955 Boynton Dr, Chattanooga, TN 37402
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property may have a RAD Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
Boynton Terrace offers 250 units located in the town of Chattanooga, TN.
Since Boynton Terrace Apartments participates in the RAD Section 8 Project-Based Section 8 Program, your rent would be subsidized. 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. Also, project-based RAD Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the RAD Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $16,750 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $27,900 / year | $31,850 / year | $35,850 / year | $39,800 / year | $43,000 / year | $46,200 / year | $49,400 / year | $52,550 / year |
| 50% AMI for PBRA Units | $27,900 / year | $31,850 / year | $35,850 / year | $39,800 / year | $43,000 / year | $46,200 / year | $49,400 / year | $52,550 / year |
| 80% AMI for PBRA Units | $44,600 / year | $51,000 / year | $57,350 / year | $63,700 / year | $68,800 / year | $73,900 / year | $79,000 / year | $84,100 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Boynton Terrace Apartments have a waiting list?
Boynton Terrace Apartments 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 Boynton Terrace Apartments?
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 Boynton Terrace Apartments, how many other affordable housing properties (and units) are there in Chattanooga?
In addition to Boynton Terrace Apartments, we list 67 other affordable properties in Chattanooga. Learn about these properties here. Our data research shows that there are a total of 5584 affordable units in Chattanooga.
5465 Highway 58, Chattanooga, Tennessee 37416
500 W Martin Luther King Blvd., Chattanooga, Tennessee 37402
2108 Chestnut Street, Chattanooga, Tennessee 37408
779 Martin Luther King Blvd, Chattanooga, Tennessee 37403
2515 Gilbert Street, Chattanooga, Tennessee 37406
If you're a homeless veteran, contact your VA Medical Center.
You may have an opportunity to apply for a VASH voucher, which is a Section 8 voucher for homeless veterans.Takesha Powell says:
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