Needmore Place

290 Needmore Rd, Clarksville, Tennessee 37040

Come discover affordable luxury at Needmore Place apartments located in Clarksville, TN. We offer modern two and three bedroom apartment homes built for today, with tomorrow in mind. Some of our amenities include a fitness facility, playground, picnic area and a community garden. With spacious floor plans that maximize space to ensure comfort and the best location in town, we provide you with the space you need to unwind and relax. They welcome you to a home that finally meets your expectations—and your budget! Stop by today and experience what affordable luxury living should be.

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Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1.5) 997 Call for Price
3 Bedroom (3/2) 1206 Call for Price

Needmore Place Details

  • 100 2 and 3 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program

Property Amenities

  • Fitness Center
  • Playground
  • On-Site Manager
  • Smoke Free
  • High Speed Internet Access
  • Picnic Area
  • Wheel Chair Accessible

Unit Amenities

  • Air Conditioning

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Clarksville Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Clarksville but actual income limits may differ for units at Needmore Place.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $24,700 $28,200 $31,750 $35,250 $38,100 $40,900 $43,750 $46,550
Low Income (60%) $29,640 $33,840 $38,100 $42,300 $45,720 $49,080 $52,500 $55,860

Needmore Place is managed by First Cumberland Properties.

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