600 Creative Way, Madisonville, TN 37115
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,243 - 1,432 per Month† | 2 - 3 Beds | 2 Baths | 1,142 - 1,325 Sq Ft |
This property is currently under construction.
Welcome to The Briarville Apartment Homes, a brand-new affordable family apartment community in Madison, TN, just north of Nashville. Briarville offers 2- and 3-bedroom homes to fit your needs and budget. Each of the Briarville apartments for rent provides first-rate features and amenities, like faux wood flooring, central heat and air conditioning, washer and dryer connections in unit, walk-in closets, and kitchens with energy-efficient appliances.
Briarville residents also enjoy a state-of-the-art fitness center, swimming pool, package lockers, dog run, business center, and much more. Conveniently located in the suburb of Madison, Briarville is the perfect place to call home for anyone who wants to live just outside of Nashville while still having quick access to I-64 and US-31E to commute to anywhere in the Nashville area.
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 The Briarville 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 (2/2) | 1142ft2 | $1,243† |
| Three Bedroom (3/2) | 1325ft2 | $1,432† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $23,400 / year | $26,750 / year | $30,100 / year | $33,400 / year | $36,100 / year | $38,750 / year |
| 50% AMI for PBRA Units | $23,400 / year | $26,750 / year | $30,100 / year | $33,400 / year | $36,100 / year | $38,750 / year |
| 60% AMI for LIHTC Units | $28,080 / year | $32,100 / year | $36,120 / year | $40,080 / year | $43,320 / year | $46,500 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Briarville have a waiting list?
The Briarville 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 The Briarville?
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 The Briarville?
The Briarville is managed by LDG Development headquartered in Austin, Texas.
In addition to The Briarville, how many other affordable housing properties (and units) are there in Madisonville?
In addition to The Briarville, we list 15 other affordable properties in Madisonville. Learn about these properties here. Our data research shows that there are a total of 1192 affordable units in Madisonville.
When was the The Briarville listing last updated?
The Briarville listing on Affordable Housing Online was last updated on 11/08/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Courtney Cannon Scott says:
"Affordable Housing Online is a very good, comprehensive resource for finding affordable housing in the U.S. and its territories!"