Park Place Apartments

100 Boardwalk Cove, Jackson, Tennessee 38305

Park Place Apartments, located at 100 Boardwalk Cove in Jackson, has one, two and three bedroom apartments. Park Place Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.

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Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 1023 Call for Price
One Bedroom (1/1) 958 Call for Price
Two Bedroom (2/2) 1150 Call for Price
Two Bedroom (2/2) 1150 Call for Price
Three Bedroom (3/2) 1349 Call for Price

Park Place Apartments Details

  • 96 one, two and three bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Playground
  • Community Room
  • Pool
  • Laundry Room
  • On-Site Parking

Unit Amenities

  • Dishwasher
  • Washer/Dryer Hookup
  • Cable Ready
  • Walk-in Closet(s)
  • Window Coverings
  • Carpet
  • Patio, Deck Or Balcony
  • Refrigerator
  • Extra Storage

Nearby Amenities

  • Close to Dining
  • Close to Public Transportation
  • Near Schools

About Park Place Apartments

Park Place Apartments is a wonderful affordable community located in Jackson, TN. We are located right on the bus line and are near schools. We offer 1, 2 and 3 bedroom apartments with washer/dryer hook-up, dishwasher, central heat and air, just to name a few. Call for more information!

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.

Jackson 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 Jackson but actual income limits may differ for units at Park Place 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

Park Place 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.

Park Place Apartments is managed by Ambling Management Company.

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Image of Park Place Apartments
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