Low Income (LIHTC)Opening Soon

Memphis 2003

665 E Alston Ave, Memphis, TN, 38126

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

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About This Property

Memphis 2003 is a four-unit affordable housing property in Memphis, Tennessee that serves low-income residents. All units are four-bedroom configurations and have been in service since 2005. The property is supported through 4% Low-Income Housing Tax Credit financing.

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 17, 2026

Property Details

Total Units

4 Bedroom

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.

Bedrooms	FMR
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

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

Tax Credit Program Details

Year Placed in Service

2005

LIHTC Credit Type

Low-Income Units

4 / 4

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 Memphis 2003 is typically 30% of household income or less.

What size apartments are available at Memphis 2003?+

Memphis 2003 offers the following unit types: 4 Four-Bedroom units, for a total of 4 units.

How do I apply for housing at Memphis 2003?+

Memphis 2003 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.

Is there a waitlist for Memphis 2003?+

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.

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.

Who manages Memphis 2003?+

Memphis 2003 is managed by . You can reach them at . Visit their website for more information.

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