381 McConnell St., Knoxville, TN 37914
Waiting List Forecast: Closed
Verified for 2023 by Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 4 Beds | 1 - 2.5 Baths | - |
Autumn Landing, Five Points 2, Five Points 3, Five Points 4, Lonsdale Homes, Mechanicsville, Montgomery Village, Nature’s Cove, North Ridge Crossing, Passport, The Vista at Summit Hill, Valley Oaks Apartments, and Western Heights Family-Style Housing Waiting List
The Knoxville Community Development Corporation (KCDC) last accepted Family-Style Housing waiting list applications for apartments at multiple properties from the earliest confirmed open date of June, 2021, until January 1, 2024. There is no notice when this waiting list will reopen.
This waiting list is for the following properties:
To apply while the waitlist was open, applicants were required to complete the online application.
Preferences have not been confirmed.
It was not known how applicants will be placed on the waiting list.
For more information, visit the KCDC website.
Sources: This information was verified by the KCDC property application page on January 10, 2024.
Go to the public housing authority page for this waiting list >>
The Five Points community underwent a large scale revitalization. This community now offers 1-, 2-, 3-, and 4-bedroom units each with central heat and air, washer and dryer connections, and a dishwasher. The community also has a playground, a computer center, and storage units in certain units.
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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the RAD Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Five Pointe has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a RAD Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom One Half Bathroom (2/1.5) | - | Call for Price† |
| Two Bedroom Two Bathroom (2/2) | - | Call for Price† |
| Three Bedroom Two Bathrooms (3/2) | - | Call for Price† |
| Three Bedroom Two Half Bathroom (3/2.5) | - | Call for Price† |
| Four Bedroom (4/2.5) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $18,150 / year | $20,750 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $30,250 / year | $34,600 / year | $38,900 / year | $43,200 / year | $46,700 / year | $50,150 / year | $53,600 / year | $57,050 / year |
| 50% AMI for PBRA Units | $30,250 / year | $34,600 / year | $38,900 / year | $43,200 / year | $46,700 / year | $50,150 / year | $53,600 / year | $57,050 / year |
| 60% AMI for LIHTC Units | $36,300 / year | $41,520 / year | $46,680 / year | $51,840 / year | $56,040 / year | $60,180 / year | $64,320 / year | $68,460 / year |
| 80% AMI for PBRA Units | $48,400 / year | $55,300 / year | $62,200 / year | $69,100 / year | $74,650 / year | $80,200 / year | $85,700 / year | $91,250 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Five Pointe have a waiting list?
Five Pointe has a waiting list. See above for waiting list details.
Are rents subsidized at Five Pointe?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
In addition to Five Pointe, how many other affordable housing properties (and units) are there in Knoxville?
In addition to Five Pointe, we list 99 other affordable properties in Knoxville. Learn about these properties here. Our data research shows that there are a total of 10459 affordable units in Knoxville.
When was the Five Pointe listing last updated?
Five Pointe listing on Affordable Housing Online was last updated on 10/25/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Report unemployment income to your housing agency.
All employment income is required to be reported for federal housing assistance - including unemployment income.Gina Pocan says:
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