About This Property
Tremount Apts offers 45 low-income units in Sneedville, Tennessee, consisting of 16 one-bedroom and 29 two-bedroom apartments. The property has been in service since 1992 and receives 4% Low-Income Housing Tax Credit funding. A non-profit organization 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.
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.
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.
Who manages Tremount Apts?+
Tremount Apts is managed by . You can reach them at .
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.
Walk Score
Almost All Errands Require a Car
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