Red Oaks

700 Dew St., Nashville, TN 37206

Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units

check_circleVerified for 2021 by Lorena Bentley

Rent	Beds	Baths	SqFt
$1,150 - 1,500 per Month^†	1 - 3 Beds	1 - 2 Baths	653 - 1,304 Sq Ft

Call (615) 780-7076

Waitlist Forecast

Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Section 8 PBRA

Red Oak Flats is a contemporary mixed-income residential development in East Nashville, just one mile from downtown Nashville. This brand new development features one-, two-, and three-bedroom apartments and townhomes with market-rate amenities including Energy Star® appliances, granite countertops and balconies, some of which offer a spectacular view of the downtown Nashville skyline. Our smoke-free community provides easy access to the interstate and downtown and is located less than a mile from Nissan Stadium and Five Points, which offers exceptional dining, entertainment and shopping options. Monthly rents for workforce and market-rate apartments start from $1150.

Dave's Thoughts On Red Oaks

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the RAD Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Red Oaks has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a RAD Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you need help paying your rent and are willing to wait for a longer waiting list.

~ Dave Layfield, Founder of Affordable Housing Online

Red Oaks Amenities

Elevator
Playground
On-Site Manager
Close to Public Transportation
Garage
Dishwasher
Washer and Dryer Hookup
Cable Ready
Spacious Closets
Grilling Area
On-Site Maintenance
Stainless Steel Appliances
Smoke Free
Wireless Internet Access
Courtyard
Private Patio and Balcony

Units at Red Oaks

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	653ft²	$1,150 $1,300^†
Two Bedroom (2/2)	970ft²	$1,250 $1,500^†
Three Bedroom (3/2)	1304ft²	Call for Price^†

Income Qualification for Red Oaks

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people
30% AMI for PBRA Units	$21,000 / year	$24,000 / year	$27,000 / year	$30,000 / year	$35,140 / year	$40,280 / year
50% AMI for LIHTC Units	$34,950 / year	$39,950 / year	$44,950 / year	$49,900 / year	$53,900 / year	$57,900 / year
50% AMI for PBRA Units	$34,950 / year	$39,950 / year	$44,950 / year	$49,900 / year	$53,900 / year	$57,900 / year
60% AMI for LIHTC Units	$41,940 / year	$47,940 / year	$53,940 / year	$59,880 / year	$64,680 / year	$69,480 / year
80% AMI for PBRA Units	$55,900 / year	$63,900 / year	$71,900 / year	$79,850 / year	$86,250 / year	$92,650 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Red Oaks

Does Red Oaks have a waiting list?

Red Oaks probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Red Oaks?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

In addition to Red Oaks, how many other affordable housing properties (and units) are there in Nashville?

In addition to Red Oaks, we list 219 other affordable properties in Nashville. Learn about these properties here. Our data research shows that there are a total of 19881 affordable units in Nashville.