1171 Armstrong Ave, Knoxville, TN 37917
Waiting List Forecast: Closed
Verified for 2019 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 2 Beds | 1 Bath | - |
Cagle Terrace, Love Towers and Residences at Five Points Elderly/Disabled Designated Housing Waiting List
The Knoxville Community Development Corporation (KCDC) last accepted Elderly/Disabled Designated Housing waiting list applications for apartments at Cagle Terrace, Love Towers and Residences at Five Points Apartments from the earliest confirmed open date of June, 2021, until January 1, 2024. It is not known when this waiting list will reopen.
Please note: According to the KCDC, "Must be Elderly (62 or older) or have a Disability"
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 >>
Located in historic Old North Knoxville off Broadway, Guy B. Love Towers is a high-rise property with two seven-story apartment buildings. The building provides a safe, comfortable community for seniors, disabled and near-elderly individuals. Love Towers has a community room with social activities and special events for a vibrant, active lifestyle. A landscaped courtyard with picnic tables and grills is available, as well as a community garden maintained by residents.
Since Guy B. Love Towers participates in the RAD Section 8 Project-Based Section 8 Program, your rent would be subsidized. 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. Also, project-based RAD Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the RAD Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | - | Call for Price† |
| One Bedroom One Bath (1/1) | - | Call for Price† |
| Two Bedroom One Bath (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $18,150 / year | $20,750 / year | $24,860 / year | $30,000 / year |
| 50% AMI for LIHTC Units | $30,250 / year | $34,600 / year | $38,900 / year | $43,200 / year |
| 50% AMI for PBRA Units | $30,250 / year | $34,600 / year | $38,900 / year | $43,200 / year |
| 80% AMI for PBRA Units | $48,400 / year | $55,300 / year | $62,200 / year | $69,100 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Guy B. Love Towers have a waiting list?
Guy B. Love Towers has a waiting list. See above for waiting list details.
Are rents subsidized at Guy B. Love Towers?
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 Guy B. Love Towers, how many other affordable housing properties (and units) are there in Knoxville?
In addition to Guy B. Love Towers, we list 120 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.
7209 Old Clinton Pike, Knoxville, Tennessee 37921
317 McConnell St, Knoxville, Tennessee 37915
579 McConnell St, Knoxville, Tennessee 37915
3935 Martin Mill Pike, Knoxville, Tennessee 37920
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