Cumberland View Towers

1201 Cheyenne Blvd, Madisonville, Tennessee 37115

Contact Cumberland View Towers

Provides 150 One Bedroom apartments in Madison, Tennessee
Affordable Housing for Seniors 62+

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	522	Income Based

Eligibility for Cumberland View 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 Madisonville but actual income limits may differ for units at Cumberland View Towers.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$14,580	$19,720	$24,860	$30,000	$35,140	$38,750	$41,450	$44,100
50%	$23,400	$26,750	$30,100	$33,400	$36,100	$38,750	$41,450	$44,100
80%	$37,400	$42,750	$48,100	$53,400	$57,700	$61,950	$66,250	$70,500

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 Madisonville but actual income limits may differ for units at Cumberland View Towers.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$23,400	$26,750	$30,100	$33,400	$36,100	$38,750	$41,450	$44,100

Cumberland View Towers Details

151 one bedroom units.
Water and Sewer utilities included in rent
Electricity utility included in rent
Heat utility included in rent
Section 202 Supportive Housing for the Elderly
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Computer Lab
Resident Service Coordinator
Smoke Free

Unit Amenities

Cable & Internet Ready

Nearby Amenities

Close to Public Transportation

Office Hours

Day	Hours
Monday	8:00am-5:00pm
Tuesday	8:00am-5:00pm
Wednesday	8:00am-5:00pm
Thursday	8:00am-5:00pm
Friday	8:00am-5:00pm

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

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.