Parkwood Villa Apartments

3258 Brick Church Pike, Nashville, Tennessee 37207

Parkwood Villa Apartments, located at 3258 Brick Church Pike in Nashville, has one, two and three bedroom apartments. Parkwood Villa Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 742 $764
2 Bedroom (2/1) 943 $913
3 Bedroom (3/2) 1142 $1,048

Parkwood Villa Apartments Details

  • 160 one, two and three bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • On-Site Management
  • Sports Courts
  • Playground
  • Picnic Area
  • State of the Art On-site Clothes Care Center

Unit Amenities

  • Ceiling Fan(s)
  • Garbage Disposal
  • Refrigerator
  • Central Heat & Air
  • Stove
  • Private Patio/Balcony
  • Full-Size Washer & Dryer Connections
  • Large Closets

About Parkwood Villa Apartments

Parkwood Villa features unique 1, 2 and 3 bedroom apartment homes that underwent a multi-million dollar renovation. Our community has income guidelines based upon the size of your household and gross annual income (see below). Our amenities include: modern kitchen appliances, central heat/air and washer/dryer connections. There is also a sports court, BBQ/picnic area, playground and walking track. We are conveniently located in Nashville near Interstate I-24 and Briley Parkway, so you are just minutes from: downtown, the Nashville
Zoo, many dining venues and numerous colleges.

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.

Nashville 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 Nashville but actual income limits may differ for units at Parkwood Villa Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $28,000 $32,000 $36,000 $40,000 $43,200 $46,400 $49,600 $52,800
Low Income (60%) $33,600 $38,400 $43,200 $48,000 $51,840 $55,680 $59,520 $63,360

Parkwood Villa Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Image of Parkwood Villa Apartments
Image of Parkwood Villa Apartments
Image of Parkwood Villa Apartments
Image of Parkwood Villa Apartments
Image of Parkwood Villa Apartments
Image of Parkwood Villa Apartments

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