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Waddell Gardens

3500 Old Gibson Rd, Humboldt, Tennessee 38343

Waddell Gardens, A Senior Community (55+) is a 48-unit elderly property located on Old Gibson Road, in Humboldt, TN. The complex consists of 24 two-bedroom units and 24 one-bedroom units. Each unit is between approximately 600 and 980 square feet and has a front porch and back patio. Each unit is equipped with a stove, vent hood, refrigerator, dishwasher, disposal, microwave oven and central heat and air conditioning. In addition a washer and dryer unit is provided in every unit as well as ceiling fans. All of the appliances are ENERGY STAR rated. The exterior is constructed of brick and/or vinyl siding. The property includes a picnic area, and a community facility all for the exclusive use of the residents. The Waddell Gardens will be built to cater exclusively to elderly families. Preference is shown to qualified residents that are on the Public Housing Authority’s waiting list. Please call for an appointment today.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 625 Call for Price
2 Bedroom (2/1) 955 Call for Price

Eligibility for Waddell Gardens

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 Humboldt but actual income limits may differ for units at Waddell Gardens.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $23,400 $26,750 $30,100 $33,400
Low Income (60%) $28,080 $32,100 $36,120 $40,080

Waddell Gardens Details

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

Property Amenities

  • BBQ and Picnic Area
  • Clubhouse
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.