10 Garden Loop Ct, Dunlap, TN 37327
Waiting List Forecast: Likely Short or None
Verified for 2019 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $475 - 525 per Month† | 2 - 3 Beds | 1 - 2 Baths | 825 - 950 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Valley View Gardens is a friendly community that offers 2 and 3-bedroom apartments at a convenient location in Dunlap, Tennessee. The spacious apartments include energy efficient electric appliances, washer/dryer hookups, and patios. This community features a laundry facility, picnic area, and more. Valley View Gardens is 5-minutes from shopping and dining and is 5-minutes from Sequatchie County Veterans Memorial Park. Contact them to speak with the friendly local staff and find out how you can make Valley View Gardens your new home!
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Valley View Garden Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 2 Bedroom (2/1) | 825ft2 | $475† |
| 3 Bedroom (3/2) | 950ft2 | $525† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $27,900 / year | $31,850 / year | $35,850 / year | $39,800 / year | $43,000 / year | $46,200 / year |
| 50% AMI for PBRA Units | $27,900 / year | $31,850 / year | $35,850 / year | $39,800 / year | $43,000 / year | $46,200 / year |
| 60% AMI for LIHTC Units | $33,480 / year | $38,220 / year | $43,020 / year | $47,760 / year | $51,600 / year | $55,440 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Valley View Garden Apartments have a waiting list?
Valley View Garden Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Valley View Garden Apartments?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Valley View Garden Apartments?
Valley View Garden Apartments is managed by Woda Cooper Companies, Inc. headquartered in Columbus, OH.
In addition to Valley View Garden Apartments, how many other affordable housing properties (and units) are there in Dunlap?
In addition to Valley View Garden Apartments, we list 7 other affordable properties in Dunlap. Learn about these properties here. Our data research shows that there are a total of 253 affordable units in Dunlap.
300 Cedar St, Dunlap, Tennessee 37327
Housing options for seniors.
Many housing programs have apartments or entire properties restricted to senior residents only, including Section 202 Supportive Housing for the Elderly.Tangala Tonya Mcfashion says:
"Affordable Housing Online is very useful and keeps you updated on all of the information."