Flats at Pond Gap is managed by Elmington Property Management.
Minutes from all that Downtown Knoxville has to offer, The Flats at Pond Gap provides its residents affordable housing with proximity to outdoor activities, numerous dining options, and abundant shopping. Spacious floor plans with sleek fixtures and finishes in our apartment community await your own personal touches. The Flats at Pond Gap apartments are the perfect place to call your next home.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/2) | - | Call for Price |
Three Bedroom (3/2) | - | Call for Price |
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 Flats at Pond Gap.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $30,250 | $34,600 | $38,900 | $43,200 | $46,700 | $50,150 |
Low Income (60%) | $36,300 | $41,520 | $46,680 | $51,840 | $56,040 | $60,180 |
Day | Hours |
---|---|
Monday | 9:00am-4:00pm |
Tuesday | 9:00am-4:00pm |
Wednesday | 9:00am-4:00pm |
Thursday | 9:00am-4:00pm |
Friday | 9:00am-4:00pm |
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.