Bayberry Apartments

2300 Wilson Street, Chattanooga, Tennessee 37406

Contact Bayberry Apartments

Recently renovated, Bayberry Apartments is an affordable housing community located at 2300 Wilson Street, Chattanooga, TN and managed by ALCO Management, Inc. Bayberry Apartments offers 1, 2, and 3 bedroom apartments ranging in size from 608 to 958 sq.ft. Amenities include Air Conditioning, Business Center, Laundry Facility, and more. The property is located in the Avondale area.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	635	Income Based
Two Bedrooms (2/1)	762	Income Based
Three Bedrooms (3/1)	909	Income Based

Eligibility for Bayberry Apartments

Bayberry Apartments Details

32 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 223
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)
Section 236

Property Amenities

Playground
Business Center
On-Site Manager
On-Site Maintenance
Laundry Facilities
Wheel Chair Accessible

Unit Amenities

Air Conditioning
Carpet
Hardwood Floors
Refrigerator
Energy Efficient Appliances

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-4:00pm
Thursday	9:00am-4:00pm
Friday	9:00am-12:00pm

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 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.