Affordable Housing Hub
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John Madison Exum Towers I & Ii

3125 Sharpe Ave, Memphis, TN, 38111

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

John Madison Exum Towers I & II contains 239 low-income units in Memphis, TN and has been in service since 2016. The property serves elderly residents and is located in Shelby County. Housing units at this property are available for individuals and families meeting income eligibility requirements.

Waitlist Information

Waitlist managed by Memphis Housing Authority

Public Housing Waitlist
Opening Soon
Opens September 8, 2026
Apply: Online

The Memphis Housing Authority will be accepting online applications for several Public Housing apartments, with openings occurring when units become available at each site.

Last verified February 19, 2026
Section 8 (HCV) Waitlist
Closed

MHA's Housing Choice Voucher Program (HCVP) waiting list is currently closed and is not accepting applications at this time. MHA will publicly advertise when the waiting list re-opens.

Last verified February 18, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 2026

Property Details

Fair Market Rent - Shelby County, TN

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,031
1 Bedroom$1,146
2 Bedroom$1,298
3 Bedroom$1,711
4 Bedroom$1,995

Income Limits - Shelby County, TN

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$14,450
Very Low (50%)
$24,050
Low (80%)
$38,500
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$27,500
Low (80%)
$44,000
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$30,950
Low (80%)
$49,500
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$34,350
Low (80%)
$54,950
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$37,100
Low (80%)
$59,350
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$39,850
Low (80%)
$63,750
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$42,600
Low (80%)
$68,150
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$45,350
Low (80%)
$72,550

Tax Credit Program Details

Year Placed in Service
2016
LIHTC Credit Type
3
Target Population
Elderly
Funding Programs
Rental Assistance
Designations
Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Memphis, TN?+

The Fair Market Rent (FMR) for Shelby County, TN is: $1031 (Studio), $1146 (1BR), $1298 (2BR), $1711 (3BR), $1995 (4BR). Actual rent at subsidized properties like John Madison Exum Towers I & Ii is typically 30% of household income or less.

What are the income limits for affordable housing in Shelby County, TN?+

For a 4-person household in Shelby County, TN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,350, Low Income (80% AMI): $54,950. These limits are set by HUD and updated annually.

Is there a waitlist for John Madison Exum Towers I & Ii?+

Public Housing waitlist is currently Opening Soon and is expected to open for applications soon. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

Who manages John Madison Exum Towers I & Ii?+

John Madison Exum Towers I & Ii is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at John Madison Exum Towers I & Ii?+

John Madison Exum Towers I & Ii 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.

Who is eligible to live at John Madison Exum Towers I & Ii?+

John Madison Exum Towers I & Ii primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Begin Application Now

Walk Score

Somewhat Walkable

56
Walk
29
Transit
48
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Shelby County, TN

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Housing Resources in Memphis, TN

HUD-Approved Counseling Agencies

MEMPHIS AREA LEGAL SERVICES, INC.

Mortgage Delinquency and Default Resolution Counseling

NACA (NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA) MEMPHIS, TN

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

NID-HCA HARRELL

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops