About This Property
Cherokee Hills Apts offers 24 low-income units in Englewood, Tennessee, consisting of eight 1-bedroom and sixteen 2-bedroom apartments. The property has been in service since 1987 and is owned by a non-profit organization. Financing includes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - McMinn County, TN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $719 |
| 1 Bedroom | $813 |
| 2 Bedroom | $950 |
| 3 Bedroom | $1,234 |
| 4 Bedroom | $1,265 |
Income Limits - McMinn County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,750
- Low (80%)
- $31,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,600
- Low (80%)
- $36,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,400
- Low (80%)
- $40,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,200
- Low (80%)
- $45,100
- Extremely Low (30%)
- $30,500
- Very Low (50%)
- $30,500
- Low (80%)
- $48,750
- Extremely Low (30%)
- $32,750
- Very Low (50%)
- $32,750
- Low (80%)
- $52,350
- Extremely Low (30%)
- $35,000
- Very Low (50%)
- $35,000
- Low (80%)
- $55,950
- Extremely Low (30%)
- $37,250
- Very Low (50%)
- $37,250
- Low (80%)
- $59,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,750 | $31,600 |
| 2 Persons | $17,420 | $22,600 | $36,100 |
| 3 Persons | $21,960 | $25,400 | $40,600 |
| 4 Persons | $26,500 | $28,200 | $45,100 |
| 5 Persons | $30,500 | $30,500 | $48,750 |
| 6 Persons | $32,750 | $32,750 | $52,350 |
| 7 Persons | $35,000 | $35,000 | $55,950 |
| 8 Persons | $37,250 | $37,250 | $59,550 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Englewood, TN?+
The Fair Market Rent (FMR) for McMinn County, TN is: $719 (Studio), $813 (1BR), $950 (2BR), $1234 (3BR), $1265 (4BR). Actual rent at subsidized properties like Cherokee Hills Apts (Englewood) is typically 30% of household income or less.
What size apartments are available at Cherokee Hills Apts (Englewood)?+
Cherokee Hills Apts (Englewood) offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
Who manages Cherokee Hills Apts (Englewood)?+
Cherokee Hills Apts (Englewood) is managed by . You can reach them at .
What is the price range for apartments in Englewood, TN?+
Based on Fair Market Rent for McMinn County, the estimated price range is: 1-bedroom: $813, 2-bedroom: $950. Actual rent at Cherokee Hills Apts (Englewood) may be lower for income-eligible households.
What are the income limits for affordable housing in McMinn County, TN?+
For a 4-person household in McMinn County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,200, Low Income (80% AMI): $45,100. These limits are set by HUD and updated annually.
How do I apply for housing at Cherokee Hills Apts (Englewood)?+
Cherokee Hills Apts (Englewood) is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Walk Score
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