Algood Manor Apartments

100 Maddux Ct, Cookeville, Tennessee 38506
Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 815 Call for Price
2 Bedroom (2/1) 1025 Call for Price
2 Bedroom (2/1.5) 1030 Call for Price
3 Bedroom (3/1.5) 1450 Call for Price

Eligibility for Algood Manor Apartments

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 Cookeville but actual income limits may differ for units at Algood Manor Apartments .

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $24,600 $28,100 $31,600 $35,100 $37,950 $40,750
Low Income (60%) $29,520 $33,720 $37,920 $42,120 $45,540 $48,900

Algood Manor Apartments Details

  • 58 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • On-Site Manager
  • Wheel Chair Accessible

Unit Amenities

  • Air Conditioning
  • Washer and Dryer Included
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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