Stony Ridge Apartments - GA

About This Building

Affordable Housing Option in Hogansville, GA: Stony Ridge Apartments Overview: Stony Ridge Apartments, located in Hogansville, GA, offers a Low-Income Housing Tax Credit (LIHTC) apartment option for individuals seeking affordable housing. These rental apartments adhere to the LIHTC program's rent and income restrictions, ensuring accessibility for those in need. Incentivizing Affordable Housing: The LIHTC program encourages developers and builders to provide housing options for low-income individuals by offering incentives. Under this program, the maximum rent charged is determined based on the Area Median Income (AMI). However, it's important to note that the AMI calculation may still render this apartment unaffordable for some low-income individuals. Therefore, it is advisable to check the current rental rates to determine affordability. Apartment Details: Stony Ridge Apartments consists of 44 one, two, and three-bedroom apartments designed to cater to low-income individuals. Given the high demand for affordable housing, waiting lists for apartments have become common practice. To explore the possibility of applying and qualifying for residency, get in touch with the management directly using the provided contact number.