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Valley Oaks is a 48-unit family-style housing community located in North Knoxville with convenient access to Interstate 40. In 2010, the property underwent a $1.6 million redesign process that transformed the apartments through building facade enhancements to increase the attractiveness of the community, infrastructure upgrades and extensive interior renovations.
The apartments were renovated as part of Enterprise Green Communities, a national green building program for affordable housing. The energy-efficient upgrades ensured conservation of water and lowering of utility costs.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom One Bath (2/1) | - | Call for Price |
Day | Hours |
---|---|
Monday | 7:30am-4:00pm |
Tuesday | 7:30am-4:00pm |
Wednesday | 7:30am-4:00pm |
Thursday | 7:30am-4:00pm |
Friday | 7:30am-4:00pm |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Knoxville but actual income limits may differ for units at Valley Oaks Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $15,350 | $17,550 | $21,960 | $26,500 | $31,040 | $35,580 | $40,120 | $44,660 |
50% | $25,550 | $29,200 | $32,850 | $36,500 | $39,450 | $42,350 | $45,300 | $48,200 |
80% | $40,900 | $46,750 | $52,600 | $58,400 | $63,100 | $67,750 | $72,450 | $77,100 |
Valley Oaks Apartments is managed by Knoxville Community Development Corporation.