Mountain Hollow

100 Mountain Hollow Ct, Elizabethton, TN 37643

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Project-Based Rental Assistance
check_circle  Family and Senior
check_circle  Affordable

Waitlist Forecast

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.

Live life to the fullest at Mountain Hollow Apartments in Elizabethton, Tennessee! Mountain Hollow Apartments is an income restricted property that features spacious, well-appointed 1-, 2- and 3-bedroom layouts, each offering central heat/air, hookups for washer/dryer and cable television, a fully equipped kitchen with pantry, blinds on the windows, and plenty of extra storage inside and out.

Residents also enjoy the convenience of a clubhouse/community room with laundry facilities, as well as an outdoor picnic area on the grounds. We are convenient to lots of shopping and dining options, and garbage removal is included in the rent.

Dave's Thoughts On Mountain Hollow

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 Mountain Hollow 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Mountain Hollow Amenities

  • Playground
  • Community Room
  • Clubhouse
  • On-Site Manager
  • Gazebo
  • Ceiling Fan(s)
  • Emergency Pull Cord
  • Dishwasher
  • Garbage Disposal
  • Microwave
  • Washer and Dryer Hookup
  • Refrigerator
  • Oven and Range
  • Extra Storage
  • Grilling Area
  • Kitchen Pantry
  • Community Garden
  • Central Heat & Air
  • Cable & Internet Ready
  • Laundry Facilities
  • Picnic Area
  • Private Patio and Balcony

Units at Mountain Hollow

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/2) - Call for Price
Three Bedroom (3/2) - Call for Price

Income Qualification for Mountain Hollow

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
30% AMI for PBRA Units $15,000 / year $19,720 / year $24,860 / year $30,000 / year $35,140 / year $40,280 / year
50% AMI for LIHTC Units $25,000 / year $28,550 / year $32,100 / year $35,650 / year $38,550 / year $41,400 / year
50% AMI for PBRA Units $25,000 / year $28,550 / year $32,100 / year $35,650 / year $38,550 / year $41,400 / year
60% AMI for LIHTC Units $30,000 / year $34,260 / year $38,520 / year $42,780 / year $46,260 / year $49,680 / year
80% AMI for PBRA Units $39,950 / year $45,650 / year $51,350 / year $57,050 / year $61,650 / year $66,200 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Mountain Hollow

Does Mountain Hollow have a waiting list?

Mountain Hollow 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 Mountain Hollow?

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 Mountain Hollow?

Mountain Hollow is managed by Olympia Management INC headquartered in Albertville, AL.

In addition to Mountain Hollow, how many other affordable housing properties (and units) are there in Elizabethton?

In addition to Mountain Hollow, we list 9 other affordable properties in Elizabethton. Learn about these properties here. Our data research shows that there are a total of 742 affordable units in Elizabethton.

When was the Mountain Hollow listing last updated?

Mountain Hollow listing on Affordable Housing Online was last updated on 03/07/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Mountain Hollow

Lynnwood Apartments

1235 Bluefield Ave, Elizabethton, Tennessee 37643

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Lynnridge Apartments

1266 Bluefield Ave, Elizabethton, Tennessee 37643

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Village East Apartments

200 North East St, Elizabethton, Tennessee 37643

switch_access_shortcut Short Wait
elderly Senior

The Courtyard

710 S 2nd St, Elizabethton, Tennessee 37643

payment Subsidized

Franklin Place

1506 State Line Rd, Elizabethton, Tennessee 37643

payment Subsidized
elderly Senior
accessibility Accessible

429 W G St

429 W G St, Elizabethton, Tennessee 37643

bed 1
payment $575/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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