First Creek at Austin

1250 Elston Turner Dr., Knoxville, Tennessee 37915

Contact First Creek at Austin

First Creek at Austin is a newly built affordable housing community offering 1-, 2-, 3-, and 4-bedroom units in a variety of floor plans.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom One Bath (2/1)	-	Call for Price
Two Bedroom Two Bath (2/2)	-	Call for Price
Three Bedroom (3/1.5)	-	Call for Price
Four Bedroom (4/2)	-	Call for Price

Eligibility for First Creek at Austin

First Creek at Austin Details

285 one, two, three and four bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Rental Assistance Demonstration (RAD)

Property Amenities

Fitness Center
Laundry Room
On-Site Parking
Bicycle Storage
Resident Lounge

Unit Amenities

Dishwasher
Microwave
Washer and Dryer Hookup
Walk-in Closet(s)
Oven and Range
Water Trash and Sewer Included
Balconies or Patios Available
Central Heat & Air
Stainless Steel 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.

Rental Assistance Demonstration (RAD)

Since this property is subsidized in part through the Rental Assistance Demonstration (RAD), some apartments may have Section 8 Project-Based Rental Assistance (PBRA) or Section 8 Project-Based Vouchers (PBV). With either type of subsidy, tenant rent payments are 30% of their adjusted monthly income. Households earning less than 80% of the area median income may qualify for PBRA or PBV reduced rents. Some of these subsidized apartments may be reserved for extremely low-income households earning less than 30% of the area median income. If the apartment has a PBV, the tenant may qualify for a Section 8 Housing Choice Voucher (HCV) after living there at least one year. Some rental units in this property may not have PBRA or PBV subsidies and therefore may have higher rents.