About This Property
Hope Hall Center comprises 24 one-bedroom units designated for low-income households in Toone, Tennessee. The property has been in service since 1994 and operates under 9% Low-Income Housing Tax Credits. A nonprofit organization owns and manages the community.
Property Details
Fair Market Rent - Hardeman 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 | $651 |
| 1 Bedroom | $655 |
| 2 Bedroom | $861 |
| 3 Bedroom | $1,213 |
| 4 Bedroom | $1,232 |
Income Limits - Hardeman 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Toone, TN?+
The Fair Market Rent (FMR) for Hardeman County, TN is: $651 (Studio), $655 (1BR), $861 (2BR), $1213 (3BR), $1232 (4BR). Actual rent at subsidized properties like Hope Hall Center is typically 30% of household income or less.
What size apartments are available at Hope Hall Center?+
Hope Hall Center offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
How do I apply for housing at Hope Hall Center?+
Hope Hall Center 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.
What is the price range for apartments in Toone, TN?+
Based on Fair Market Rent for Hardeman County, the estimated price range is: 1-bedroom: $655. Actual rent at Hope Hall Center may be lower for income-eligible households.
What are the income limits for affordable housing in Hardeman County, TN?+
For a 4-person household in Hardeman 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 Hope Hall Center?+
Hope Hall Center is managed by . You can reach them at . Visit their website for more information.
Contact Information
Location
Hardeman County, TN
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