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The Terraces at Parkview in Lithonia, GA

  • The Terraces at Parkview
  • 6800 Parkview Trail, Lithonia, GA 30058
  • (770) 482-2021

Waiting List Information

Features

  • Rent: Call for Rents
  • Baths: 1 Bath
  • Beds: 1 - 3 Beds
  • SqFt: -

Amenities

  • Fitness Center
  • Playground
  • Computer Lab
  • Gazebo
  • Resident Service Coordinator

Income Qualification

AMI* 1 person 2 person 3 person 4 person 5 person 6 person
30% AMI for PBRA Units $21,500 / year $24,550 / year $27,600 / year $30,650 / year $35,140 / year $40,280 / year
50% AMI for LIHTC Units $35,750 / year $40,850 / year $45,950 / year $51,050 / year $55,150 / year $59,250 / year
50% AMI for PBRA Units $35,750 / year $40,850 / year $45,950 / year $51,050 / year $55,150 / year $59,250 / year
60% AMI for LIHTC Units $42,900 / year $49,020 / year $55,140 / year $61,260 / year $66,180 / year $71,100 / year
80% AMI for PBRA Units $57,200 / year $65,350 / year $73,500 / year $81,650 / year $88,200 / year $94,750 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

About

Lithonia Housing Authority partnered with Mercy Housing Southeast to turn the 46-unit Park Drive Apartments into Terraces at Parkview, a 90-unit multifamily property featuring one-, two- and threebedroom apartments and townhomes. To accommodate the additional units, the City of Lithonia leased a contiguous parcel of land to the development. The Lithonia Housing Authority valued the quality of services offered by Mercy Housing Southeast and knew the collaboration would be successful for the DeKalb County community.

Financing for the Terraces at Parkview included conventional debt and Low Income Housing Tax Credit Equity from SunTrust Bank and Sun Trust CDC. It also included a HOME Loan from the Georgia Department of Community Affairs. The property features a fitness center, children’s activity room, an outdoor gazebo, a playground, a computer lab and free internet. Residents also have access to on-site Resident Services provided by Mercy Housing Southeast.
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