About This Property
Tremount Apts offers 45 low-income units in Sneedville, Tennessee, with a mix of 16 one-bedroom and 29 two-bedroom apartments. The property was placed in service in 1992 and utilizes 4% Low-Income Housing Tax Credits. A non-profit entity owns and operates the community.
Property Details
Fair Market Rent - Hancock 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 | $707 |
| 1 Bedroom | $767 |
| 2 Bedroom | $861 |
| 3 Bedroom | $1,041 |
| 4 Bedroom | $1,384 |
Income Limits - Hancock County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,750
- Low (80%)
- $31,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,600
- Low (80%)
- $36,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,400
- Low (80%)
- $40,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,200
- Low (80%)
- $45,100
- Extremely Low (30%)
- $30,500
- Very Low (50%)
- $30,500
- Low (80%)
- $48,750
- Extremely Low (30%)
- $32,750
- Very Low (50%)
- $32,750
- Low (80%)
- $52,350
- Extremely Low (30%)
- $35,000
- Very Low (50%)
- $35,000
- Low (80%)
- $55,950
- Extremely Low (30%)
- $37,250
- Very Low (50%)
- $37,250
- Low (80%)
- $59,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,750 | $31,600 |
| 2 Persons | $17,420 | $22,600 | $36,100 |
| 3 Persons | $21,960 | $25,400 | $40,600 |
| 4 Persons | $26,500 | $28,200 | $45,100 |
| 5 Persons | $30,500 | $30,500 | $48,750 |
| 6 Persons | $32,750 | $32,750 | $52,350 |
| 7 Persons | $35,000 | $35,000 | $55,950 |
| 8 Persons | $37,250 | $37,250 | $59,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sneedville, TN?+
The Fair Market Rent (FMR) for Hancock County, TN is: $707 (Studio), $767 (1BR), $861 (2BR), $1041 (3BR), $1384 (4BR). Actual rent at subsidized properties like Tremount Apts is typically 30% of household income or less.
What size apartments are available at Tremount Apts?+
Tremount Apts offers the following unit types: 16 One-Bedroom, 29 Two-Bedroom units, for a total of 45 units.
How do I apply for housing at Tremount Apts?+
Tremount 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 are the income limits for affordable housing in Hancock County, TN?+
For a 4-person household in Hancock County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,200, Low Income (80% AMI): $45,100. These limits are set by HUD and updated annually.
Who manages Tremount Apts?+
Tremount Apts is managed by . You can reach them at .
What is the price range for apartments in Sneedville, TN?+
Based on Fair Market Rent for Hancock County, the estimated price range is: 1-bedroom: $767, 2-bedroom: $861. Actual rent at Tremount Apts may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
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