Jeffrey Meadows

391 N Main St, Lexington, Tennessee 38351

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Jeffrey Meadows is managed by Olympia Management INC.

Conveniently located along N. Main Street, Jeffrey Meadows offers a unique approach to income restricted apartments in Lexington, where form follows function. These well-planned apartments are available in 1-, 2- or 3-bedroom layouts, each of which is pre-wired for cable and offers plenty of additional storage. Other features include central heat/air, washer/dryer hookups, blinds on the windows and a kitchen equipped with pantry, range, dishwasher, disposal, and refrigerator with ice maker.

The on-site clubhouse offers a community room and laundry facilities, while residents also enjoy the outdoor picnic area for warm weather gatherings. This complex is close to lots of shopping and dining options along nearby US-412. Garbage pickup is included in the rent.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 901 Call for Price
Two Bedroom (2/2) 1170 Call for Price
Three Bedroom (3/2) 1339 Call for Price

Eligibility for Jeffrey Meadows

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 Lexington but actual income limits may differ for units at Jeffrey Meadows.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
30% $14,580 $19,720 $24,860 $30,000 $35,140 $38,850
50% $23,450 $26,800 $30,150 $33,450 $36,150 $38,850
80% $37,450 $42,800 $48,150 $53,500 $57,800 $62,100

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 Lexington but actual income limits may differ for units at Jeffrey Meadows.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $23,450 $26,800 $30,150 $33,450 $36,150 $38,850
Low Income (60%) $28,140 $32,160 $36,180 $40,140 $43,380 $46,620

Jeffrey Meadows Details

  • 40 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 538 Guaranteed Rural Rental Housing

Property Amenities

  • Community Room
  • On-Site Manager
  • Laundry Facilities
  • Picnic Area

Unit Amenities

  • Dishwasher
  • Garbage Disposal
  • Washer and Dryer Hookup
  • Cable Ready
  • Oven and Range
  • Extra Storage
  • Kitchen Pantry
  • Blinds
  • Central Heat & Air

Office Hours

Day Hours
Monday 9:00am-2:00pm
Tuesday 9:00am-2:00pm
Wednesday 9:00am-2:00pm
Thursday 9:00am-2:00pm
Friday 9:00am-2:00pm
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.

Section 538 Guaranteed Rural Rental Housing

Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.

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