About This Property
Cherokee Hills Apts offers 24 low-income units in Englewood, Tennessee, consisting of eight 1-bedroom and sixteen 2-bedroom apartments. The property has been in service since 1987 and is owned by a non-profit organization. Financing includes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - McMinn 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 | $719 |
| 1 Bedroom | $813 |
| 2 Bedroom | $950 |
| 3 Bedroom | $1,234 |
| 4 Bedroom | $1,265 |
Income Limits - McMinn 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 Englewood, TN?+
The Fair Market Rent (FMR) for McMinn County, TN is: $719 (Studio), $813 (1BR), $950 (2BR), $1234 (3BR), $1265 (4BR). Actual rent at subsidized properties like Cherokee Hills Apts (Englewood) is typically 30% of household income or less.
What size apartments are available at Cherokee Hills Apts (Englewood)?+
Cherokee Hills Apts (Englewood) offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
How do I apply for housing at Cherokee Hills Apts (Englewood)?+
Cherokee Hills Apts (Englewood) 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 Englewood, TN?+
Based on Fair Market Rent for McMinn County, the estimated price range is: 1-bedroom: $813, 2-bedroom: $950. Actual rent at Cherokee Hills Apts (Englewood) may be lower for income-eligible households.
Who manages Cherokee Hills Apts (Englewood)?+
Cherokee Hills Apts (Englewood) is managed by . You can reach them at .
What are the income limits for affordable housing in McMinn County, TN?+
For a 4-person household in McMinn 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
Car-Dependent
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