About This Property
Rosewood Place Apartments is a 64-unit affordable housing community in Selmer, Tennessee serving families and disabled residents. The property includes 52 two-bedroom units and 12 three-bedroom units, all designated as low-income housing. Placed in service in 2011, the community is funded through TCAP and utilizes 9% LIHTC credits.
Property Details
Fair Market Rent - McNairy 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 | $1,189 |
| 4 Bedroom | $1,329 |
Income Limits - McNairy 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 Selmer, TN?+
The Fair Market Rent (FMR) for McNairy County, TN is: $651 (Studio), $655 (1BR), $861 (2BR), $1189 (3BR), $1329 (4BR). Actual rent at subsidized properties like Rosewood Place Apts is typically 30% of household income or less.
What size apartments are available at Rosewood Place Apts?+
Rosewood Place Apts offers the following unit types: 52 Two-Bedroom, 12 Three-Bedroom units, for a total of 64 units.
Who is eligible to live at Rosewood Place Apts?+
Rosewood Place Apts primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Rosewood Place Apts?+
Rosewood Place Apts 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 are the income limits for affordable housing in McNairy County, TN?+
For a 4-person household in McNairy 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.
What is the price range for apartments in Selmer, TN?+
Based on Fair Market Rent for McNairy County, the estimated price range is: 2-bedroom: $861, 3-bedroom: $1189. Actual rent at Rosewood Place Apts may be lower for income-eligible households.
Who manages Rosewood Place Apts?+
Rosewood Place Apts is managed by . You can reach them at . Visit their website for more information.