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Affordable Housing Option in Knoxville, TN Morningside Gardens: Low-Income Housing Tax Credit Apartment Incentivizing Affordable Housing for Low-Income Individuals Located in Knoxville, TN, Morningside Gardens offers affordable rental apartments for individuals seeking low-cost housing options. Supported by the Low-Income Housing Tax Credit (LIHTC) program, these apartments are subject to rent and income restrictions. AMI and Affordability Considerations The LIHTC program aims to encourage builders and developers to provide housing options that are affordable for low-income individuals. The maximum rent charged at Morningside Gardens is determined based on the Area Median Income (AMI). However, it is important to note that this may still render the apartment unaffordable for low-income persons, considering the implications of the AMI. We encourage you to check the current rental rates to determine if it fits within your budget. 268 One Bedroom Apartments Morningside Gardens offers 268 one bedroom apartments for low-income individuals. These well-maintained units provide comfortable living within a supportive community. Office Hours and Waiting Lists Like most apartments, Morningside Gardens operates with waiting lists. To inquire about availability and eligibility, please contact the office directly using the provided contact number. Their friendly staff will be happy to assist you. Accepting HUD Subsidies Morningside Gardens accepts HUD subsidies, further enhancing the affordability for eligible individuals. Rent for HUD subsidized apartments is based on 30% of your Adjusted Gross Income. Please call for detailed information regarding this opportunity. For those seeking an affordable one bedroom apartment, Morningside Gardens in Knoxville, TN, may be the ideal choice. Feel free to explore this opportunity by contacting the office during their working hours (Mon-Fri, 8 am - 5 pm).
1800 Linden Ave, Knoxville, TN 37917
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