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Studio, One-bedroom, and Two-bedroom apartment homes available through the Affordable Workforce Housing of Atlanta.
The 33 affordable apartments at Iris Old Fourth Ward are restricted to those households with 60% of Area Median Income (AMI). AMI is calculated annually by the U.S. Department of Housing and Development (HUD) and is the combined average household income for the full Atlanta metropolitan area.
QUALIFYING INCOME LIMITS
HOUSEHOLD SIZE | 1 | 2 | 3 | 4 | |||||
---|---|---|---|---|---|---|---|---|---|
INCOME | $42,900 | $49,020 | $55,140 | $61,260 |
QUALIFYING RENTAL RATES
BEDROOMS | Studio | 1 Bedroom | 2 Bedrooms | |||||||
---|---|---|---|---|---|---|---|---|---|---|
RENT | $1,072* | $1,149* | $1,378* |
**Rents listed do not include utilities, parking, technology fees, pest control, and trash. Income limits and rents are subject to change with annual updates to the Affordable Workforce Housing program updates.
ADDITIONAL RENT AND FEES
Parking: $30.00 per month | Reserved $75.00 per month.
Utilities: Residents are responsible for GA Power, Gas, Water, Sewer, Trash, Pest Control, and Technology Package per month.
Pet: Two pets per apartment max, weight and breed restriction apply. Pet rent is $20 per month per pet and a one-time pet fee of $350 for one pet and $700 for two pets will be owed.
Deposit: $300 up to one month’s rent (Studio, one, and two bedroom).
Application Fee: $100 per applicant over 18 years of age.
Admin Fee: $250 per applicant over 18 years of age.
QUALIFYING FLOOR PLANS
ZS1
STUDIO | 1 BATH | 638 SF
Z1A
1 BED | 1 BATH | 754 SF
Z1H
1 BED | 1 BATH | 709 SF
Z2A
2 BED | 2 BATH | 1,144 SF
Z2H
2 BED | 2 BATH | 1,128 SF
Z2H.1
2 BED | 2 BATH | 1,128 SF
INTERESTED? CONTACT US
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IMPORTANT INFORMATION! Apartments will be monitored for compliance with applicable income and eligibility requirements and are subject to other restrictions. Residents are subject to annual re-certification.