Chestnut Flats

2108 Chestnut Street, Chattanooga, Tennessee 37408

Affordable housing community located in Downtown Chattanooga. Provides affordable living in close proximity to many activities and convenient access to the highway. Income restrictions apply.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/2) - Call for Price

Chestnut Flats Details

  • 43 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Voucher (PBV)

Property Amenities

  • Fitness Center
  • Gated Community
  • On-Site Management
  • On-Site Maintenance

Unit Amenities

  • Washer/Dryer Hookup
  • Cable Ready
  • 9 ft. Ceilings
  • Stainless Steel Appliances
  • Private Patio/Balcony
  • Large Closets

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Chestnut Flats is managed by Elmington Property Management.

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