Patterson Flats

250 GE Patterson, Memphis, Tennessee 38106

PATTERSON FLATS IS A BRAND NEW, AFFORDABLE COMMUNITY IN THE HEART OF MEMPHIS. WITH IT'S CLOSE PROXIMITY TO DINING, SHOPS AND ENTERTAINMENT, THIS PROPERTY HAS ALL YOU COULD WANT IN AN APARTMENT - INCLUDING THE PRICE! ONE, TWO AND THREE BEDROOM APARTMENT HOMES STARTING AT $600... CONTACT US TODAY TO LEARN HOW YOU CAN MAKE PATTERSON FLATS YOUR NEXT HOME! 

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - $662
Two Bedroom (2/2) - $789

Patterson Flats Details

  • 194 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Unit Amenities

  • Air Conditioning
  • Refrigerator
  • Full-Size Washer & Dryer Connections

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.

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