Creekwood Apartments

612 S 4th St, Rocky Top, Tennessee 37769

Seniors 62 and Over and Disabled and Handicapped Regardless of Age for Newly Renovated Apartment Homes.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 650 Income Based
2 Bedroom (2/1) 800 Income Based

Creekwood Apartments Details

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

Property Amenities

  • Community Room
  • Resident Service Coordinator
  • Laundry Facility

Unit Amenities

  • Refrigerator
  • Stove
  • Fully Equipped Kitchen

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.

Rocky Top 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 Rocky Top but actual income limits may differ for units at Creekwood Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,550 $29,200 $32,850 $36,500 $39,450 $42,350 $45,300 $48,200
Low Income (60%) $30,660 $35,040 $39,420 $43,800 $47,340 $50,820 $54,360 $57,840

Creekwood Apartments is managed by Emerald Housing Management.

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