About This Property
Lynchburg Apts comprises 24 low-income rental units in Lynchburg, Tennessee, with eight one-bedroom and sixteen two-bedroom floor plans. The property has been in service since 1987 and is financed through 4% Low-Income Housing Tax Credits. A non-profit entity owns and manages the community.
Property Details
Fair Market Rent - Moore 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 | $704 |
| 1 Bedroom | $709 |
| 2 Bedroom | $887 |
| 3 Bedroom | $1,146 |
| 4 Bedroom | $1,245 |
Income Limits - Moore County, TN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,200
- Very Low (50%)
- $23,650
- Low (80%)
- $37,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,000
- Low (80%)
- $43,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,400
- Low (80%)
- $48,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,750
- Low (80%)
- $54,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,450
- Low (80%)
- $58,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,850
- Low (80%)
- $67,000
- Extremely Low (30%)
- $44,550
- Very Low (50%)
- $44,550
- Low (80%)
- $71,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,200 | $23,650 | $37,800 |
| 2 Persons | $17,420 | $27,000 | $43,200 |
| 3 Persons | $21,960 | $30,400 | $48,600 |
| 4 Persons | $26,500 | $33,750 | $54,000 |
| 5 Persons | $31,040 | $36,450 | $58,350 |
| 6 Persons | $35,580 | $39,150 | $62,650 |
| 7 Persons | $40,120 | $41,850 | $67,000 |
| 8 Persons | $44,550 | $44,550 | $71,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lynchburg, TN?+
The Fair Market Rent (FMR) for Moore County, TN is: $704 (Studio), $709 (1BR), $887 (2BR), $1146 (3BR), $1245 (4BR). Actual rent at subsidized properties like Lynchburg Apts is typically 30% of household income or less.
What size apartments are available at Lynchburg Apts?+
Lynchburg Apts offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
What is the price range for apartments in Lynchburg, TN?+
Based on Fair Market Rent for Moore County, the estimated price range is: 1-bedroom: $709, 2-bedroom: $887. Actual rent at Lynchburg Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Moore County, TN?+
For a 4-person household in Moore County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,750, Low Income (80% AMI): $54,000. These limits are set by HUD and updated annually.
Who manages Lynchburg Apts?+
Lynchburg Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Lynchburg Apts?+
Lynchburg 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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Lynchburg Apts
New Rock Creek Road Apts Ii
Tullahoma, TN
4 UnitsNew Rock Creek Road Apts I
Tullahoma, TN
8 Units
Tullahoma Housing Authority
Tullahoma, TN
385 Units
Dossett Homes
Tullahoma, TN
2 UnitsLynchburg Apts
Lynchburg, TN
24 UnitsPleasant Valley Apaartments
Lynchburg, TN
33 Units