Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Preston Taylor Homes I

812 40th Ave N, Nashville, TN, 37209

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Preston Taylor Homes I comprises 137 low-income units in Nashville, Tennessee, serving families and disabled residents since 2002. The property offers a mix of floor plans including 20 one-bedroom, 66 two-bedroom, 41 three-bedroom, and 10 four-bedroom units. The community is managed and available to eligible households in Davidson County.

Waitlist Information

Waitlist managed by Nashville Metropolitan Development & Housing Agency

Public Housing Waitlist
Closed

MDHA is not currently accepting applications for their affordable housing waiting lists. This includes Public Housing.

Last verified February 21, 2026
Section 8 (HCV) Waitlist
Closed

MDHA is not currently accepting applications for their voucher program waiting lists.

Last verified February 21, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 2026

Property Details

Total Units
137
1 Bedroom
20
2 Bedroom
66
3 Bedroom
41
4 Bedroom
10

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$17,750
Very Low (50%)
$29,550
Low (80%)
$47,250
2 Persons
Extremely Low (30%)
$20,250
Very Low (50%)
$33,750
Low (80%)
$54,000
3 Persons
Extremely Low (30%)
$22,800
Very Low (50%)
$37,950
Low (80%)
$60,750
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$42,150
Low (80%)
$67,450
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$45,550
Low (80%)
$72,850
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$48,900
Low (80%)
$78,250
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$52,300
Low (80%)
$83,650
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$55,650
Low (80%)
$89,050

Tax Credit Program Details

Year Placed in Service
2002
LIHTC Credit Type
3
Low-Income Units
137 / 137
Target Population
FamiliesDisabled
Designations
Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Nashville, 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 Preston Taylor Homes I is typically 30% of household income or less.

What size apartments are available at Preston Taylor Homes I?+

Preston Taylor Homes I offers the following unit types: 20 One-Bedroom, 66 Two-Bedroom, 41 Three-Bedroom, 10 Four-Bedroom units, for a total of 137 units.

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.

What is the price range for apartments in Nashville, TN?+

Based on Fair Market Rent for Davidson County, the estimated price range is: 1-bedroom: $1442, 2-bedroom: $1619, 3-bedroom: $2035. Actual rent at Preston Taylor Homes I may be lower for income-eligible households.

Is there a waitlist for Preston Taylor Homes I?+

Public Housing waitlist is currently Closed. 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.

Who manages Preston Taylor Homes I?+

Preston Taylor Homes I is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Preston Taylor Homes I?+

Preston Taylor Homes I 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.

Who is eligible to live at Preston Taylor Homes I?+

Preston Taylor Homes I primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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Walk Score

Somewhat Walkable

59
Walk
41
Transit
29
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Davidson County, TN

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Housing Resources in Nashville, TN

HUD-Approved Counseling Agencies

APPRISEN - CCCS OF THE MIDWEST - NASHVILLE

Mortgage Delinquency and Default Resolution CounselingFinancial Management/Budget CounselingNon-Delinquency Post Purchase Workshops

AAA RESIDENTIAL RESOURCES, INC.

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

AFFORDABLE HOUSING RESOURCES OF NASHVILLE, INC

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops