Tanner Manor Apartments
2216 E Broadway Rd
Phoenix, Maricopa County, Arizona 85040

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Funding Programs

Tanner Manor Apartments was developed and operates with Federal housing financing. The property utilizes 3 Federal housing programs to make rent affordable to lower income tenants. These programs are Low Income Housing Tax Credit, HOME, and Community Development Block Grant.

Low Income Housing Tax Credit

The property was developed using the Low Income Housing Tax Credit Program. This program incentivizes investors to inject capital into rental apartments for lower income Americans. The property received a tax credit allocation in 2001. The property was placed in service in 2003. 70 of 110 units at Tanner Manor Apartments are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was located in a Qualified Census Tract qualifying it for additional tax credit financing.

HOME Investment Partnership

The property was financed in part with financing through the Federal HOME Investment Partnership Program. 70 of the 110 total units at Tanner Manor Apartments are assisted under the HOME program.

Community Development Block Grant

The property was financed with partial financing through the Federal Community Development Block Grant Program (CDBG) which provides general funding to local governments to help create affordable housing and economic development opportunities. Tanner Manor Apartments received $0 ($0 per unit) of financing through the CDBG Program.

Overview

Tanner Manor Apartments is an affordable apartment community located in Phoenix, Arizona which is located in Maricopa County. The property is located in Arizona's 6th Congressional District served by Representative David Schweikert (R), Senator John McCain (R) and Senator Jeff Flake (R).

Tanner Manor Apartments is an apartment community containing 110 rental units. The property contains 157 bedrooms and based on typical apartment occupancy limits, Tanner Manor Apartments is home to not more than 282 persons when fully occupied.

Rental Subsidies

This property does not provide any Federal rent subsidies to renters reducing total tenant payments to 30% of their adjusted income. Renters are required to pay the full rent, even if it is in excess of 30% of their income. In some cases the property may accept Section 8 Housing Choice vouchers.

Unit Mix

Tanner Manor Apartments contains a mix of 110 assisted one and two bedroom apartments for rent. There are 63 One Bedroom and 47 Two Bedroom apartments in this property. The unit mix is 57% One Bedroom and 43% Two Bedroom apartment rentals. The average bedroom size for Tanner Manor Apartments is 1.43.

Arizona's 6th

Congressional District

110

Total Units

70

Tax Credit Units

70

CDBG Units

70

HOME Units

One and Two

Unit Mix

1.43

Average Bedroom Size

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† These counts are estimates based on the data available from HUD. Learn More About Our Data