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 |
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 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.
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.
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.
Who manages Spring Green Apts?+
Spring Green Apts is managed by . You can reach them at .
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.