Elk Meadows Apartments

18 Elk Lane, Coalmont, Tennessee 37313

WELCOME TO ELK MEADOWS
Elk Meadows offers 1 and 2-bedroom apartments that feature energy efficient appliances, air conditioner, ceiling fans, and more. Our community offers a business center and on-site laundry and is conveniently located 2 minutes from Grundy County High School and Stewart's Produce, 4 minutes from One Stop Market, 6 minutes from USPS, and 1 hour from the heart of Chattanooga.

Housing vouchers welcome. Rental assistance may be available. Apply online today or call to learn more about how you can call Elk Meadows home.

Units

Unit (Bd/Ba) Ft2 Rent
One Bed One Bath (1/1) - Call for Price
Two Bedroom One Bath (2/1) - Call for Price

Elk Meadows Apartments Details

  • 24 1 and 2 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Business Center
  • On-Site Manager
  • Laundry Facilities

Unit Amenities

  • Air Conditioning
  • Ceiling Fan(s)
  • Dishwasher
  • Garbage Disposal
  • Microwave
  • Water Trash and Sewer 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.

Coalmont 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 Coalmont but actual income limits may differ for units at Elk Meadows Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $22,100 $25,250 $28,400 $31,550 $34,100 $36,600 $39,150 $41,650
Low Income (60%) $26,520 $30,300 $34,080 $37,860 $40,920 $43,920 $46,980 $49,980

Elk Meadows Apartments is managed by Woda Cooper Companies, Inc..