Timber Ridge Coop I

201 Timber Knoll Dr, Chattanooga, TN 37421

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
Call for Rents Floorplan Info Upon Request - -
check_circle  Project-Based Rental Assistance

Waitlist Forecast

Since this property may have a 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.

Dave's Thoughts On Timber Ridge Coop I

Since Timber Ridge Coop I participates in the Section 8 Project-Based Rental Assistance 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 Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Timber Ridge Coop I

*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 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.

FAQs for Timber Ridge Coop I

Does Timber Ridge Coop I have a waiting list?

Timber Ridge Coop I 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 Timber Ridge Coop I?

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 Timber Ridge Coop I, how many other affordable housing properties (and units) are there in Chattanooga?

In addition to Timber Ridge Coop I, 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.

Listings Near Timber Ridge Coop I

Silvertree Seniors of Chattanooga

5465 Highway 58, Chattanooga, Tennessee 37416

bed 1-2
switch_access_shortcut Short Wait
elderly Senior

Bayberry Apartments

2300 Wilson Street, Chattanooga, Tennessee 37406

bed 1-3
payment Subsidized
accessibility Accessible

River View Tower Apartments

500 W Martin Luther King Blvd., Chattanooga, Tennessee 37402

bed Studio-1
payment Subsidized
accessibility Accessible

Chestnut Flats

2108 Chestnut Street, Chattanooga, Tennessee 37408

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Magnolia Gardens Apartments

779 Martin Luther King Blvd, Chattanooga, Tennessee 37403

bed 2-3
switch_access_shortcut Short Wait
accessibility Accessible

Maple Hills Apartments

2515 Gilbert Street, Chattanooga, Tennessee 37406

bed 2-3
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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