Buchanan Way Apartments

3099 Buchanan Road Southeast, Cleveland, Tennessee 37323

Buchanan Way Apartments, located at 3099 Buchanan Road Southeast in Cleveland, TN has 1, 2 and 3 bedroom apartments. Buchanan Way Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 774 Call for Price
Two Bedroom (2/2) - Call for Price
Three Bedroom (3/2) 1204 Call for Price

Buchanan Way Apartments Details

  • 118 1, 2 and 3 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • High Speed Internet Access

Unit Amenities

  • Air Conditioning
  • Ceiling Fan(s)
  • Dishwasher
  • Carpet
  • Refrigerator
  • Oven and Range
  • Washer and Dryer Included

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.

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