Old Hickory Towers

930 Industrial Dr, Lakewood, Tennessee 37138

Contact Old Hickory Towers

Are you searching for a community that is dedicated to serving the housing needs of seniors and those with disabilities in Old Hickory, Tennessee? Look no further than Old Hickory Towers, a beautiful apartment community, providing affordable housing through Section 8 subsidy for elderly and disabled residents. All your shopping, dining and entertainment needs are close to home! If comfort and convenience are important factors in your life, you’ve come to the right place!

Old Hickory Towers apartment community offers three floor plans featuring 1- and 2-bedroom options, as well as a duplex. The standard amenities include disability access, emergency call systems, all major appliances, mini blinds and so much more. There is something for everyone.

Don’t feel like leaving home? You don’t have to. Snacks are offered in the clubhouse Monday through Friday, a coffee bar, a DVD room, billiards, a fitness center, and so much more! Currently the community is undergoing renovations from the bottom up, as well as adding a community center to the community grounds.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	512	Call for Price
Two Bedroom (2/1)	840	Call for Price

Eligibility for Old Hickory Towers

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 Lakewood but actual income limits may differ for units at Old Hickory Towers.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$21,000	$24,000	$27,000	$30,000
50%	$34,950	$39,950	$44,950	$49,900
80%	$55,900	$63,900	$71,900	$79,850

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 Lakewood but actual income limits may differ for units at Old Hickory Towers.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$34,950	$39,950	$44,950	$49,900
Low Income (60%)	$41,940	$47,940	$53,940	$59,880

Old Hickory Towers Details

217 one and two bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Elevator
Fitness Center
BBQ and Picnic Area
Clubhouse
Library
Landscaping
24 Hour Maintenance
Resident Activities
On-Site Laundry
Beauty Salon
Meal Services

Unit Amenities

Handicapped Accessible
Dishwasher
Microwave
Cable Ready
Utilities Included
Walk-in Closet(s)
Carpet
Refrigerator
Kitchen Pantry
Balconies or Patios Available
Central Heat & Air
Mini Blinds & Curtain Rods

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.