The Meadows Apartments - TN

About This Building

Affordable Housing Option in Rockwood, TN The Meadows Apartments offer a Low-Income Housing Tax Credit (LIHTC) apartment located in Rockwood, TN. These rental apartments are designed to provide affordable housing options for individuals in need, thanks to the support of the LIHTC program. This program ensures that both the rent and income restrictions are applicable, making it accessible to those who qualify. Encouraging Affordable Housing The LIHTC program provides incentives to builders and developers, encouraging them to contribute to the provision of affordable housing for low-income individuals. The maximum rent charged at these apartments is based on the Area Median Income (AMI), ensuring that it remains affordable for such individuals. Consideration of Affordability It is important to note that despite the efforts to maintain affordability, the AMI calculations may still result in this apartment being unaffordable for some low-income individuals. We highly recommend checking the current rental rates to determine if it aligns with your affordability. Everyone deserves a comfortable living environment, and we want to make sure that the Meadows Apartments can meet your financial needs. Options for Low-Income Individuals The Meadows Apartments offer 49 low-income one and two-bedroom apartments. However, it's common for apartments to have waiting lists. To begin the application process and determine if you meet the qualifications to live here, please contact them directly using the provided number. We understand the importance of finding suitable housing that fits within your budget. By providing this information and the necessary headings, we aim to help you navigate this process and find the affordable housing option that suits your needs.