Ocoee Village

1350 2nd Street, NE, Cleveland, Tennessee 37311

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Ocoee Village is managed by Alco Management Inc..

Ocoee Village is an affordable apartment community offering 1-, 2-, and 3-bedroom units. This community has a basketball court, playground, and on-site maintenance, management, and laundry facilities for use by the residents.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 750 Income Based
Two Bedroom (2/1) 838 Income Based
Three Bedroom (3/1) 956 Income Based

Eligibility for Ocoee Village

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 Cleveland but actual income limits may differ for units at Ocoee Village.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
30% $14,580 $19,720 $24,860 $30,000 $35,140 $40,100
50% $24,200 $27,650 $31,100 $34,550 $37,350 $40,100
80% $38,750 $44,250 $49,800 $55,300 $59,750 $64,150

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 Cleveland but actual income limits may differ for units at Ocoee Village.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $24,200 $27,650 $31,100 $34,550 $37,350 $40,100

Ocoee Village Details

  • 50 one, two and three bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Basketball Court
  • On-Site Manager
  • On-Site Maintenance
  • Laundry Facilities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Window Coverings
  • Carpet
  • Refrigerator
  • Balconies or Patios Available

Office Hours

Day Hours
Monday 8:00am-5:00pm
Tuesday 8:00am-5:00pm
Wednesday 8:00am-5:00pm
Thursday 8:00am-5:00pm
Friday 8:00am-5:00pm
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.

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.

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