Meadow Apartments is a well-planned, well cared for community, with the kind of make-yourself-at-home feeling that convinces you that you would be comfortable here. Meadow Wood is a two and three bedroom apartment community featuring garden apartments surrounded by an active lifestyle community, making everyday living an exceptional experience. Everything about Meadow Wood Apartments portrays the quality of the community, the design of the apartment homes, and the care with which the members of the management staff undertake their responsibilities.
|Two Bedroom (2/2)||984||Call for Price|
|Three Bedroom (3/2)||1023||Call for Price|
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.
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 Smyrna but actual income limits may differ for units at Meadow Wood Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$33,050||$37,750||$42,450||$47,150||$50,950||$54,700||$58,500||$62,250|
|Low Income (60%)||$39,660||$45,300||$50,940||$56,580||$61,140||$65,640||$70,200||$74,700|
Meadow Wood Apartments is managed by CAPREIT.