About This Property
Old Hickory Towers provides 216 affordable units in Nashville, Tennessee, with 210 designated as low-income housing. The community offers 206 one-bedroom and 10 two-bedroom units designed for families and has been in service since 1996. A non-profit organization owns and manages the property.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Davidson 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 - Davidson 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Old Hickory, TN?+
The Fair Market Rent (FMR) for Davidson County, TN is: $1404 (Studio), $1442 (1BR), $1619 (2BR), $2035 (3BR), $2482 (4BR). Actual rent at subsidized properties like Old Hickory Towers is typically 30% of household income or less.
What size apartments are available at Old Hickory Towers?+
Old Hickory Towers offers the following unit types: 206 One-Bedroom, 10 Two-Bedroom units, for a total of 216 units.
What is the price range for apartments in Old Hickory, TN?+
Based on Fair Market Rent for Davidson County, the estimated price range is: 1-bedroom: $1442, 2-bedroom: $1619. Actual rent at Old Hickory Towers may be lower for income-eligible households.
What is the HUD inspection score for Old Hickory Towers?+
Old Hickory Towers has a HUD inspection score of 88 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Who is eligible to live at Old Hickory Towers?+
Old Hickory Towers primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Davidson County, TN?+
For a 4-person household in Davidson 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 Old Hickory Towers?+
Old Hickory Towers is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Old Hickory Towers?+
Old Hickory Towers 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.
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