Luther Terrace

3907 James Rd, Memphis, Tennessee 38128

Contact Luther Terrace

Luther Terrace has 29 one bedroom apartments and 10 efficiency apartments.

There is an on-site Care Manager to assist residents in locating available city, county, and state services to meet their needs.

Unit (Bd/Ba)	Ft²	Rent
Efficiency (Studio/1)	-	Call for Price
One Bedroom (1/1)	-	Call for Price

Eligibility for Luther Terrace

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 Luther Terrace.

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

Luther Terrace Details

40 studio and one bedroom units.
Section 202 Supportive Housing for the Elderly
Section 8 New Construction

Property Amenities

Controlled Access
Fitness Center
Computer Lab
Resident Service Coordinator
Energy Efficient Design
On-Site Social Services
Surveillance Cameras
Smoke Free
Community Center
On-Site Laundry

Unit Amenities

Handicapped Accessible
Utilities Included
Fully Equipped Kitchen

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.