Chickasaw Place Apartments

203 Red Oak Drive, Memphis, Tennessee 38112

Contact Chickasaw Place Apartments

Chickasaw Place Apartments offers 1 to 4 bedroom apartments ranging in size from 512 to 1,009 sq.ft.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	512	Income Based
Two Bedroom (2/1)	647	Income Based
Three Bedroom (3/1)	808	Income Based
Four Bedroom (4/1)	1009	Income Based

Eligibility for Chickasaw Place Apartments

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 Memphis but actual income limits may differ for units at Chickasaw Place Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$17,050	$19,720	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$28,350	$32,400	$36,450	$40,500	$43,750	$47,000	$50,250	$53,500
80%	$45,400	$51,850	$58,350	$64,800	$70,000	$75,200	$80,400	$85,550

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 Memphis but actual income limits may differ for units at Chickasaw Place Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$28,350	$32,400	$36,450	$40,500	$43,750	$47,000	$50,250	$53,500
Low Income (60%)	$34,020	$38,880	$43,740	$48,600	$52,500	$56,400	$60,300	$64,200

Chickasaw Place Apartments Details

272 one, two, three and four bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 223
Section 221 (d) (3)

Property Amenities

Fitness Center
Playground
Basketball Court
On-Site Manager
Off-Street Parking
On-Site Maintenance
Laundry Facilities

Unit Amenities

Air Conditioning
Refrigerator
Energy Efficient Appliances

Nearby Amenities

Close to Public Transportation

Office Hours

Day	Hours
Monday	7:30am-4:30pm
Tuesday	7:30am-4:30pm
Wednesday	7:30am-4:30pm
Thursday	7:30am-4:30pm
Friday	7:30am-4:30pm

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.