295 W Red Sox Ln, Memphis, TN 38105
Waiting List Forecast: Likely Long or Closed for Public Housing units, and Likely Short or None for other affordable units
Verified for 2023 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2.5 Baths | 692 - 1,292 Sq Ft |
Since this property may have HUD-funded Public Housing with subsidies that help pay tenants' rent, the property is likely to have a long waiting list. Housing authorities often open these waiting lists periodically. Important: Housing authorities don't always open housing waiting lists at a property-specific level or even allow applicants to choose at which property they can live. Many times, the housing authority will assign an applicant to a property without giving the applicant a choice.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Located minutes away from downtown, Legends Park is nestled in the secluded Medical District neighborhood of Memphis, Tennessee. they feature one and two-bedroom garden apartment homes and two and three-bedroom townhomes. Each unit boasts a spacious kitchen with energy-efficient appliances and sleek cabinetry. For your convenience, They provide central heating and air conditioning, an intrusion alarm, and a full-sized washer and dryer.
Their community is perfect for people who love to be outside! We have six play areas for children. There’s ample room to enjoy activities with friends and family. Spend the day at their refreshing swimming pool; the sundeck has plenty of sun chaises and a splash pool for all day fun! You can even host large get-togethers in our spacious, modern community room.
Their community amenities also include a business/computer area and a wellness center, furnished with state-of-the-art cardio and weight machines.
Pets are welcome residents at Legends Park. Enjoy a walk around their friendly neighborhood with your best friend. Schedule a tour today to see why Legends Park Apartments should be your new home!
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC programonly provides subsidies to the building’s owner at construction. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Legends Park North has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. Records show this property may have been recently associated with the Public Housing program, which means it could have a new RAD Section 8 Project-Based Rental Assistance contract. LIHTC properties tend to have shorter waiting lists however, since this property may have a project-based subsidy, the waiting list may be much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, if this property has a RAD Section 8 Project-Based Rental Assistance contract, your Section 8 voucher cannot be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a possibly longer waiting list if this is indeed a RAD property.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom Garden Apartment (1/1) | 692ft2 | Call for Price† |
| 2 Bedroom Garden Apartment (2/1) | 911ft2 | Call for Price† |
| 2 Bedroom Townhouse Apartment (2/1.5) | 958ft2 | Call for Price† |
| 3 Bedroom Townhouse Apartment (3/2.5) | 1292ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $17,050 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year |
| 50% AMI for LIHTC Units | $28,350 / year | $32,400 / year | $36,450 / year | $40,500 / year | $43,750 / year | $47,000 / year |
| 50% AMI for PBRA Units | $28,350 / year | $32,400 / year | $36,450 / year | $40,500 / year | $43,750 / year | $47,000 / year |
| 60% AMI for LIHTC Units | $34,020 / year | $38,880 / year | $43,740 / year | $48,600 / year | $52,500 / year | $56,400 / year |
| 80% AMI for PBRA Units | $45,400 / year | $51,850 / year | $58,350 / year | $64,800 / year | $70,000 / year | $75,200 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Legends Park North have a waiting list?
Legends Park North probably has a waiting list. Since our research has shown there are some public housing units at this property, the waiting list would be for those units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Legends Park North?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Legends Park North?
Legends Park North is managed by McCormack Baron Management headquartered in Saint Louis , Missouri.
In addition to Legends Park North, how many other affordable housing properties (and units) are there in Memphis?
In addition to Legends Park North, we list 384 other affordable properties in Memphis. Learn about these properties here. Our data research shows that there are a total of 21450 affordable units in Memphis.
When was the Legends Park North listing last updated?
Legends Park North listing on Affordable Housing Online was last updated on 01/02/2023 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.
645 North Main, Memphis, Tennessee 38107
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