About This Property
Spring Green Apts offers 48 low-income residential units in Ooltewah, Tennessee, with a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 1990 and is financed through 4% Low-Income Housing Tax Credits. This non-profit owned community provides affordable housing options for eligible households in Hamilton County.
Property Details
Fair Market Rent - Hamilton 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 | $1,068 |
| 1 Bedroom | $1,085 |
| 2 Bedroom | $1,232 |
| 3 Bedroom | $1,569 |
| 4 Bedroom | $1,784 |
Income Limits - Hamilton County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,000
- Very Low (50%)
- $25,000
- Low (80%)
- $39,950
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,550
- Low (80%)
- $45,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,100
- Low (80%)
- $51,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,650
- Low (80%)
- $57,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,550
- Low (80%)
- $61,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,400
- Low (80%)
- $66,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,250
- Low (80%)
- $70,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,100
- Low (80%)
- $75,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,000 | $25,000 | $39,950 |
| 2 Persons | $17,420 | $28,550 | $45,650 |
| 3 Persons | $21,960 | $32,100 | $51,350 |
| 4 Persons | $26,500 | $35,650 | $57,050 |
| 5 Persons | $31,040 | $38,550 | $61,650 |
| 6 Persons | $35,580 | $41,400 | $66,200 |
| 7 Persons | $40,120 | $44,250 | $70,750 |
| 8 Persons | $44,660 | $47,100 | $75,350 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ooltewah, TN?+
The Fair Market Rent (FMR) for Hamilton County, TN is: $1068 (Studio), $1085 (1BR), $1232 (2BR), $1569 (3BR), $1784 (4BR). Actual rent at subsidized properties like Spring Green Apts is typically 30% of household income or less.
What size apartments are available at Spring Green Apts?+
Spring Green Apts offers the following unit types: 16 One-Bedroom, 24 Two-Bedroom, 8 Three-Bedroom units, for a total of 48 units.
What is the price range for apartments in Ooltewah, TN?+
Based on Fair Market Rent for Hamilton County, the estimated price range is: 1-bedroom: $1085, 2-bedroom: $1232, 3-bedroom: $1569. Actual rent at Spring Green Apts may be lower for income-eligible households.
How do I apply for housing at Spring Green Apts?+
Spring Green Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 manages Spring Green Apts?+
Spring Green Apts is managed by . You can reach them at .
What are the income limits for affordable housing in Hamilton County, TN?+
For a 4-person household in Hamilton County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,650, Low Income (80% AMI): $57,050. These limits are set by HUD and updated annually.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.