Villas at Metro

469 Ponder Pl, Nashville, Tennessee 37228

The Villas at Metro Center is affordable apartment living with a wonderful location, contemporary features and amenities with comfort and style. It is conveniently located directly behind the Post Office, right off Rosa L. Parks Boulevard. We feature 2 and 3 bedroom units.

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Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - $825
3 Bedroom (3/1) - $925

Villas at Metro Details

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

Nearby Amenities

  • Near Post Office

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 Villas at Metro.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $29,550 $33,750 $37,950 $42,150 $45,550 $48,900 $52,300 $55,650
Low Income (60%) $35,460 $40,500 $45,540 $50,580 $54,660 $58,680 $62,760 $66,780

Villas at Metro is managed by First Cumberland Properties.

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