Eaglewood V Apartments, located at 600 Eaglewood Dr in Dyersburg, has one and two bedroom apartments. Eaglewood V Apartments participates in the Section 515 Rural Rental Housing and Section 521 USDA Rental Assistance programs.
|1 Bedroom (1/1)||-||Call for Price|
|2 Bedroom (2/1)||-||Call for Price|
Eaglewood Apartments offers 1 and 2 bedroom family apartments. The amenities and features include: Central Heat/Air, Fire Stops, Laundry Room, On-Site Maintenance, On-Site Manager, Parking, Range/Hood, Refrigerator, and Smoke Alarms.
This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.
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 Dyersburg but actual income limits may differ for units at Eaglewood V Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$19,500||$22,300||$25,100||$27,850||$30,100||$32,350||$34,550||$36,800|
|Low Income (60%)||$23,400||$26,760||$30,120||$33,420||$36,120||$38,820||$41,460||$44,160|
Eaglewood V Apartments 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.
Eaglewood V Apartments is managed by MACO Management Company.