Askew Place

430 S Lauderdale St, Memphis, Tennessee 38126

They know how important it is to come home to a welcoming atmosphere. Askew Place combines comfort and convenience at a fantastic value, offering many in-home and community amenities coupled with a great location. Plus, you’ll love the high level of customer service provided by our dedicated team members.

They hope you will make Askew Place your new home by giving them a call and scheduling a tour today!

Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price
4 Bedroom (4/1) - Call for Price

Askew Place Details

  • 86 two, three and four bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • On-Site Manager
  • On-Site Maintenance

Unit Amenities

  • Dishwasher
  • Garbage Disposal
  • Washer and Dryer Hookup
  • Refrigerator
  • Electric Range

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.

Memphis 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 Memphis but actual income limits may differ for units at Askew Place.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $26,900 $30,750 $34,600 $38,400 $41,500 $44,550 $47,650 $50,700
Low Income (60%) $32,280 $36,900 $41,520 $46,080 $49,800 $53,460 $57,180 $60,840

Askew Place is managed by Envolve Communities LLC.

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