1427 Lebanon Pike, Nashville, TN 37210
Waiting List Forecast: Closed
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $949 - 1,138 per Month† | 1 - 2 Beds | 1 - 2 Baths | 600 - 900 Sq Ft |
Sycamores Terrace Waiting List
The Metropolitan Development and Housing Agency (MDHA) Senior Section 8 Project-Based Voucher waiting list for 1 and 2-Bedroom apartments at Sycamores Terrace is currently closed. Applications were last accepted from May 4, 2021 until May 11, 2021.
Please note: According to the MDHA, "In order to qualify for elderly housing, the head of household or spouse must be at least 62 years old."
To apply during the opening period, applicants were required to complete the online application.
The maximum income limits for each household size are were available on the frequently asked questions page.
This waiting list had the following preferences:
Selected applicants were placed on the waiting list by date and time the application is received, weighed by order of preferences.
For more information, visit the MDHA website.
Sources: This information was verified by the MDHA public notice on April 29, 2021.
Go to the public housing authority page for this waiting list >>
Sycamores Terrace Senior Apartments are an affordable community offering newly renovated 1- and 2-bedroom units. This community has a central laundry facility, planned social activities, a fitness center, community room, and computer center.
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 Sycamores Terrace Senior Apartments 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 |
|---|---|---|
| One Bedroom (1/1) | 600ft2 | $949† |
| Two Bedroom (2/2) | 900ft2 | $1,138† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $34,950 / year | $39,950 / year | $44,950 / year | $49,900 / year |
| 50% AMI for PBRA Units | $34,950 / year | $39,950 / year | $44,950 / year | $49,900 / year |
| 60% AMI for LIHTC Units | $41,940 / year | $47,940 / year | $53,940 / year | $59,880 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Sycamores Terrace Senior Apartments have a waiting list?
Sycamores Terrace Senior Apartments has a waiting list. See above for waiting list details.
Are rents subsidized at Sycamores Terrace Senior Apartments ?
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 Sycamores Terrace Senior Apartments ?
Sycamores Terrace Senior Apartments is managed by Emerald Housing Management headquartered in Knoxville, Tennessee.
In addition to Sycamores Terrace Senior Apartments , how many other affordable housing properties (and units) are there in Nashville?
In addition to Sycamores Terrace Senior Apartments , we list 358 other affordable properties in Nashville. Learn about these properties here. Our data research shows that there are a total of 19881 affordable units in Nashville.
When was the Sycamores Terrace Senior Apartments listing last updated?
Sycamores Terrace Senior Apartments listing on Affordable Housing Online was last updated on 10/30/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
501 Forest Park Road, Nashville, Tennessee 37115
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