Affordable Rental Options

Affordable Rental Options

We know that homeownership isn’t for everyone, and Athens Land Trust manages a small number of affordable rental units. Unfortunately, demand is very high. However, we keep a waiting list and encourage you to apply. A Rental Application may be picked up in our office or downloaded here.

We are also the affordability partner in a 120-unit apartment complex at Fourth Street Village and at Atlas Athens, which is currently under construction.

To view a list of other affordable rental options in Athens, please see Other Rental Options to learn more.

**Please note, while we always are accepting applications, there are no current vacancies at the Waddell Street  or Reese Street Apartments. Please scroll down to “Athens Land Trust Rental Units” for information on how to apply.

Athens Land Trust Rental Units

**Please note, while we always are accepting applications, there are no current vacancies and we are operating on a waitlist.

Our rental units are provided specifically for families making 50% or less than the Area Median Income. The Waddell rental units project was made possible through funding from the Athens-Clarke County Department of Housing and Community Development (HCD) HOME and CDBG Programs of the Unified Government of Athens-Clarke County, an Equal Opportunity Employer. These rental units are in the West Broad neighborhood in the city of Athens, GA. Nearby schools include Alps Road Elementary School, Clarke Middle School, and Clarke Central High School.

Rental Application Process

Persons interested in renting these homes must meet the following program requirements:

**Please note, while we always are accepting applications, there are no current vacancies. 

FY2022 Adjusted HOME Income Limits- 50% Area Median Income for Athens-Clarke County

1 person2 persons3 persons4 persons   
$28,500$32,600$36,650$40,700   

Please download an application. You may also pick up an application in person. You can drop it off at our office, e-mail it to us at affordablehousing@athenslandtrust.org, or mail it to us at:

Athens Land Trust
Attention: Housing Program Specialist
685 N. Pope St.
Athens, GA 30601. 

If you need an application mailed to you, please e-mail or call us at 706-613-0122. There are no application fees.

This is determined through verified sources of income, and analysis of the household’s monthly budget and credit.

Please note: Due to the high volume of applications submitted, there is a waitlist for the Waddell Street and Reese Street Apartments. This analysis will not be required for your initial application, but will be required when an apartment becomes available. 

Acceptable documents include:

  • Current pay stubs that reflect most recent 60-days of employment
  • Current Social Security/Disability benefit statements (if applicable)
  • Pension statements/checks (if applicable)
  • Income Tax Returns or W2’s for the previous 2 years

Please note: Due to the high volume of applications submitted, there is a waitlist for the Waddell Street Apartments. Documents to provide proof of income will not be required for your initial application, but will be required when an apartment becomes available. 

Atlas Athens

Atlas Athens is an apartment community in East Athens. It is located at 2400 Lexington Road, Athens, GA 30605

Atlas Athens has committed to reserving 15% of the market-rate dwelling units at restricted rents intended to serve the working professionals of Athens-Clarke County whose incomes are between 60% and 120% of AMI (area median income). Athens Land Trust is the affordability partner in this project.

Click the link below for more information on applying for Work Force Housing with Atlas Athens.

 

For more information on renting at Atlas Athens, please contact

Atlas Athens
Leasing Office
762-356-4213

 

Fourth Street Village

Fourth Street Village is an apartment community for 120 families. It is located directly across from Howard B. Stroud Elementary School (formerly called Fourth Street Elementary School) on a 9-acre tract zoned for multi-family housing. Fourth Street Village is located along the bus line and is close to a grocery store, pharmacy, and other desirable amenities. The property has a community center on site that includes a computer lab, fitness center, swimming pool, and laundry.

96 units at Fourth Street Village are provided specifically for families making 50% or less than the Area Median Income. The remaining 24 units are at the standard market rate. Fourth Street Village was made possible through financing received from PNC Multifamily Capital and from the Low Income Housing Tax Credit Program of the Georgia Department of Community Affairs.

There are many supportive services for residents, such as employment programs, homeownership counseling, resident involvement in decision making, a safety program, and tenant counseling. Ongoing activities are computer classes, financial management seminars, and residents’ association meetings. These services are administered by ALT and Ambling Management in partnership with many local agencies and businesses.

For more information on renting at Fourth Street Village, please contact

Fourth Street Village
Leasing Office
706-543-5915

 
Fourth Street Village residents enjoying a movie night.
Exterior photo of Fourth Street Village apartments.

Funding

The Program is funded through a federal HOME grant and the Community Development Block Grant (CDBG).  The federal HOME Program (Home Investment Partnerships Program) was created by the National Affordable Housing Act of 1990, and allocates funds to participating jurisdictions for home-ownership projects, owner-rehabilitation projects and rental-rehabilitation projects.  Non-profits and other agencies apply to the local jurisdiction for funds to assist with their projects.

Participants will not be discriminated based on race, color, religion, disability, sex, familial status or national origin.