Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

Terrace View Townhomes

1366 Crescent Dr, Cookeville, TN, 38501

Information verified May 9, 2026·We re-check waiting list status daily

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About This Property

Terrace View Townhomes comprises 23 three-bedroom units in Cookeville, Tennessee, serving low-income families and disabled residents. The property has been in service since 2000 and provides affordable housing options in Putnam County.

Waitlist Information

Waitlist managed by Highlands Residential Services

Public Housing Waitlist
Open
Apply: Multiple

Pre-applications are accepted for families and senior/disabled individuals, with specific communities catering to seniors 62+ and the elderly/disabled. An application interview is required after completing the pre-application, and declining two invitations will purge the application from the waitlist.

Last verified May 2, 2026
Section 8 (HCV) Waitlist
Closed

Highlands Residential Services is not currently accepting applications for any of its locations.

Last verified April 24, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
23
3 Bedroom
23

Fair Market Rent - Putnam County, TN

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$760
1 Bedroom$764
2 Bedroom$991
3 Bedroom$1,368
4 Bedroom$1,578

Income Limits - Putnam County, TN

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$12,880
Very Low (50%)
$20,800
Low (80%)
$33,250
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$23,750
Low (80%)
$38,000
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$26,700
Low (80%)
$42,750
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$29,650
Low (80%)
$47,450
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$32,050
Low (80%)
$51,250
6 Persons
Extremely Low (30%)
$34,400
Very Low (50%)
$34,400
Low (80%)
$55,050
7 Persons
Extremely Low (30%)
$36,800
Very Low (50%)
$36,800
Low (80%)
$58,850
8 Persons
Extremely Low (30%)
$39,150
Very Low (50%)
$39,150
Low (80%)
$62,650

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Tax Credit Program Details

Year Placed in Service
2000
LIHTC Credit Type
3
Low-Income Units
23 / 23
Target Population
FamiliesDisabled

Frequently Asked Questions

What is the average rent for affordable housing in Cookeville, TN?+

The Fair Market Rent (FMR) for Putnam County, TN is: $760 (Studio), $764 (1BR), $991 (2BR), $1368 (3BR), $1578 (4BR). Actual rent at subsidized properties like Terrace View Townhomes is typically 30% of household income or less.

What size apartments are available at Terrace View Townhomes?+

Terrace View Townhomes offers the following unit types: 23 Three-Bedroom units, for a total of 23 units.

What is the price range for apartments in Cookeville, TN?+

Based on Fair Market Rent for Putnam County, the estimated price range is: 3-bedroom: $1368. Actual rent at Terrace View Townhomes may be lower for income-eligible households.

How do I apply for housing at Terrace View Townhomes?+

Terrace View Townhomes is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, 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.

Who manages Terrace View Townhomes?+

Terrace View Townhomes is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Terrace View Townhomes?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

What are the income limits for affordable housing in Putnam County, TN?+

For a 4-person household in Putnam County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,650, Low Income (80% AMI): $47,450. These limits are set by HUD and updated annually.

Who is eligible to live at Terrace View Townhomes?+

Terrace View Townhomes primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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Walk Score

Almost All Errands Require a Car

12
Walk
15
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Putnam County, TN

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