Five Pointe
381 McConnell St., Knoxville, Tennessee 37914
Contact Five Pointe
Five Pointe is managed by Knoxville Community Development Corporation.
The Five Points community underwent a large scale revitalization. This community now offers 1-, 2-, 3-, and 4-bedroom units each with central heat and air, washer and dryer connections, and a dishwasher. The community also has a playground, a computer center, and storage units in certain units.
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price |
| Two Bedroom One Half Bathroom (2/1.5) | - | Call for Price |
| Two Bedroom Two Bathroom (2/2) | - | Call for Price |
| Three Bedroom Two Bathrooms (3/2) | - | Call for Price |
| Three Bedroom Two Half Bathroom (3/2.5) | - | Call for Price |
| Four Bedroom (4/2.5) | - | Call for Price |
Waiting List is Closed
Some units at this property are available through Knoxville Community Development Corporation's Cagle Terrace, Love Towers and Residences at Five Points Elderly/Disabled Designated Housing Waiting List. Learn about this waiting list here.Waiting List is Closed
Some units at this property are available through Knoxville Community Development Corporation's Autumn Landing, Five Points 2, Five Points 3, Five Points 4, Lonsdale Homes, Mechanicsville, Montgomery Village, Nature’s Cove, North Ridge Crossing, Passport, The Vista at Summit Hill, Valley Oaks Apartments, and Western Heights Family-Style Housing Waiting List. Learn about this waiting list here.Eligibility for Five Pointe
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 Knoxville but actual income limits may differ for units at Five Pointe.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $18,150 | $20,750 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% | $30,250 | $34,600 | $38,900 | $43,200 | $46,700 | $50,150 | $53,600 | $57,050 |
| 80% | $48,400 | $55,300 | $62,200 | $69,100 | $74,650 | $80,200 | $85,700 | $91,250 |
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 Knoxville but actual income limits may differ for units at Five Pointe.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| Very Low Income (50%) | $30,250 | $34,600 | $38,900 | $43,200 | $46,700 | $50,150 | $53,600 | $57,050 |
Five Pointe Details
- 246 one, two, three and four bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
- Rental Assistance Demonstration (RAD)
Property Amenities
- Playground
- On-Site Manager
- 24hr Emergency Maintenance
- Computer Room
Unit Amenities
- Dishwasher
- Washer and Dryer Hookup
- Extra Storage
- Blinds
- Central Heat & Air
Nearby Amenities
- Close to Public Transportation
- Near Grocery
- Near Shopping
Office Hours
| Day | Hours |
|---|---|
| Monday | 8:00am-12:00pm |
| Wednesday | 8:00am-12:00pm |
| Friday | 7:30am-4:00pm |
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.
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.
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