Terrace Townhomes

1366 Crescent Dr., Cookeville, Tennessee 38501

Welcome home to Terrace View Townhomes in Cookeville, Tennessee. Terrace View Townhomes for rent are designed to take care of all your needs. Featuring two floor plans with three bedrooms and two full bathrooms each. We are a 100% all electric community with electric heating and air conditioning, dishwasher, and washer and dryer connections. Terrace View is the perfect place to call home. Terrace View Townhomes are pet-friendly. Experience the townhome lifestyle you've been looking for. Take in our beautiful landscaping or explore the picturesque neighborhood. Enjoy the convenience of 24-hour emergency maintenance and some paid utilities included. Give them a call today and come see what Terrace View Townhomes in Cookeville, TN has to offer.

Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - Call for Price
Three Bedroom (3/2) 1057 From $800

Terrace Townhomes Details

  • 23 two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • 24hr Emergency Maintenance

Unit Amenities

  • Dishwasher
  • Garbage Disposal
  • Cable Ready
  • Window Coverings
  • Carpet
  • Refrigerator
  • Water Included
  • Water Trash and Sewer Included
  • Full-Size Washer & Dryer Connections

Nearby Amenities

  • Close to Dining
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital

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.

Cookeville 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 Cookeville but actual income limits may differ for units at Terrace Townhomes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $20,800 $23,750 $26,700 $29,650 $32,050 $34,400 $36,800 $39,150
Low Income (60%) $24,960 $28,500 $32,040 $35,580 $38,460 $41,280 $44,160 $46,980

Terrace Townhomes is managed by Perry Reid Properties.

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Image of Terrace Townhomes
Image of Terrace Townhomes