About This Property
Mountain Hollow offers 48 low-income units in Elizabethton, Tennessee, serving families and disabled residents. The property contains eight 1-bedroom, twenty 2-bedroom, and twenty 3-bedroom apartments and has been in service since 2011. A non-profit organization owns and manages the community, which was funded through TCAP and utilizes 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Elizabethton Housing and Development Agency
Applications are accepted weekly from singles, elderly, and families. Eligibility is determined by income and non-economic criteria. Applications are maintained on a waiting list according to the date and time the application was filed.
Applications for the Voucher program will not be accepted until further notice. A public notice will be given when the list is reopened. The waiting list is based on date and time of application. There are two waiting lists: Voucher only and Voucher/Mod Rehab.
Waitlist data provided by section8waitlist.org
Updated June 17, 2026
Property Details
Fair Market Rent - Carter 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 | $864 |
| 1 Bedroom | $870 |
| 2 Bedroom | $1,070 |
| 3 Bedroom | $1,343 |
| 4 Bedroom | $1,561 |
Income Limits - Carter County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,150
- Low (80%)
- $33,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,150
- Low (80%)
- $38,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,150
- Low (80%)
- $43,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,150
- Low (80%)
- $48,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,600
- Low (80%)
- $52,150
- Extremely Low (30%)
- $35,000
- Very Low (50%)
- $35,000
- Low (80%)
- $56,000
- Extremely Low (30%)
- $37,400
- Very Low (50%)
- $37,400
- Low (80%)
- $59,850
- Extremely Low (30%)
- $39,800
- Very Low (50%)
- $39,800
- Low (80%)
- $63,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,150 | $33,800 |
| 2 Persons | $17,420 | $24,150 | $38,600 |
| 3 Persons | $21,960 | $27,150 | $43,450 |
| 4 Persons | $26,500 | $30,150 | $48,250 |
| 5 Persons | $31,040 | $32,600 | $52,150 |
| 6 Persons | $35,000 | $35,000 | $56,000 |
| 7 Persons | $37,400 | $37,400 | $59,850 |
| 8 Persons | $39,800 | $39,800 | $63,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Elizabethton, TN?+
The Fair Market Rent (FMR) for Carter County, TN is: $864 (Studio), $870 (1BR), $1070 (2BR), $1343 (3BR), $1561 (4BR). Actual rent at subsidized properties like Mountain Hollow is typically 30% of household income or less.
What size apartments are available at Mountain Hollow?+
Mountain Hollow offers the following unit types: 8 One-Bedroom, 20 Two-Bedroom, 20 Three-Bedroom units, for a total of 48 units.
Who is eligible to live at Mountain Hollow?+
Mountain Hollow primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Mountain Hollow?+
Mountain Hollow is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Mountain Hollow?+
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.
How do I apply for housing at Mountain Hollow?+
Mountain Hollow 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.
What are the income limits for affordable housing in Carter County, TN?+
For a 4-person household in Carter County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,150, Low Income (80% AMI): $48,250. These limits are set by HUD and updated annually.
What is the price range for apartments in Elizabethton, TN?+
Based on Fair Market Rent for Carter County, the estimated price range is: 1-bedroom: $870, 2-bedroom: $1070, 3-bedroom: $1343. Actual rent at Mountain Hollow may be lower for income-eligible households.
Contact Information
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