Charles Seviers Towers, located at 150 N Charles G Seivers Blvd in Clinton, has one bedroom apartments. Charles Seviers Towers participates in the Section 8 Project-Based Rental Assistance and Low-Income Housing Tax Credit (LIHTC) programs.
|1 Bedroom (1/1)||470||$767|
Welcome to Charles Seivers Towers Apartments, an apartment community for families and those 62 and better, handicapped, or disabled. Enjoy the comfort of quiet, community living here at Charles Seivers Towers Apartments!
Our spacious 1 bedroom apartment homes are thoughtfully designed with your comfort and convenience in mind. In addition to our great floor plan and maintenance-free living, our community has the amenities you want and deserve. For your pleasure, our community features on-site Laundry, community room, and computer room. For your benefit, our community's service coordinators are readily available to assist you with your needs. Charles Seivers Towers Apartments is ideally situated to give you easy access to the best of what the area has to offer. We are located a short distance from the Clinch River, movie theater, community center, and shopping.
Here at Charles Seivers Towers Apartments, we understand that your pet is a special part of your family. We are pet friendly and look forward to making your furry friend a part of our community! Call us today to make an appointment to see for yourself why Charles Seivers Towers Apartments should be your new home. We look forward to hearing from you!
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.
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.
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 Clinton but actual income limits may differ for units at Charles Seviers Towers.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$24,500||$28,000||$31,500||$34,950||$37,750||$40,550||$43,350||$46,150|
|Low Income (60%)||$29,400||$33,600||$37,800||$41,940||$45,300||$48,660||$52,020||$55,380|
Charles Seviers Towers was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.
Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.
Charles Seviers Towers is managed by Millennia Housing Management.