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Lake Point Apartments: Affordable Housing in Tiptonville, TN Introduction: Welcome to Lake Point Apartments, a Low-Income Housing Tax Credit (LIHTC) apartment complex located in the beautiful town of Tiptonville, TN. If you are in search of an affordable housing option, our rental apartments are supported by the LIHTC program, offering rent and income restrictions for eligible individuals or families. Affordable Housing Incentives: The LIHTC program provides incentives to builders and developers, encouraging them to offer affordable housing options to low-income individuals. As a result, the maximum rent charged at Lake Point Apartments is based on the Area Median Income (AMI). However, it is important to note that the AMI may still render this apartment unaffordable for some low-income individuals. Rental Rates: To determine if our apartments are within your budget, we recommend checking the current rental rates. We understand that affordability is crucial, and it is always advisable to ensure that the rental price aligns with your financial situation. Apartment Options: Lake Point Apartments boasts a total of 48 one and two bedroom apartments specifically designed to cater to low-income individuals or families. Whether you are seeking a cozy one-bedroom space or a slightly more spacious two-bedroom apartment, we offer options to suit your needs. Waiting List and Application: Like many sought-after apartments, we often have waiting lists. However, we provide this listing to facilitate direct contact. Please feel free to reach out to us at the provided number to inquire about the application process and to assess your eligibility for residency. Summary: At Lake Point Apartments, we are committed to offering affordable housing to those in need. With the support of the LIHTC program, we strive to provide comfortable and cost-effective living spaces for low-income individuals or families in Tiptonville, TN. Discover our one and two bedroom apartments and reach out to us today to explore your potential residency at Lake Point Apartments.
1775 Vaughn Drive, Tiptonville, TN 38079
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