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South Ridge Apartments

1311 Bertie Rand St, Knoxville, Tennessee 37920

South Ridge Apartments offer a 2 bedroom apartment. This community is convenietly located near KAT Busline.

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Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/2) 906 Call for Price

South Ridge Apartments Details

  • 72 two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Community Room
  • 24hr Emergency Maintenance
  • On-Site Management
  • Resident Service Coordinator
  • On-Site Maintenance
  • Playground
  • Picnic Area

Unit Amenities

  • Dishwasher
  • Garbage Disposal
  • Washer/Dryer Hookup
  • Cable Ready
  • Patio, Deck Or Balcony
  • Sewer Included
  • Water Included
  • Fully Equipped Kitchen

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.

Knoxville 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 Knoxville but actual income limits may differ for units at South Ridge Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,550 $29,200 $32,850 $36,500 $39,450 $42,350 $45,300 $48,200
Low Income (60%) $30,660 $35,040 $39,420 $43,800 $47,340 $50,820 $54,360 $57,840

South Ridge Apartments is managed by Emerald Housing Management.

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