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Lake Ridge Apartments

900 Vaughn Dr, Tiptonville, Tennessee 38079

Lake Ridge Apartments are 1 and 2 bedroom family units. The amenities and features include: Ceiling Fan(s), Central Heat/Air, Dishwasher, Fire Stops, Garbage Disposal, Laundry Room, On-Site Maintenance, On-Site Manager, Parking, Play Ground, Range/Hood, Refrigerator, Security, Smoke Alarms, and Two-Story.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price

Lake Ridge Apartments Details

  • 44 0 and 0 bedroom units.
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

  • Playground
  • Laundry Room
  • On-Site Management
  • On-Site Parking
  • On-Site Maintenance
  • On Site Security

Unit Amenities

  • Ceiling Fan(s)
  • Dishwasher
  • Garbage Disposal
  • Refrigerator
  • Central Heat & Air
  • Electric Range

Office Hours

Day Hours
Monday 8:00am-4:30pm
Tuesday 8:00am-4:30pm
Wednesday 8:00am-4:30pm
Thursday 8:00am-4:30pm
Friday 8:00am-4:30pm

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Tiptonville HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Tiptonville but actual income limits may differ for units at Lake Ridge Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $12,760 $17,240 $21,720 $26,200 $29,600 $31,800 $34,000 $36,200
50% $19,200 $21,950 $24,700 $27,400 $29,600 $31,800 $34,000 $36,200
80% $30,700 $35,100 $39,500 $43,850 $47,400 $50,900 $54,400 $57,900

Tiptonville 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 Tiptonville but actual income limits may differ for units at Lake Ridge Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $19,200 $21,950 $24,700 $27,400 $29,600 $31,800 $34,000 $36,200
Low Income (60%) $23,040 $26,340 $29,640 $32,880 $35,520 $38,160 $40,800 $43,440

Lake Ridge Apartments is managed by MACO Management Company.

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