Blue Ridge Landing

118 Chilhowee Cir, Benton, Tennessee 37307

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Blue Ridge Landing is managed by TM Associates Management, Inc.

Blue Ridge Landing is a friendly community that offers 1- and 2-bedroom apartments at a convenient location in Benton, Tennessee. The spacious apartments include energy efficient electric appliances, and central air. This community features a playground, business center, laundry facility, and more. They are conveniently located 3 minutes from USPS and Bakery on Main, and 5 minutes from Benton IGA and Benton Elementary School. Housing vouchers welcome. Rental assistance may be available.

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

Eligibility for Blue Ridge Landing

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 Benton but actual income limits may differ for units at Blue Ridge Landing.

AMI Band 1 Person 2 Person 3 Person 4 Person
30% $14,580 $19,720 $24,860 $30,000
50% $24,200 $27,650 $31,100 $34,550
80% $38,750 $44,250 $49,800 $55,300

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 Benton but actual income limits may differ for units at Blue Ridge Landing.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $24,200 $27,650 $31,100 $34,550
Low Income (60%) $29,040 $33,180 $37,320 $41,460

Blue Ridge Landing Details

  • 48 one and two bedroom units.
  • Water and Sewer utilities included in rent
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

  • Fitness Center
  • Playground
  • BBQ and Picnic Area
  • Laundry Facilities

Unit Amenities

  • Air Conditioning
  • Ceiling Fan(s)
  • Dishwasher
  • Garbage Disposal
  • Microwave
  • Washer and Dryer Hookup
  • Cable Ready
  • Carpet
  • Refrigerator
  • Energy Efficient Appliances
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.

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.

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