About This Property
Waterview Commons Phase I offers 120 low-income units in Hendersonville, Tennessee, serving families through a mix of one-, two-, and three-bedroom apartments. The property includes 16 one-bedroom, 72 two-bedroom, and 32 three-bedroom units and has been in service since 1995. Financed through 9% Low-Income Housing Tax Credits, the community provides affordable rental housing in Sumner County.
Property Details
Fair Market Rent - Sumner 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 | $1,404 |
| 1 Bedroom | $1,442 |
| 2 Bedroom | $1,619 |
| 3 Bedroom | $2,035 |
| 4 Bedroom | $2,482 |
Income Limits - Sumner County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,550
- Low (80%)
- $47,250
- Extremely Low (30%)
- $20,250
- Very Low (50%)
- $33,750
- Low (80%)
- $54,000
- Extremely Low (30%)
- $22,800
- Very Low (50%)
- $37,950
- Low (80%)
- $60,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,150
- Low (80%)
- $67,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,550
- Low (80%)
- $72,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,900
- Low (80%)
- $78,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,300
- Low (80%)
- $83,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,650
- Low (80%)
- $89,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,750 | $29,550 | $47,250 |
| 2 Persons | $20,250 | $33,750 | $54,000 |
| 3 Persons | $22,800 | $37,950 | $60,750 |
| 4 Persons | $26,500 | $42,150 | $67,450 |
| 5 Persons | $31,040 | $45,550 | $72,850 |
| 6 Persons | $35,580 | $48,900 | $78,250 |
| 7 Persons | $40,120 | $52,300 | $83,650 |
| 8 Persons | $44,660 | $55,650 | $89,050 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hendersonville, TN?+
The Fair Market Rent (FMR) for Sumner County, TN is: $1404 (Studio), $1442 (1BR), $1619 (2BR), $2035 (3BR), $2482 (4BR). Actual rent at subsidized properties like Waterview Commons Phase I is typically 30% of household income or less.
What size apartments are available at Waterview Commons Phase I?+
Waterview Commons Phase I offers the following unit types: 16 One-Bedroom, 72 Two-Bedroom, 32 Three-Bedroom units, for a total of 120 units.
What are the income limits for affordable housing in Sumner County, TN?+
For a 4-person household in Sumner County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,150, Low Income (80% AMI): $67,450. These limits are set by HUD and updated annually.
Who manages Waterview Commons Phase I?+
Waterview Commons Phase I is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Hendersonville, TN?+
Based on Fair Market Rent for Sumner County, the estimated price range is: 1-bedroom: $1442, 2-bedroom: $1619, 3-bedroom: $2035. Actual rent at Waterview Commons Phase I may be lower for income-eligible households.
Who is eligible to live at Waterview Commons Phase I?+
Waterview Commons Phase I primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Waterview Commons Phase I?+
Waterview Commons Phase I 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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Waterview Commons Phase I
Waterview Apartments
Hendersonville, TN
160 UnitsOld Hickory Towers
Old Hickory, TN
216 UnitsSouthburn Sfd
Hendersonville, TN
1 UnitsBayview Dr Sfd
Gallatin, TN
1 UnitsCardinal Sfd
Hendersonville, TN
1 UnitsThe Residences of Galatin
Gallatin, TN
188 Units