed through 4% Low-Income Housing Tax Credits. Interested parties may contact the property management for additional information regarding availability and lease terms.
Property Details
Fair Market Rent - Polk 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 | $699 |
| 1 Bedroom | $703 |
| 2 Bedroom | $924 |
| 3 Bedroom | $1,165 |
| 4 Bedroom | $1,231 |
Income Limits - Polk County, GA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,700
- Low (80%)
- $31,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,500
- Low (80%)
- $36,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,300
- Low (80%)
- $40,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,100
- Low (80%)
- $44,950
- Extremely Low (30%)
- $30,350
- Very Low (50%)
- $30,350
- Low (80%)
- $48,550
- Extremely Low (30%)
- $32,600
- Very Low (50%)
- $32,600
- Low (80%)
- $52,150
- Extremely Low (30%)
- $34,850
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $37,100
- Very Low (50%)
- $37,100
- Low (80%)
- $59,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,700 | $31,500 |
| 2 Persons | $17,420 | $22,500 | $36,000 |
| 3 Persons | $21,960 | $25,300 | $40,500 |
| 4 Persons | $26,500 | $28,100 | $44,950 |
| 5 Persons | $30,350 | $30,350 | $48,550 |
| 6 Persons | $32,600 | $32,600 | $52,150 |
| 7 Persons | $34,850 | $34,850 | $55,750 |
| 8 Persons | $37,100 | $37,100 | $59,350 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Rockmart, GA?+
The Fair Market Rent (FMR) for Polk County, GA is: $699 (Studio), $703 (1BR), $924 (2BR), $1165 (3BR), $1231 (4BR). Actual rent at subsidized properties like Tower Village is typically 30% of household income or less.
What size apartments are available at Tower Village?+
Tower Village offers the following unit types: 12 One-Bedroom, 30 Two-Bedroom units, for a total of 42 units.
How do I apply for housing at Tower Village?+
Tower Village 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.
What are the income limits for affordable housing in Polk County, GA?+
For a 4-person household in Polk County, GA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,100, Low Income (80% AMI): $44,950. These limits are set by HUD and updated annually.
Who manages Tower Village?+
Tower Village is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Rockmart, GA?+
Based on Fair Market Rent for Polk County, the estimated price range is: 1-bedroom: $703, 2-bedroom: $924. Actual rent at Tower Village may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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