801 N Holtzclaw Ave, Chattanooga, TN 37404
Waiting List Forecast: Open Until Further Notice
Verified for 2021 by Connor Bailey, Lorena Bentley, Joshua CappellRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 2 Beds | 1 Bath | - |
Emerald Villages and Fairmount Apartments Waiting List
The Chattanooga Housing Authority (CHA) is accepting Section 8 Project-Based Voucher waiting list applications for Emerald Villages and Fairmount Apartments from the earliest confirmed open date of October 2, 2023, until further notice.
To apply while the waitlist is open, complete the online application.
Preferences have not yet been confirmed.
Selected applicants will be placed on the waiting list by date and time the application is received.
For more information, visit the CHA website.
Sources: This information was verified by the CHA website on October 2, 2023.
Go to the public housing authority page for this waiting list >>
Emerald Villages is a group of newly renovated scattered communities in Chattanooga. These communities, missionary Heights, Glenwood East, Glenwood North, and Woodside Apartments, all received upgrades to their kitchens and bathrooms, new energy efficient appliances, updated flooring, HVAC systems, and new plumbing.
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 Emerald Villages 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
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | - | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people |
---|---|---|---|---|
30% AMI for PBRA Units | $16,750 / year | $19,720 / year | $24,860 / year | $30,000 / year |
50% AMI for LIHTC Units | $27,900 / year | $31,850 / year | $35,850 / year | $39,800 / year |
50% AMI for PBRA Units | $27,900 / year | $31,850 / year | $35,850 / year | $39,800 / year |
60% AMI for LIHTC Units | $33,480 / year | $38,220 / year | $43,020 / year | $47,760 / year |
80% AMI for PBRA Units | $44,600 / year | $51,000 / year | $57,350 / year | $63,700 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Emerald Villages have a waiting list?
Emerald Villages has a waiting list. See above for waiting list details.
Are rents subsidized at Emerald Villages?
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 Emerald Villages, how many other affordable housing properties (and units) are there in Chattanooga?
In addition to Emerald Villages, we list 188 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
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Selina Irene says:
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