7343 Lawgiver Circle, Knoxville, TN 37721
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $815 - 935 per Month† | 2 - 3 Beds | 1 - 2 Baths | 908 - 1,116 Sq Ft |
This property is currently under construction.
Woodbury Crossing is a community that offers the opportunity to stay active and social with a community room and Playground. This tobacco-free property offers 2- and 3-bedroom homes with laminate floors and energy-efficient appliances. This property provides on site management and maintenance and is conveniently located 5 minutes from Don Jose Mexican Grill and Walgreens, 6 minutes from the Midway IGA, and 10 min from Halls Library.
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. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Woodbury Crossing does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, 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 have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/1) | 908ft2 | $815 $820† |
| Three Bedroom (3/2) | 1116ft2 | $935† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $30,250 / year | $34,600 / year | $38,900 / year | $43,200 / year | $46,700 / year | $50,150 / year |
| 50% AMI for PBRA Units | $30,250 / year | $34,600 / year | $38,900 / year | $43,200 / year | $46,700 / year | $50,150 / year |
| 60% AMI for LIHTC Units | $36,300 / year | $41,520 / year | $46,680 / year | $51,840 / year | $56,040 / year | $60,180 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Woodbury Crossing have a waiting list?
Woodbury Crossing probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Woodbury Crossing?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Woodbury Crossing?
Woodbury Crossing is managed by Woda Cooper Companies, Inc. headquartered in Columbus, OH.
In addition to Woodbury Crossing, how many other affordable housing properties (and units) are there in Knoxville?
In addition to Woodbury Crossing, 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.
When was the Woodbury Crossing listing last updated?
Woodbury Crossing listing on Affordable Housing Online was last updated on 11/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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Applying for housing with bad credit.
Most HUD housing programs, like Section 8 and Public Housing, do not have a credit check. But Section 8 landlords will likely require one for an available unit.LMarie Murphy says:
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